Québec Passes Bill Supporting Horne Smelter Operations, Allowing Glencore to Resume Environmental Investments

Published: Jun 15, 2026 10:03

Save

Glencore Canada has welcomed the Québec government's passage of Bill 11, which establishes a stable regulatory framework for the Horne Smelter through 2033. The legislation extends the timeline for compliance with stricter arsenic emission standards, providing greater certainty for ongoing operations and investment planning. As a result, Glencore plans to gradually resume approximately C$300 million in environmental improvement projects that had previously been placed on hold due to regulatory uncertainty. The company said these projects are expected to position the Horne Smelter among the world's leading copper smelters in terms of environmental performance. Horne remains Canada's only operating copper smelter and plays a strategic role in the country's critical minerals and refining supply chain.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

7 mins ago

North China downstream restocked copper cathode raw material

[SMM North China Copper Cathode Market] Intraday copper prices rebounded, and downstream new orders showed a slowdown. However, as copper semis downstream gradually fulfilled orders placed after the previous copper price weakness, enterprises picked up goods today to restock copper cathode raw material.

7 mins ago

12 mins ago

Copper prices and inventory both rose, suppliers proactively cut prices to sell [SMM South China Spot Copper]

12 mins ago

44 mins ago

Rising Copper Prices Reduce New Orders, Downstream Raw Material Restocking [SMM North China Copper Spot]

In North China today, spot #1 copper cathode against the front-month contract was quoted at an average discount of 200–140 yuan/mt, with the average discount at 170 yuan/mt, up 30 yuan/mt from the previous trading day. The average transaction price was 105,605 yuan/mt, up 1,115 yuan/mt from the previous trading day.

44 mins ago