Another big blow to Canadian industry

Glencore said it was prepared to invest almost C$1 billion ($730 million) at Horne over five years, including C$300 million for emissions reduction but it will become impossible for the smelter to meet certain emissions targets that come into effect starting in March 2027, Glencore said it’s halting all investments related to emissions reduction at its Horne smelter in northern Quebec. Economic Impact: The Horne Smelter contributes significantly to the local economy, with an estimated economic benefit of $500 million per year. It employs around 650 people. Elbows up.

Well, another big blow to Canadian industry. The Horne Smelter in Rouyn-Noranda, Quebec—Canada's only copper smelter and the largest processor of metals from electronic scrap in North America—may shut down in 2027 because of Canada's insane environmental policies. Glencore said… pic.twitter.com/PUh8DhHB7x

— John Lee Pettimore (@JohnLeePettim13)February 7, 2026