UPDATE ON THE FUTURE OF THE HORNE SMELTER AND CANADIAN COPPER REFINERY [Yahoo! Finance]
GLENCORE PLC UNSP/ADR (GLNCY)
US:NASDAQ Investor Relations:
glencore.com/investors
Company Research
Source: Yahoo! Finance
ahead of January 31, 2026, the date previously set as a deadline to confirm a viable path forward to ensure the long-term sustainability of its operations at the Horne Smelter and the Canadian Copper Refinery (CCR). Glencore Canada confirms that it has maintained ongoing discussions with the Government of Québec. At this time, certain key elements remain unresolved. It is critical to break the current impasse without delay to secure the continuation of operations and the investments required to support the future of the Horne Smelter and CCR. The projects aimed at delivering the next generation of environmental improvements represent major investments, estimated at several hundred million dollars. Glencore Canada reiterates its willingness to invest in its facilities, but a financial commitment of this magnitude requires stability and predictability. This is contingent on finding a path forward towards a stable and realistic regulatory framework for the years ahead—at a minimu
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News
- Glencore (OTCMKTS:GLNCY) had its "outperform" rating reaffirmed by analysts at Royal Bank Of Canada.MarketBeat
- Copper Holds Surge as Investors Return to Commodities After Drop [Yahoo! Finance]Yahoo! Finance
- Glencore Canada suspends major investments in its Horne Smelter [BNN Bloomberg (Canada)]BNN Bloomberg
- Glencore Canada suspends major investments in its Horne Smelter [Yahoo! Finance Canada]Yahoo! Finance Canada
- Glencore Canada forced to suspend major investments at the Horne Smelter [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The