Glencore Suspends $1B Investment Citing Quebec Regulatory Concerns

Glencore froze nearly $1 billion in planned investment at the Horne Smelter, saying regulatory conditions in Quebec are not sufficiently in place to justify emissions-reduction and upgrade capex at Canada’s largest copper metal-producing operation. The suspension is immediate and paired with a demobilization plan at Rouyn-Noranda, with Glencore warning that without the planned projects it […] The post Glencore Suspends $1B Investment Citing Quebec Regulatory Concerns appeared first on the deep dive.