Glencore, Canada Near Deal to Save Threatened Copper Facility

The governments of Canada and Quebec are pushing to save the country’s only copper smelter after Glencore Plc threatened to shut it down over new pollution-control requirements.

The Horne Smelter, about 390 miles northwest of Montreal, is one of small number of facilities in North America that can process copper concentrate and recyclable materials such as electronic waste. The Swiss resources company said last month it was suspending plans to invest nearly C$1 billion ($720 million) in its Quebec copper operations after hitting an impasse in talks with the province over measures to reduce harmful arsenic emissions.