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Horne Smelter

Quebec copper industry

Glencore’s copper division assets in Quebec consist of the Horne Smelter, located in Rouyn-Noranda, and the CCR Refinery in Montréal-Est. These integrated companies represent the copper industry in Quebec—an industry that produces substantial economic benefits for the province. The Horne Smelter and CCR Refinery alone generate $690 million of Quebec’s gross domestic product (GDP) annually.

The Quebec copper industry - At a glance

  • 3,800

    jobs in Quebec, including 1,078 direct jobs

  • $355M

    payroll

  • $345M

    value in the procurement of goods and services annually

  • 82%

    of goods and services expenditures and investments in Quebec

  • $69M

    in direct taxes paid to the Government of Quebec annually

The Quebec copper industry: vital to modern life

Quebec’s copper industry will play a primary role over the coming years as the transition to green energies ramps up the demand for copper. Demand is predicted to increase by 1.0 T/year to 60.1 T in 2050—50% greater than in 2019.

In addition to copper cathodes, Glencore’s Quebec copper division produces strategic metals and chemicals like selenium, tellurium dioxide, nickel sulfate, and a platinum and palladium concentrate as well as precious metals like gold and silver.

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