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
jobs in Quebec, including 1,078 direct jobs
value in the procurement of goods and services annually
of goods and services expenditures and investments in Quebec
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.