Environmental redline triggers shutdown crisis; Zambian government plans to invest 100 millions kwacha to "protect" the core copper industry
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```htmlGolden Ten Data reported on March 30 that, due to new environmental requirements and Glencore's threat to close Canada’s only copper smelter, the Canadian and Quebec governments are working to take action to save the plant. The Horne Smelter, located about 390 miles northwest of Montreal, is one of the few facilities in North America capable of processing concentrates and recyclable materials such as electronic waste. Last month, the Swiss commodity company announced it was suspending plans to invest nearly 1 billion Canadian dollars in its Quebec copper business after negotiations with Quebec over measures to reduce harmful arsenic emissions reached an impasse. If no agreement is reached, the facility will have to shut down, affecting North America’s already limited copper processing capacity. However, Quebec has now proposed legal amendments to address some of Glencore’s key demands. If approved, the metal company will have more time to meet stricter emission targets. Meanwhile, according to sources, the Canadian government is considering a financial aid application of about 150 million Canadian dollars to help cover the costs of a new pollution control system. In an email statement, Glencore said: "While awaiting regulatory certainty, we are willing to evaluate other mechanisms, especially financial mechanisms, to share the risk."```
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