Glencore overhauls embattled Canadian smelters as margins plunge
The company’s copper plants in Quebec — as well as several recycling sites in the US — will be absorbed into the miner’s global zinc smelting division.
Capital spending in Canada’s mining industry increased by 14% to C$13.5 billion last year, its highest in a decade, the latest figures published by Natural Resources Canada showed. The sector’s capex intentions in 2023 are also showing notable growth, rising...
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