Aeris:

Glencore plans to invest more than C$500 million in its Horne smelter located in Rouyn-Noranda, Québec, with the aim of improving air quality to reduce its arsenic emissions to 15 ng/m3 within the next five years. The investments we plan will make the Horne smelter one of the world’s lowest-emitting copper smelters. This investment will comprise three pillars, the first being modernization of the smelter’s installations through the construction of cutting-edge technology. This transformation, named AERIS, includes the following projects:

• The complete reengineering of copper transformation processes (PHENIX);

• The addition of a high-capacity air cleaning system (R3);

• The construction of a new energy-efficient casting wheel (ECCO);

• The finalizing of a larger transition zone between the smelter and the Notre-Dame district.

Raglan:

Sivumut, an Inuktitut word meaning “moving forward”, is the name of the two-phase project for adding to Raglan mine’s current activities. The new mines are expected to enable Glencore to continue its mining operations – that began in 1997 – to 2040 and beyond. The Sivumut project is composed of two phases: Phase II and Phase III of the Raglan mine. Phase II consists of the expansion of an existing mine, the Qakimajurk mine, and the opening of a new underground mine, the 14 mine project.

It is within this framework that mining projects 8 and 14 were created. In 2021, mining project 8 was completed, which is the extension of the Qakimajurk mine. Today, we are working on mining project 14, which will be completed in 2024 and will ensure the future of Raglan mine.

The Sivumut Project is also an opportunity to strengthen our partnerships with Nunavimmiut (the people of Nunavik), in particular with the communities of Salluit and Kangiqsujuaq. The project has been developed through a process of public consultations leading up to the Environmental and Social Impact Assessment (ESIA) required by Québec’s Environment Quality Act (EQA) and Chapter 23 of the James Bay and Northern Québec Agreement (JBNQA).

Onaping Depth project:

To extend its Sudbury, Ontario, mining operations to 2040, Glencore plans to go very deep underground. The mining giant expects its C$1.3-billion Onaping Depth project to be fully operational by 2025. The new mine is being built around 2,500 metres below the former Craig mine, which shut down in 2009. The fleet of vehicles operating in the mine will be fully electric.