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flag Glencore consolidates Canadian zinc smelters under global division to cut costs amid industry downturn.

flag Swiss mining giant Glencore is consolidating its Canadian smelters under its global zinc division to boost efficiency amid a downturn in the industry. flag This move follows the company's review of its copper and zinc smelting assets due to increased competition and lower profitability. flag Glencore has already reduced the value of several smelters and is implementing significant cost cuts at its Canadian facilities.

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