Noranda Metallurgy, a division of Noranda, will invest $29 million in its CCR refinery in Montreal. The expenditure is expected to increase the plant’s copper and precious metals recycling capacity to 40,000 tonnes per year.
The division will install a recycling furnace, casting equipment and ancillary and environmental systems with the capacity to treat, on a daily basis, 200 tonnes of copper blister and other high-grade and precious metal recyclables. The furnace is scheduled to begin operating at the end of 1997.
In 1995, the company treated more than 150,000 tonnes of recyclable material.
A quarter of the copper and precious metals produced at the refinery originated from recyclable material.
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