Description
The public owns 75% of the Fund through senior units listed on the Toronto Stock Exchange and Glencore Canada indirectly owns 25% of the Fund through the holding of common units. Canadian Electrolytic Zinc Limited, a wholly-owned subsidiary of Glencore Canada Corporation, is involved in the extraction, processing, and smelting of zinc and lead ore. It operates processing plants in Canada and is active in the primary production, marketing, and recycling of zinc and lead. The company's activities include the smelting and refining of zinc and lead ore, as well as zinc and lead recycling. Additionally, it has a global marketing reach and sells zinc and lead concentrates and metals. The products derived from these operations are used in various industries, including construction, automotive, and renewable energy.
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