Home > Company Performance > Niobec
The Niobec mine is located in the municipality of Saint-Honoré in the Saguenay-Lac-Saint-Jean region of the province of Quebec. It is the only underground niobium mine, and one of the three main niobium producers in the world. The mine’s current production accounts for approximately 8 to 10% of the world’s production. Niobec is selling niobium as a ferroalloy called ferroniobium.
Niobec is pursuing the missions of responsibly operating an integrated site for the production of quality ferroniobium, ranging from extraction to marketing, for international customers, while maximizing the economic potential of a world-class deposit to create value for all of our stakeholders.
Thanks to the skills of our employees and our forward-thinking ways of doing business, we aim to ensure the sustainability and growth of our company by safely producing quality ferroniobium at a competitive cost, while following the best environmental standards.
To implement this vision, Niobec relies on its four fundamental values which are security, respect, integrity and excellence.
Facility | Crisis management and communications preparedness | Review | Training |
---|---|---|---|
Niobec Inc. (QMA) | ✕ | ✕ | ✕ |
Niobec inc. (QMA) | ✕ | ✕ | ✕ |
Facility | PREVENTING FORCED LABOUR | PREVENTING CHILD LABOUR |
---|---|---|
Niobec inc. (QMA) | ✔ | ✔ |
Commitments and accountability | Planning and implementation | Training, behaviour and culture | Monitoring and reporting | Performance | |
---|---|---|---|---|---|
Niobec inc. (QMA) |
AAA
AA
A
B
C
Tailings management policy and commitment | Tailings management system | Assigned accountability and responsibility | Annual tailings management review | Operation, maintenance and surveillance (OMS) manual | |
---|---|---|---|---|---|
Niobec inc. (QMA) |
AAA
AA
A
B
C
Commitment, accountability and communications | Conservation planning and implementation | Reporting | |
---|---|---|---|
Niobec inc. (QMA) |
AAA
AA
A
B
C
Water governance | Operational water management | Watershed-scale planning | Water reporting and performance | |
---|---|---|---|---|
Niobec inc. (QMA) |
AAA
AA
A
B
C
Community of Interest Identification | Effective Community of Interest Engagement and Dialogue | Effective Indigenous Engagement and Dialogue | Community Impact and Benefit Management | Community of Interest Response Mechanism | |
---|---|---|---|---|---|
Niobec inc. (QMA) |
AAA
AA
A
B
C
Corporate Climate Change Management | Facility Climate Change Management | Facility Performance Targets and Reporting |
---|---|---|
Niobec Inc. (QMA) | ||
Niobec inc. (QMA) |
AAA
AA
A
B
C
International Initiatives | ||
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Industry Sustainability Initiatives | ICMM Sustainable Development Framework |
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WGC Conflict Free Gold Standard |
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ISO 14001 - EMS Standard |
✔ | |
Management System Standards | OHSAS 18001 |
|
UN Global Compact |
✔ | |
International Voluntary Initiatives | Extractive Industries Transparency Initiative |
|
Voluntary Principles on Security and Human Rights |
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OECD Guidelines for Multinational Enterprises |
||
AA 1000 |
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Reporting, Disclosure and Transparency Standards | Global Reporting Initiative |
|
CDP |
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Water Disclosure Project |
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Carbon Pricing Leadership Coalition |
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IFC Social and Environmental Performance Standards |
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Financing Standards | Dow Jones Sustainability Index |
|
Listed on Socially Responsible Investing Indices | Jantzi Social Index |
|
Responsible Jewellery |
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Industry Sustainability Initiatives | International Cyanide Code |
|
Kimberley Process |
Niobec | 2023 | TSM Letter of Assurance
Niobec | Niobec inc. (QMA) | 2023 | Verification Summary Report
TSM Results 2023 (Externally Verified)
Mining Association of Canada
1100-275 Slater Street
Ottawa, ON K1P 5H9
613.233.9392 ext 316
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