THE VOICE OF THE CANADIAN

MINING INDUSTRY SINCE 1935

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.

Self-Assessed Results

2021 TSM Results

Niobec

Crisis Management and Communications Planning Assessment
Facility Crisis management and communications preparednessReviewTraining
Niobec inc. (QMA)
Results as of: Nov 02, 2021
Aboriginal and Community Outreach Assessment
Community of Interest (COI) identificationEffective COI engagement and dialogueCOI response mechanismReporting
Niobec inc. (QMA)

AAA

AA

A

B

C

Results as of: Nov 02, 2021
Safety and Health Assessment
Commitments and accountabilityPlanning and implementationTraining, behaviour and cultureMonitoring and reportingPerformance
Niobec inc. (QMA)

AAA

AA

A

B

C

Results as of: Nov 02, 2021
Tailings Management Assessment
Tailings management policy and commitmentTailings management systemAssigned accountability and responsibilityAnnual tailings management reviewOperation, maintenance and surveillance (OMS) manual
Niobec inc. (QMA)

AAA

AA

A

B

C

Results as of: Nov 02, 2021
Biodiversity Conservation Management Assessment
Commitment, accountability and communicationsConservation planning and implementationReporting
Niobec inc. (QMA)

AAA

AA

A

B

C

Results as of: Nov 02, 2021
Energy and GHG Emissions Management Assessment
Energy use and greenhouse gas emissions managementEnergy use and greenhouse gas emissions reporting systemsEnergy and greenhouse gas emissions performance targets
Niobec inc. (QMA)

AAA

AA

A

B

C

Results as of: Nov 02, 2021
Water Stewardship Assessment
Water governanceOperational water managementWatershed-scale planningWater reporting and performance
Niobec inc. (QMA)

AAA

AA

A

B

C

Results as of: Nov 02, 2021
International Initiatives
Industry Sustainability Initiatives
ICMM Sustainable Development Framework
WGC Conflict Free Gold Standard
ISO 14001 - EMS Standard
Management System Standards
UN Global Compact
International Voluntary Initiatives
Extractive Industries Transparency Initiative
Voluntary Principles on Security and Human Rights
OECD Guidelines for Multinational Enterprises
AA 1000
Reporting, Disclosure and Transparency Standards
Global Reporting Initiative
CDP
Water Disclosure Project
Carbon Pricing Leadership Coalition
IFC Social and Environmental Performance Standards
Financing Standards
Dow Jones Sustainability Index
Listed on Socially Responsible Investing Indices
Jantzi Social Index
Responsible Jewellery
Industry Sustainability Initiatives
International Cyanide Code
Kimberley Process
Results as of: Nov 25, 2021

Letters of Assurance

Niobec | 2023 | TSM Letter of Assurance



Verification Summary Reports

Niobec | Niobec inc. (QMA) | 2023 | Verification Summary Report



Historical TSM Results

TSM Results (Latest)

TSM Results 2021

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