Sustainability
Our Indigenous, Environment, Social and Governance (IESG) approach
In developing our Strange Lake project, we ensure that Indigenous, environmental, social, and governance (IESG) considerations guide every decision and action we take.
Working closely with communities
From the outset, continuous engagement with all local and Indigenous communities is essential to the development of a project that is poised to generate significant economic and social benefits for all stakeholders from the planning stages through to active closure.
Low-impact mining operations
Selective mining
The exceptional qualities of the Strange Lake deposits make it possible to engage in selective mining. This means that only the highest quality ore is processed in order to reduce impacts and maximize the sustainability of our operations.
Learn more about the mining site and the concentration plant
Low-impact transportation
The seasonal access road is designed to minimize impacts on the land, rivers/watercourses and habitats used by the Inuit of Labrador for cultural and recreational purposes, as well as on the subsistence way of life traditionally practiced by the Inuit and the Innu of Labrador.
Seasonal maritime transportation is designed to minimize impacts on marine habitats and on the traditional, cultural, subsistence and recreational use thereof by the Inuit and the Innu of Labrador.
Rare earth separation plant
Investments in specialized processing technologies will reduce waste, water consumption and greenhouse gas emissions to a minimum.
Top-ranked partners
From our main investor, Cerberus Capital, to our technology and engineering partners, we are surrounded by experts who share the same mission and the same social and environmental priorities.
I-ESG Standards and commitment to transparency
We are currently developing a comprehensive I-ESG policy that will align with well-recognized frameworks, such as the Equator Principles, the International Council on Mining and Metals (ICMM), the International Finance Corporation (IFC), and the Toward Sustainable Mining (TSM) initiative. These frameworks set rigorous environmental, social, and governance (ESG) standards, incorporating independent third-party audits to ensure transparency, environmental stewardship, responsible resource development, and social responsibility toward all stakeholders.