29Metals Ltd, headquartered in Australia, is a prominent player in the copper ores and concentrates industry. Founded in 2021, the company has quickly established itself as a key supplier of high-quality copper products, primarily focusing on the extraction and processing of copper ores. With major operations in Australia and a commitment to sustainable mining practices, 29Metals is dedicated to delivering exceptional value to its customers.
The company’s core offerings include copper concentrates, which are distinguished by their purity and efficiency in production. 29Metals has achieved notable milestones, including the successful launch of its flagship operations, which have positioned it as a competitive force in the global market. With a strong emphasis on innovation and sustainability, 29Metals continues to enhance its market position while contributing to the evolving landscape of the mining industry.
-6 vs industry average
29metals’s score of 16 is lower than 37% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Copper Mining has above-average carbon intensity
Industry performance
The Copper Mining industry has reduced its overall emissions by 82% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
29metals's reported carbon emissions
29Metals, headquartered in Australia and operating in the copper ores and concentrates industry, has committed to achieving net-zero emissions by 2050. For the financial year 2025, 29Metals reported Scope 1 emissions of approximately 130,545,500 kg CO2e and Scope 2 emissions of approximately 96,484,040 kg CO2e. In the financial year 2024, Scope 1 emissions were approximately 96,484,040 kg CO2e, with Scope 2 emissions also reported at approximately 96,484,040 kg CO2e. For the financial year 2023, Scope 1 emissions totalled approximately 34,061,460 kg CO2e, and Scope 2 emissions were approximately 96,484,040 kg CO2e. In the financial year 2022, Scope 1 emissions amounted to approximately 15,996,000 kg CO2e, and Scope 2 emissions were approximately 36,407,000 kg CO2e. The company also reported an intensity metric of approximately 9,310 tonnes of CO2e per kilotonne of ore mined for this period. For the financial year 2021, Scope 1 emissions were approximately 14,169,000 kg CO2e, and Scope 2 emissions were approximately 36,511,000 kg CO2e. An intensity metric of approximately 6,860 tonnes of CO2e per kilotonne of ore mined was also reported. In the financial year 2020, total reported emissions were approximately 118,627,000 kg CO2e, comprising Scope 1 emissions of approximately 23,396,000 kg CO2e and Scope 2 emissions of approximately 95,231,000 kg CO2e. A combined Scope 1 and 2 emissions intensity of approximately 65,650 kg CO2e per tonne of ore mined was noted. 29Metals has stated its commitment to contributing to global efforts to minimise contributions to global warming and mitigate climate change risks, with its copper-focused assets positioning it to assist in the transition to a net-zero emissions future. The company's data disclosures indicate a focus on Scope 1 and Scope 2 emissions, with Scope 3 (purchased goods and services) being a missing data point in recent reporting years.
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29metals’s Climate Goals (2030 & 2050)
2 goals2050
Our copper-focused assets position us well to help transitio…
Our copper-focused assets position us well to help transition to a net zero emissions future.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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