Australian Strategic Materials Ltd
Australian Strategic Materials Ltd (ASM) is a leading player in the critical minerals sector, headquartered in Australia. Founded in 2020, the company focuses on the production of high-purity metals and materials essential for advanced technologies, particularly in the renewable energy and defence industries. With major operations in Australia and a commitment to sustainable practices, ASM stands out for its unique ability to produce rare earth elements and other strategic materials through innovative processing techniques. The company has quickly established a strong market position, recognised for its contributions to the supply chain of critical minerals, which are vital for electric vehicles, batteries, and various high-tech applications. ASM's dedication to quality and sustainability has garnered attention, positioning it as a key player in the global transition towards a greener economy.
DitchCarbon Score
How does Australian Strategic Materials Ltd's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Non-Ferrous Metal Mining industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Australian Strategic Materials Ltd's score of 14 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Australian Strategic Materials Ltd's reported carbon emissions
In 2024, Australian Strategic Materials Ltd reported total carbon emissions of approximately 2,564,000 kg CO2e for Scope 1 and about 798,000 kg CO2e for Scope 2, resulting in a combined total of around 3,363,000 kg CO2e. This marks a decrease from 2023, where emissions were approximately 3,166,000 kg CO2e for Scope 1 and about 1,060,000 kg CO2e for Scope 2, leading to a total of around 4,225,000 kg CO2e. Despite these figures, Australian Strategic Materials Ltd has not set specific reduction targets or climate pledges, nor do they have any emissions data for Scope 3. The company does not inherit emissions data from a parent organisation, indicating that their reported figures are solely their own. Overall, while the company has shown a reduction in emissions from the previous year, further commitments and targets would enhance their climate strategy and accountability.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 3,166,000 | 0,000,000 |
| Scope 2 | 1,060,000 | 000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Australian Strategic Materials Ltd is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
