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.
+2 vs industry average
Australian Strategic Materials Ltd’s score of 18 is lower than 47% 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
Non-Ferrous Metal Mining has above-average carbon intensity
Industry performance
The Non-Ferrous Metal Mining industry has reduced its overall emissions by 64% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Australian Strategic Materials Ltd's reported carbon emissions
Australian Strategic Materials Ltd (ASM), headquartered in AU, has reported the following carbon emissions data: For the 2024 reporting year, ASM reported total Scope 1 and Scope 2 emissions of approximately 3.36 million kg CO2e. This comprises approximately 2.56 million kg CO2e for Scope 1 and about 798,000 kg CO2e for Scope 2. In the 2023 reporting year, total Scope 1 and Scope 2 emissions were approximately 4.23 million kg CO2e. Scope 1 emissions were about 3.17 million kg CO2e, and Scope 2 emissions were approximately 1.06 million kg CO2e. For the 2022 reporting year, ASM disclosed Scope 1, 2, and 3 emissions. Total emissions for 2022 were approximately 637.33 million kg CO2e. This breaks down into Scope 1 emissions of about 324.22 million kg CO2e (including approximately 226.08 million kg CO2e from process emissions and 96.00 million kg CO2e from stationary combustion) and Scope 2 emissions of approximately 247.98 million kg CO2e (all from purchased electricity). Scope 3 emissions for 2022 totalled about 87.39 million kg CO2e, with employee commute contributing approximately 200 kg CO2e and upstream transportation and distribution accounting for about 16.79 million kg CO2e. ASM has not yet publicly disclosed specific reduction targets through initiatives like the Science Based Targets initiative (SBTi) or commitments to climate pledges. The company has indicated that Scope 3 emissions, specifically purchased goods and services, are missing data points in its reporting for the 2023 and 2024 years.
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Australian Strategic Materials Ltd’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Australian Strategic Materials Ltd yet.
Scope 3 top emissions categories
2 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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