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 11 is lower than 55% 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 3,363,000 kg CO2e, comprising 2,564,000 kg CO2e from Scope 1 and 798,000 kg CO2e from Scope 2 emissions. This marks a reduction from 2023, where total emissions were about 4,225,000 kg CO2e, with Scope 1 emissions at 3,166,000 kg CO2e and Scope 2 emissions at 1,060,000 kg CO2e. Despite these figures, Australian Strategic Materials Ltd has not established specific reduction targets or climate pledges, nor do they report any Scope 3 emissions. The company does not inherit emissions data from a parent organisation, indicating that all reported figures are self-generated. As the company continues to navigate its carbon footprint, it remains crucial for Australian Strategic Materials Ltd to develop and communicate clear climate commitments to align with industry standards and expectations.
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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.
