Australian Strategic Materials Ltd
Australian Strategic Materials Ltd (ASM) is a prominent player in the non-ferrous metal ores and concentrates industry, headquartered in Australia. Founded in 2020, ASM focuses on the sustainable production of critical materials essential for advanced technologies, particularly in the fields of renewable energy and electric vehicles.
With operations primarily in Australia and strategic partnerships in key markets, ASM is dedicated to extracting and refining high-quality rare earth materials. Their unique approach combines innovative processing techniques with a commitment to environmental responsibility, setting them apart in a competitive landscape.
Notable achievements include securing significant investment and establishing a robust supply chain, positioning ASM as a leader in the critical minerals sector. As demand for sustainable materials continues to rise, Australian Strategic Materials Ltd is poised to play a vital role in shaping the future of the industry.
+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), based in Australia and operating in the other non-ferrous metal ores and concentrates industry, has reported its greenhouse gas emissions.
For the 2022 reporting year, ASM's total reported emissions were approximately 637,327,800 kg CO2e. This total comprised Scope 1 emissions of about 324,217,600 kg CO2e (including process emissions and stationary combustion) and Scope 2 emissions of approximately 247,981,500 kg CO2e from purchased electricity. Scope 3 emissions for 2022 were reported at approximately 87,386,300 kg CO2e, specifically including employee commute and upstream transportation and distribution.
In 2023, ASM's reported Scope 1 emissions were approximately 3,166,000 kg CO2e, with Scope 2 emissions at about 1,060,000 kg CO2e, resulting in a combined Scope 1 and 2 total of approximately 4,225,000 kg CO2e.
For 2024, the company reported Scope 1 emissions of approximately 2,564,000 kg CO2e and Scope 2 emissions of about 798,000 kg CO2e, leading to a combined Scope 1 and 2 total of approximately 3,363,000 kg CO2e.
ASM's emissions reporting for the 2023 and 2024 years currently covers only Scope 1 and Scope 2 emissions, with a noted data gap in Scope 3, specifically purchased goods and services. The company has not disclosed specific reduction targets or commitments to initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge.
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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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