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Public Profile
Salt and Mineral Mining
AU
updated 2 months ago

Blackstone Minerals Limited

Company website

Blackstone Minerals Limited, an Australian-based mining and exploration company, is headquartered in Perth, Western Australia. Founded in 2018, the company has quickly established itself in the resource sector, focusing primarily on nickel and cobalt production, essential for the growing electric vehicle market. With significant operations in the highly prospective Ta Khoa Nickel Project in Vietnam, Blackstone Minerals is committed to sustainable mining practices and innovative processing techniques. Their unique approach to resource extraction and commitment to environmental stewardship sets them apart in the industry. Recognised for their strategic partnerships and robust project pipeline, Blackstone Minerals is well-positioned to capitalise on the increasing demand for battery metals, making notable strides in the global market.

DitchCarbon Score

How does Blackstone Minerals Limited'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.

16

Industry Average

Mean score of companies in the Salt and Mineral 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.

22

Industry Benchmark

Blackstone Minerals Limited's score of 16 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.

23%

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Blackstone Minerals Limited's reported carbon emissions

In 2023, Blackstone Minerals Limited reported total carbon emissions of approximately 12,330,747 kg CO2e. This figure includes 3,924,747 kg CO2e from Scope 1 emissions, 1,000,000 kg CO2e from Scope 2 emissions, and 7,406,000 kg CO2e from Scope 3 emissions. The company has disclosed emissions data for all three scopes, indicating a comprehensive approach to tracking its carbon footprint. Comparatively, in 2022, the company’s emissions were significantly lower, with Scope 1 emissions at about 9.8 kg CO2e, Scope 2 at approximately 2.4 kg CO2e, and Scope 3 at around 4.4 kg CO2e. In 2020, emissions were recorded at 3,580,930 kg CO2e for Scope 1, 194,850 kg CO2e for Scope 2, and 148,967 kg CO2e for Scope 3. This data illustrates a substantial increase in emissions over the years, particularly in Scope 3, which often represents the largest share of a company's carbon footprint. Despite the increase in emissions, Blackstone Minerals Limited has not set specific reduction targets or climate pledges, nor have they cascaded any targets from parent organizations. The absence of documented reduction initiatives suggests a need for the company to establish clear climate commitments to align with industry standards and expectations. Overall, while Blackstone Minerals Limited has made strides in emissions reporting, the lack of reduction targets and initiatives highlights an area for potential improvement in their climate strategy.

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202020222023
Scope 1
3,580,930
0.0
0,000,000
Scope 2
194,850
0.0
0,000,000
Scope 3
148,967
0.0
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Blackstone Minerals Limited's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Blackstone Minerals Limited is in AU, which has a very high grid carbon intensity relative to other regions.

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.

Blackstone Minerals Limited 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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