Bushveld Minerals
Bushveld Minerals Limited, a prominent player in the mining and minerals sector, is headquartered in South Africa (ZA) and primarily operates in the Bushveld Complex, a rich geological formation known for its vast mineral resources. Founded in 2012, the company has rapidly established itself as a leader in the production of vanadium, a critical component in steel manufacturing and energy storage solutions.
Bushveld Minerals focuses on the extraction and processing of vanadium, with its flagship asset being the Vametco mine and processing facility. The company is distinguished by its commitment to sustainable practices and its strategic approach to resource management. With a strong market position, Bushveld Minerals has achieved significant milestones, including becoming one of the largest producers of vanadium globally, thereby contributing to the growing demand for renewable energy technologies.
-11 vs industry average
Bushveld Minerals’s score of 7 is lower than 12% 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
Salt and Mineral Mining has above-average carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 66% since 2019
Emissions trajectory 2020 – 2022
Reported emissions
Scope 3 accounts for ••• of total emissions.
Bushveld Minerals's reported carbon emissions
In 2022, Bushveld Minerals reported total greenhouse gas emissions of approximately 147 million kg CO2e. The company has set ambitious climate commitments, aiming for net zero emissions by 2050, with specific targets to reduce Scope 1 and 2 emissions. They plan to achieve a 27% reduction in absolute greenhouse gas emissions and a 60% reduction in emissions intensity from a 2019 baseline by 2030. While detailed emissions data for 2023 and 2024 is not disclosed, the company has indicated a Scope 1 and 2 greenhouse gas emissions intensity of about 145,000 kg CO2e per tonne for 2023 and 133,000 kg CO2e per tonne for 2024. Bushveld Minerals is committed to transparency in its climate strategy, although it currently lacks specific Scope 3 emissions data. These initiatives reflect the company's dedication to sustainability and its proactive approach to addressing climate change within the mining industry, headquartered in South Africa (ZA).
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Bushveld Minerals’s Climate Goals (2030 & 2050)
4 goals2030
60% reduction in Scope 2
Reduce absolute GHG emissions by 27% overall and GHG emissions intensity by 60% from a 2019 baseline.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Bushveld Minerals
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