Lepidico Ltd, commonly referred to as Lepidico, is an innovative Australian company headquartered in Perth, Western Australia. Founded in 2016, Lepidico operates primarily in the lithium industry, focusing on the development of sustainable lithium hydroxide production from lithium mica. The company has made significant strides in advancing its proprietary L-Max® and LOH-Max® technologies, which enable the efficient extraction of lithium from hard rock sources. With a commitment to environmentally responsible practices, Lepidico aims to position itself as a leader in the global lithium supply chain. The company has achieved notable milestones, including the successful completion of pilot plant operations, which underscore its potential to meet the growing demand for lithium in electric vehicle batteries and renewable energy storage. As the market for lithium continues to expand, Lepidico's unique approach and innovative solutions set it apart in a competitive landscape.
How does Lepidico'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.
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Lepidico's score of 27 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Lepidico reported total carbon emissions of approximately 50,955,000 kg CO2e for Scope 1, 9,692,000 kg CO2e for Scope 2, and 18,074,000 kg CO2e for Scope 3 emissions. The Scope 1 and 2 emissions intensity from their Abu Dhabi chemical conversion plant was estimated at about 7.46 tonnes CO2e per tonne of lithium hydroxide produced. Additionally, the upstream mining and mineral concentration at Karibib had an emissions intensity of approximately 0.13 tonnes CO2e per tonne of concentrate. For 2023, while specific emissions data is not available, Lepidico has indicated a GHG emissions intensity of about 12,570 kg CO2e per unit of lithium produced. Currently, Lepidico has not set any formal reduction targets or climate pledges, indicating a potential area for future commitment in their sustainability strategy. The company is headquartered in Australia and is actively engaged in addressing its carbon footprint within the lithium production industry.
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2021 | 2022 | |
---|---|---|
Scope 1 | 50,955,000 | 00,000,000 |
Scope 2 | 9,692,000 | 0,000,000 |
Scope 3 | 18,074,000 | 00,000,000 |
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.
Lepidico is not committed to any reduction initiatives 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.