Lundin Mining Corporation, commonly referred to as Lundin Mining, is a prominent player in the copper ores and concentrates industry. Headquartered in Vancouver, Canada, the company operates across several key regions, including North America, South America, and Europe, reflecting its diverse global footprint. Founded in 2005, Lundin Mining has established a strong reputation for its focus on copper and zinc mining, with a portfolio of high-quality assets.
The company’s core products—copper concentrates and associated metals—are distinguished by their high purity and efficient extraction processes. Lundin Mining’s strategic approach and operational expertise have positioned it as a significant contributor within the base metals sector, earning recognition for its sustainable practices and consistent market performance.
+36 vs industry average
Lundin Mining’s score of 59 is higher than 84% 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
Copper Mining is among the most carbon-intensive industries
Industry performance
The Copper Mining industry has reduced its overall emissions by 45% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Lundin Mining's reported carbon emissions
Lundin Mining, a Canadian company operating in the copper ores and concentrates industry, reported a total of approximately 2.75 billion kg CO2e in emissions for 2025. This figure encompasses Scope 1, 2, and 3 emissions. Specifically, for 2025, Scope 1 emissions were approximately 614.7 million kg CO2e, Scope 2 market-based emissions were approximately 88.5 million kg CO2e, and Scope 3 emissions totalled approximately 1.44 billion kg CO2e.
In 2024, Lundin Mining reported Scope 1 emissions of approximately 671.8 million kg CO2e. Scope 2 market-based emissions were approximately 482.1 million kg CO2e, with location-based Scope 2 emissions at approximately 884.3 million kg CO2e. Scope 3 emissions for 2024 were substantial, with purchased goods and services accounting for the largest portion at approximately 1.34 trillion kg CO2e, followed by processing of sold products at approximately 201.3 billion kg CO2e, and fuel and energy-related activities at approximately 215.7 billion kg CO2e.
For 2023, Scope 1 emissions were approximately 680 million kg CO2e, and Scope 2 market-based emissions were approximately 700 million kg CO2e. Similar to 2024, Scope 3 emissions were significant, with purchased goods and services being the largest contributor at approximately 1.34 trillion kg CO2e, and processing of sold products at approximately 201.3 billion kg CO2e.
Lundin Mining has committed to reducing its absolute Scope 1 and Scope 2 (market-based) emissions by 35% by 2030, compared to an adjusted 2019 baseline. This target applies to its portfolio of operations as they existed at the end of 2019. This commitment has been reiterated across various reports and presentations, underscoring its importance to the company's climate strategy.
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Lundin Mining’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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
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Emissions comparison with industry peers
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Lundin Mining
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