Lynas Rare Earths Limited, commonly referred to as Lynas, is a leading player in the rare earths industry, headquartered in Malaysia. Founded in 1983, the company has established itself as a key supplier of high-quality rare earth materials, primarily serving the growing demand in sectors such as electronics, renewable energy, and automotive industries. With major operational regions in Australia and Malaysia, Lynas is renowned for its unique processing capabilities, particularly in the extraction of neodymium and praseodymium, essential for manufacturing powerful magnets. The company has achieved significant milestones, including becoming one of the largest rare earth producers outside of China, positioning itself as a critical contributor to the global supply chain. Lynas continues to innovate and expand, solidifying its market position through sustainable practices and a commitment to responsible sourcing.
How does Lynas Rare Earths'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.
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.
Lynas Rare Earths's score of 34 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Lynas Rare Earths, headquartered in Malaysia (MY), reported total carbon emissions of approximately 69,046,000 kg CO2e for Scope 1 and about 42,592,000 kg CO2e for Scope 2. This follows a similar trend in 2023, where emissions were approximately 82,266,000 kg CO2e for Scope 1 and about 43,580,000 kg CO2e for Scope 2. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Notably, there are no reported Scope 3 emissions, indicating a focus on direct and indirect emissions from owned or controlled sources and purchased electricity. Lynas Rare Earths has not inherited emissions data from any parent company, and all reported figures are derived directly from its own disclosures. The company continues to engage in sustainability practices, but further details on specific climate pledges or reduction initiatives remain unspecified.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 10,510,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - | - | - | - | - | - |
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.
Lynas Rare Earths is participating in some 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.