Mineral Resources
Mineral Resources Limited, commonly referred to as MinRes, is a prominent player in the chemical and fertilizer minerals sector, headquartered in Australia. Established in 1993, the company has carved a niche in the mining and quarrying of salt and other mineral products, focusing on sustainable practices and innovative solutions.
With operations primarily in Western Australia, Mineral Resources excels in the extraction and processing of high-quality minerals, including lithium, iron ore, and salt. Their commitment to operational excellence and environmental stewardship has positioned them as a leader in the industry.
Notable achievements include significant contributions to the lithium market, supporting the growing demand for sustainable energy solutions. Mineral Resources continues to expand its portfolio, ensuring a robust market presence while delivering unique products that meet the evolving needs of its customers.
-3 vs industry average
Mineral Resources’s score of 15 is lower than 43% 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 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Mineral Resources's reported carbon emissions
Mineral Resources (AU) is committed to reducing its environmental impact within the chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c. industry. While specific consolidated emissions data for all scopes is not readily available, the company has set ambitious near-term targets to achieve near-zero Scope 1 and Scope 2 emissions by the middle of this decade, aiming for this by 2025.
In the reporting year ending in 2023, Mineral Resources reported Scope 1 emissions of approximately 373,461,000 kg CO2e and Scope 2 emissions of approximately 3,490,000 kg CO2e. This marks a significant increase from previous years, with Scope 1 emissions rising from approximately 337,489,000 kg CO2e in 2022 and Scope 2 emissions from approximately 3,026,000 kg CO2e in 2022. In 2021, Scope 1 emissions were reported at approximately 296,343,000 kg CO2e and Scope 2 at approximately 1,993,000 kg CO2e. Prior to that, in 2020, total emissions (Scope 1 and 2 combined) were approximately 224,895,000 kg CO2e, with Scope 1 at roughly 222,978,000 kg CO2e and Scope 2 at approximately 1,917,000 kg CO2e. In 2019, total emissions were approximately 220,805,000 kg CO2e, comprising Scope 1 of about 218,432,000 kg CO2e and Scope 2 of approximately 2,373,000 kg CO2e. Emissions data for 2018 stood at approximately 217,948,000 kg CO2e (Scope 1: 215,726,000 kg CO2e, Scope 2: 2,222,000 kg CO2e). In 2017, total emissions were approximately 184,482,000 kg CO2e (Scope 1: 181,475,000 kg CO2e, Scope 2: 3,007,000 kg CO2e), and in 2016, total emissions were around 110,325,000 kg CO2e (Scope 1: 108,427,000 kg CO2e, Scope 2: 1,898,000 kg CO2e). For 2015, the company reported Scope 1 emissions of approximately 84,743,000 kg CO2e and Scope 2 emissions of approximately 2,391,000 kg CO2e.
The company's sustainability reporting indicates that Scope 3 emissions data, specifically for purchased goods and services, is currently unavailable. Mineral Resources also reports production emission intensities, such as "Scope 1 and 2 mining emissions intensity" for 2024 at 3,710 tonne CO2e per tonne and for 2025 at 2,960 tonne CO2e per tonne. Previous intensity figures include 3,000 tonne CO2e per tonne in 2023, 2,500 tonne CO2e per tonne in 2022, 2,300 tonne CO2e per tonne in 2021, and 2,390 tonne CO2e per tonne in 2020.
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Mineral Resources’s Climate Goals (2030 & 2050)
2 goals2025
We aim to reduce our Scope 1 emissions to near zero by the m…
We aim to reduce our Scope 1 emissions to near zero by the middle of this decade.
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.
See all 2 climate goals
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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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