Mineral Resources
Mineral Resources Limited, commonly referred to as MinRes, is a leading Australian mining services and processing company headquartered in Perth, Western Australia. Founded in 1993, MinRes has established itself as a key player in the mining industry, focusing on the extraction and processing of iron ore and lithium, among other minerals. With operations primarily in Western Australia, the company has achieved significant milestones, including the development of innovative mining solutions and a strong commitment to sustainability. MinRes is renowned for its unique integrated business model, which combines mining, processing, and logistics, ensuring efficiency and cost-effectiveness. As a prominent market contender, Mineral Resources has garnered recognition for its operational excellence and strategic partnerships, positioning itself as a trusted name in the resource sector.
DitchCarbon Score
How does Mineral Resources'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.
Industry Average
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.
Industry Benchmark
Mineral Resources's score of 22 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mineral Resources's reported carbon emissions
In 2023, Mineral Resources, headquartered in Australia, reported total carbon emissions of approximately 376,951,000 kg CO2e, comprising 373,461,000 kg CO2e from Scope 1 and 3,490,000 kg CO2e from Scope 2 emissions. This marks a notable increase from 2022, when total emissions were about 340,515,000 kg CO2e, with Scope 1 emissions at 337,489,000 kg CO2e and Scope 2 emissions at 3,026,000 kg CO2e. The company has set ambitious near-term targets to reduce its emissions to near zero by 2025 for both Scope 1 and Scope 2 emissions. These commitments reflect a proactive approach to climate action, aiming to significantly lower their carbon footprint in the coming years. Mineral Resources has not disclosed any Scope 3 emissions data, indicating a focus on direct operational emissions and energy-related emissions. The company’s carbon intensity has been reported at approximately 3,000 kg CO2e per tonne of production in 2023, up from 2,500 kg CO2e per tonne in 2022. Overall, Mineral Resources is actively working towards substantial emissions reductions, aligning with industry standards for climate commitments.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 84,743,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 2,391,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Mineral Resources is not participating in any 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.
