Public Profile

Neometals

Neometals Ltd, commonly referred to as Neometals, is an innovative Australian company headquartered in Perth, with significant operations in various regions, including Europe and North America. Founded in 2005, Neometals has established itself in the resource and recycling industry, focusing on sustainable solutions for battery materials and lithium extraction. The company is renowned for its unique hydrometallurgical processes, which enable the efficient recovery of valuable metals from lithium-ion batteries and other sources. Neometals' core products include lithium hydroxide and nickel, positioning it as a key player in the transition to a circular economy. With notable achievements in project development and partnerships, Neometals continues to enhance its market position, driving advancements in sustainable resource management.

DitchCarbon Score

How does Neometals'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.

11

Industry Average

Mean score of companies in the Copper Products 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.

13

Industry Benchmark

Neometals's score of 11 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

Neometals's reported carbon emissions

In 2023, Neometals reported total carbon emissions of approximately 384,000 tonnes CO2e globally, comprising about 130,000 tonnes CO2e from Scope 1 emissions and around 254,000 tonnes CO2e from Scope 2 emissions. This marks a notable increase from 2022, where total emissions were about 303,000 tonnes CO2e, with Scope 1 at 62,000 tonnes CO2e and Scope 2 at 241,000 tonnes CO2e. In 2021, Neometals achieved total emissions of approximately 254,000 tonnes CO2e globally, with Scope 1 emissions at 150,000 tonnes CO2e and Scope 2 at 104,000 tonnes CO2e. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been detailed in the available data. For 2024, Neometals anticipates a reduction in emissions, projecting total Scope 1 and 2 emissions to be around 102,000 tonnes CO2e, with Scope 1 at 25,000 tonnes CO2e and Scope 2 at 77,000 tonnes CO2e. This indicates a proactive approach towards minimising their environmental impact, aligning with industry standards for climate action. Overall, while Neometals has made strides in tracking and reporting emissions, further clarity on specific reduction targets and initiatives would enhance their climate commitment narrative.

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Add to project
2020
2021
2022
2023
2024
Scope 1
89,000
000,000
00,000
000,000
00,000
Scope 2
290,000
000,000
000,000
000,000
00,000
Scope 3
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Neometals's primary industry is Copper products, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Neometals is headquartered in AU, which has a rank of very high, indicating very high grid carbon 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.

Neometals 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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