Neometals
Neometals Ltd, an innovative leader in the resource recovery and sustainable materials sector, is headquartered in Australia. Founded in 2005, the company has established a strong presence in the lithium and battery recycling industries, focusing on the development of advanced technologies for resource recovery. With operations primarily in Australia and strategic partnerships globally, Neometals is renowned for its unique hydrometallurgical processes that enhance the recycling of lithium-ion batteries and other critical minerals. The company’s commitment to sustainability and circular economy principles positions it as a key player in the transition to a greener future. Notable achievements include successful pilot projects and collaborations that underscore its market leadership in sustainable resource management. Neometals continues to drive innovation, making significant strides in the evolving landscape of clean technology and resource efficiency.
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.
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.
Industry Benchmark
Neometals's score of 11 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Neometals's reported carbon emissions
In 2023, Neometals reported total carbon emissions of approximately 192,000 kg CO2e in Australia. Globally, their emissions included 130,000 kg CO2e from Scope 1 and 254,000 kg CO2e from Scope 2, resulting in a combined total of about 384,000 kg CO2e. This marks a significant increase from their 2022 global emissions of approximately 303,000 kg CO2e, which included 62,000 kg CO2e from Scope 1 and 241,000 kg CO2e from Scope 2. Neometals has not disclosed specific reduction targets or initiatives in their sustainability report, indicating a lack of formal commitments to reduce emissions at this time. The absence of Science-Based Targets Initiative (SBTi) reduction targets further highlights the need for clearer climate commitments. As the company continues to operate in the resource sector, addressing carbon emissions will be crucial for aligning with global climate goals.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 89,000 | 000,000 | 00,000 | 000,000 |
| Scope 2 | 290,000 | 000,000 | 000,000 | 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.
Neometals 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.
