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.
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.
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.
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.
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.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 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 | - | - | - | - | - |
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.