NiCo Resources Limited
NiCo Resources Limited, headquartered in Australia, is a prominent player in the mining and resource sector, specialising in the exploration and development of nickel and cobalt projects. Founded in 2017, the company has quickly established itself with significant operations in key regions known for their rich mineral deposits. The firm focuses on producing high-quality nickel and cobalt, essential components in the battery manufacturing industry, particularly for electric vehicles. NiCo Resources is distinguished by its commitment to sustainable practices and innovative extraction techniques, which enhance both efficiency and environmental responsibility. With a strong market position, NiCo Resources Limited has achieved notable milestones, including successful exploration initiatives and strategic partnerships that bolster its growth trajectory. As the demand for battery metals continues to rise, NiCo Resources is well-positioned to contribute to the evolving landscape of renewable energy solutions.
DitchCarbon Score
How does NiCo Resources Limited'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 Research Services 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
NiCo Resources Limited's score of 34 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
NiCo Resources Limited's reported carbon emissions
In 2023, NiCo Resources Limited reported total carbon emissions of approximately 19,000,255 kg CO2e, comprising 3,924,747 kg CO2e from Scope 1, 4,199,229 kg CO2e from Scope 2, and 14,427,279 kg CO2e from Scope 3 emissions. This marked a significant increase in emissions compared to 2022, where total emissions were about 11,591,882 kg CO2e across all scopes. The company has not disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. However, it is important to note that NiCo Resources Limited is actively engaged in various production processes, including low CO2 nickel concentrate and partially decarbonised nickel sulfate, which may contribute to their overall emissions profile. As of 2024, the company anticipates a substantial increase in Scope 1 emissions, projected at approximately 462,200,000 kg CO2e. This indicates a need for enhanced climate commitments and strategies to manage and mitigate their carbon emissions effectively. Overall, while NiCo Resources Limited has not set formal reduction targets, the significant emissions data highlights the importance of developing robust climate strategies to address their environmental impact.
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Add to project| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 11,591,882 | 0,000,000 | 000,000,000 |
| Scope 2 | 11,591,882 | 0,000,000 | - |
| Scope 3 | 11,591,882 | 00,000,000 | - |
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.
NiCo Resources Limited 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.
