Syrah Resources Limited, commonly referred to as Syrah, is an Australian-based company headquartered in Brisbane, Queensland. Founded in 2010, Syrah has established itself as a key player in the mining and resources industry, primarily focusing on the production of natural graphite. The company operates significant projects in Mozambique, where it has developed one of the largest graphite mines globally. Syrah's core product, high-quality natural graphite, is essential for various applications, including battery production and industrial uses, setting it apart in a competitive market. The company has achieved notable milestones, including the successful commissioning of its Balama Graphite Project, which has positioned Syrah as a leading supplier in the rapidly growing battery materials sector. With a commitment to sustainable practices and innovation, Syrah Resources Limited continues to enhance its market position and contribute to the evolving landscape of the resources industry.
How does Syrah 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.
Mean score of companies in the Lead, Zinc, and Tin Processing 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.
Syrah Resources Limited's score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Syrah Resources Limited reported total emissions of approximately 4,955,000 kg CO2e for Scope 1 and 2 emissions in Mozambique. This represents a significant reduction from the previous year's total of about 13,808,000 kg CO2e in 2023. The company has not disclosed any Scope 3 emissions data. For the global operations in 2023, Syrah Resources did not provide specific emissions figures, but noted an emissions intensity rate of about 4,300 kg CO2e per tonne. In 2022, the emissions intensity rate was approximately 3,100 kg CO2e per tonne, indicating a potential improvement in operational efficiency over the years. Despite these figures, Syrah Resources has not set any specific reduction targets or climate pledges, nor have they cascaded any targets from parent or related organizations. The absence of formal commitments suggests a need for further development in their climate strategy. Overall, while Syrah Resources Limited has made strides in reducing its emissions, particularly in Mozambique, the lack of comprehensive climate commitments and targets may limit its long-term sustainability efforts.
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.
Syrah Resources Limited 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.