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 8 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Syrah Resources Limited reported carbon emissions of approximately 13,808,000 kg CO2e, primarily from Scope 1 emissions, with no reported Scope 2 emissions. This represents an increase from 2022, where emissions were about 11,464,000 kg CO2e. However, a significant reduction was achieved in 2024, with emissions dropping to approximately 4,955,000 kg CO2e, indicating a substantial decrease in their carbon footprint. Despite these fluctuations, Syrah Resources has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company’s emissions intensity rate also reflects a notable change, with values of 4,300 kg CO2e per tonne in 2023 and 7,300 kg CO2e per tonne in 2024, suggesting ongoing efforts to improve efficiency. Overall, while Syrah Resources Limited has demonstrated a capacity for significant emissions reduction, further clarity on their long-term climate commitments and strategies would enhance their sustainability profile.
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Get Started2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 11,464,000 | 00,000,000 | 0,000,000 |
Scope 2 | - | - | - |
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.
Syrah 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.