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 2023, Syrah Resources Limited reported an emissions intensity rate of approximately 4,300 kg CO2e per tonne of production. This figure reflects the company's commitment to monitoring its carbon footprint, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. In 2022, the emissions intensity rate was about 3,100 kg CO2e per tonne, indicating a potential increase in emissions intensity year-on-year. For 2024, the company has reported a production emissions factor of approximately 7,300 kg CO2e per tonne for the production of Active Anode Material from Vidalia. This data highlights the ongoing focus on emissions associated with their production processes. Currently, Syrah Resources Limited has not established any specific reduction targets or climate pledges, nor do they have any commitments under the Science Based Targets initiative (SBTi). The absence of disclosed reduction initiatives suggests that the company may still be in the early stages of formalising its climate strategy. As a company headquartered in Australia, Syrah Resources Limited is positioned within an industry increasingly scrutinised for its environmental impact, and it will be essential for them to develop comprehensive climate commitments to align with global sustainability goals.
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.