Galaxy Resources Limited, commonly referred to as Galaxy Resources, is a leading player in the lithium industry, headquartered in Australia. Established in 1996, the company has made significant strides in the extraction and production of lithium hydroxide and lithium carbonate, essential components for electric vehicle batteries and renewable energy storage solutions. With major operations in Australia and Canada, Galaxy Resources is renowned for its commitment to sustainable mining practices and innovative processing techniques. The company’s flagship projects, including the Sal de Vida lithium brine project in Argentina, highlight its strategic focus on high-quality lithium production. Recognised for its strong market position, Galaxy Resources has achieved notable milestones, including successful partnerships and expansions that bolster its reputation as a reliable supplier in the rapidly growing electric vehicle market.
How does Galaxy Resources'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 Salt and Mineral Mining 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.
Galaxy Resources's score of 34 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, Galaxy Resources, headquartered in Australia, reported significant carbon emissions, totalling approximately 27,375,900 kg CO2e, which includes 27,307,000 kg CO2e from Scope 1 and 68,900 kg CO2e from Scope 2 emissions. This data reflects their operational impact within the Australian region. Galaxy Resources has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 50% by 2030, using 2023 as the baseline year. This commitment is part of their broader strategy to enhance the use of sustainable energy, which is expected to lower production costs while contributing to the decarbonisation of their operations. The emissions data for Galaxy Resources is cascaded from its parent company, Galaxy Resources Limited, which is part of a corporate family that includes Arcadium Lithium plc and Rio Tinto Group. This relationship influences their sustainability initiatives and reporting practices. Overall, Galaxy Resources is actively working towards reducing its carbon footprint and aligning with industry standards for climate action, demonstrating a commitment to environmental responsibility in the mining sector.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | |
---|---|---|
Scope 1 | 36,209,000 | 00,000,000 |
Scope 2 | 142,000 | 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.
Galaxy Resources 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.