Mineral Resources
Mineral Resources Limited, commonly referred to as MinRes, is a prominent player in the chemical and fertilizer minerals sector, headquartered in Australia. Established in 1993, the company has carved a niche in the mining and quarrying of salt and other mineral products, focusing on sustainable practices and innovative solutions.
With operations primarily in Western Australia, Mineral Resources excels in the extraction and processing of high-quality minerals, including lithium, iron ore, and salt. Their commitment to operational excellence and environmental stewardship has positioned them as a leader in the industry.
Notable achievements include significant contributions to the lithium market, supporting the growing demand for sustainable energy solutions. Mineral Resources continues to expand its portfolio, ensuring a robust market presence while delivering unique products that meet the evolving needs of its customers.
-5 vs industry average
Mineral Resources’s score of 13 is lower than 40% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Salt and Mineral Mining has above-average carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 66% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Mineral Resources's reported carbon emissions
Mineral Resources (AU), operating in the chemical and fertilizer minerals, salt, and other mining and quarrying products sector, reported a Scope 1 emission total of approximately 373,461,000 kg CO2e for the year 2023. Scope 2 emissions for the same year were approximately 3,490,000 kg CO2e. In 2022, the company's Scope 1 emissions were around 337,489,000 kg CO2e, with Scope 2 emissions at approximately 3,026,000 kg CO2e. For 2021, Mineral Resources reported Scope 1 emissions of approximately 296,343,000 kg CO2e and Scope 2 emissions of about 1,993,000 kg CO2e. Prior to this, in 2020, total emissions were approximately 224,895,000 kg CO2e, comprising Scope 1 emissions of about 222,978,000 kg CO2e and Scope 2 emissions of approximately 1,917,000 kg CO2e. Mineral Resources has set near-term targets to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of this decade. These targets are applicable from 2023 to 2025. The company's emissions data for 2024 and 2025 is not available, with current reports indicating "no disclosed data" and highlighting the absence of Scope 3 emissions reporting. The company's intensity figures for Scope 1 and 2 mining emissions range from approximately 2,300 to 3,710 tonnes CO2e per tonne, depending on the reporting year and specific source.
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Mineral Resources’s Climate Goals (2030 & 2050)
2 goals2025
We aim to reduce our Scope 1 emissions to near zero by the m…
We aim to reduce our Scope 1 emissions to near zero by the middle of this decade.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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