- Potential climate-related physical risks (higher temperatures, extreme precipitation) and transition risks (fuel price volatility, GHG emission pricing).
- Procedural error resulting in a single contravention of EPBC conditions of approval (no environmental impact).
Arafura Rare Earths Limited
Greenhouse gas emissions & sustainability report data
In its 2023-07 to 2024-06 reporting, Arafura Rare Earths Limited disclosed greenhouse gas emissions of 591 tCO2e/year (Scope 1 & 2). By scope: Scope 1: 548 tCO2e/year; Scope 2: 43 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
591 tCO2e/year (Scope 1 & 2)
2023-07 to 2024-06
Water Usage
7.3 ML/year
2023-07 to 2024-06
Energy Use
81.6K kWh/year
2023-07 to 2024-06
📊 Emissions by Scope (2023-07 to 2024-06)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 548 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 43 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-07 to 2024-06 | 591 tCO2e/year (Scope 1 & 2) |
| 2022-07 to 2023-06 | 722 tCO2e/year (Scope 1 & 2) |
| 2021-07 to 2022-06 | 69 tCO2e (Scope 1 and 2 for existing operations); Projected LOM emissions (without reduction technologies): 7181 kt CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Developed an Environmental and Social Management System (ESMS) aligning with EP4 Equator Principles IV, IFC Performance Standards, and AS/NZS ISO14001:2015.
- Completed Environmental and Social Due Diligence (ESDD) on the Nolans Project against IFC Performance Standards, EP4 Equator Principles IV, and GISTM.
- Received Board approval for the Environmental and Social Action Plan (ESAP) to address gaps identified in the ESDD.
- Federal Government approval of Water Abstraction Management Plan (WAMP).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Complete implementation of the ESAP.
- Secure equity funding and make a final investment decision for Nolans.
📅 Medium-term
- Achieve net zero emissions by 2050 (target year).
🔭 Long-term
- Achieve net zero emissions by 2050.
🌱 ESG Focus Areas
Climate ChangeEnvironmental ManagementHealth and SafetyResponsible Business PracticesPeople and CultureSupply ChainStakeholders & CommunitiesIndigenous Partnerships