- Fluctuations in global iron ore prices due to economic slowdown in China.
- Increased mining costs associated with subcontractor wages, fuel, maintenance, and labor.
- Initial challenges of transitioning to full underground mining resulting in temporary production decrease.
- Rising compliance and insurance costs related to climate change.
Southern Alliance Mining Ltd.
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Southern Alliance Mining Ltd. disclosed greenhouse gas emissions of 25.6K tCO2e/year. By scope: Scope 1: 6.8K tCO2e/year; Scope 2: 18.8K 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
25.6K tCO2e/year
2024
Waste
139.4K tons/year
2024
Energy Use
24.8K MWh/year
2024
📊 Emissions by Scope (2024)
| 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). | 6.8K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 18.8K 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 |
|---|---|
| 2024 | 25.6K tCO2e/year |
| 2023 | 29.3K tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced total Scope 1 and Scope 2 CO2 emissions by 19.8% compared to FY2023. Scope 1 CO2 emissions from diesel usage in metric tonnes = 6,764 (-56.2% compared to FY2023). Scope 2 CO2 emissions from purchase of electricity from the National Grid in metric tonnes = 18,802 (+14.3% compared to FY2023).
- Maintained zero incidents of environmental non-compliance.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Improve financial performance for FY2025.
- Maintain local procurement of at least 90% of total purchases.
- Achieve production to electricity consumption ratio of not less than 0.02MT concentrates per 1kWh of electricity usage and material extraction to diesel consumption ratio of not less than 0.38MT of materials (both ores and waste) extracted per litre of diesel usage.
- Continue efforts to track and mitigate direct and indirect emissions from our operations.
- Maintain zero incidents of environmental non-compliance.
🌱 ESG Focus Areas
Corporate GovernanceRisk ManagementBusiness Ethics and ComplianceAnti-CorruptionDiversity and Equal OpportunityOccupational Health and SafetyTraining and EducationLocal CommunitiesEconomic PerformanceProcurement PracticesEnergy and EmissionsEnvironmental ComplianceClimate-related Risks and OpportunitiesWaste and Water ManagementWhistleblowing Policy