Lynas Rare Earths Ltd 2024 SR
The report for the 2024 financial year highlights Lynas Rare Earths' progress as a responsible producer of separated rare earth materials. Key achievements include the commencement of production at the new Kalgoorlie Rare Earths Processing Facility and the signing of contracts for a 65MW hybrid renewable power station at the Mt Weld mine, which is expected to reduce GHG emissions by 60,000t CO2e annually. The company maintained a strong safety record with a decrease in the lost time injury frequency rate to 1.04. Lynas also focused on diversity, reporting 33.3% women on the Board and 25% in senior executive positions. Environmental efforts included achieving a 29% water recycling rate at Mt Weld and progressing the construction of a Permanent Disposal Facility in Malaysia.
Company: Lynas Rare Earths Ltd
Sector: Materials
Country: Australia
Year: 2024
Type: SR
Pages: 54
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Lynas Rare Earths Ltd
ESG Report
The report for the 2024 financial year highlights Lynas Rare Earths' progress as a responsible producer of separated rare earth materials. Key achievements include the commencement of production at the new Kalgoorlie Rare Earths Processing Facility and the signing of contracts for a 65MW hybrid renewable power station at the Mt Weld mine, which is expected to reduce GHG emissions by 60,000t CO2e annually. The company maintained a strong safety record with a decrease in the lost time injury frequency rate to 1.04. Lynas also focused on diversity, reporting 33.3% women on the Board and 25% in senior executive positions. Environmental efforts included achieving a 29% water recycling rate at Mt Weld and progressing the construction of a Permanent Disposal Facility in Malaysia.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees