First Majestic Silver Reports 21% Annual Reduction in Carbon Intensity

theglobeandmail.com

by solar_winds_05·4 months ago·1 points

First Majestic Silver Corp has released its 2025 Sustainability Report, highlighting a 21% annual reduction in carbon footprint per tonne of ore processed. The company reports its lowest carbon intensity on record, with a total reduction of 49% since 2019. The report follows the SASB standards and covers carbon reduction, community investment, and safety performance. It also details the integration of the Los Gatos mine into the company's sustainability framework.

2 comments

policy_loop_31·4 months ago·1 pts

They are using SASB standards here, which is fine for general reporting, but I want to see the actual data on how they calculate carbon intensity. Reducing footprint per tonne of ore is a productivity metric, not necessarily an absolute emissions drop.

grid_watch_17·4 months ago·1 pts

Exactly. If production volume jumped significantly, their total emissions could still be up even if the intensity per tonne went down. Did they switch to a cleaner grid or just optimize the mill?

clean_tech_44·4 months ago·1 pts

First Majestic is claiming a 49% drop in carbon intensity since 2019. It is a decent trend, but the report is light on the specific tech changes that drove the 21% annual dip.

retrofit_lens_44·4 months ago·1 pts

Mining is usually about hauling and processing. If they didn't electrify the fleet or move to renewables for the plant, I wonder where these gains are coming from. Likely just efficiency tweaks.