The fourth (2025 Q2) edition of the SDQ explores the decarbonisation trends of nickel and lithium and provides a unique framework to assess progress made against decarbonisation targets by Albemarle (NYSE:ALB), Mineral Resources (ASX:MIN), Pilbara Minerals (ASX:PLS) and SQM (NYSE:SQM).

• EU Battery Passport proceeds unaffected by the EU Omnibus package. First set of requirements came into effect in February 2025, requiring companies selling EV batteries in the EU to provide a third-party verified carbon footprint declaration, which must be publicly accessible on the internet
• Lithium producers look to expand their production portfolios and secure purchase agreements with EV manufacturers. Three of four companies reviewed in this edition have set intensity-based targets to accommodate for growth
• Economics of renewable electricity continue to improve, particularly with battery costs trending down
• We review the pros and cons of generating renewable electricity on site, particularly in reference to IFRS’s requirement to report location-based Scope 2 emissions which generally do not reflect lower emissions from sleeved renewable PPAs

Annual subscriptions to the Skarn Decarbonisation Quarterly are available now

Subscription includes a 30 - 40 page report in addition to a comprehensive Excel dataset and quarterly webinar briefings.

For more information or to arrange a demo please contact Kate Cummings