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Mining for key energy-transition minerals is not a major source of global greenhouse gas emissions, ICMM research finds

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Mining for key energy-transition minerals is not a major source of global greenhouse gas emissions, ICMM research finds
Business

Business

Mining for key energy-transition minerals is not a major source of global greenhouse gas emissions, ICMM research finds

2026-03-10 18:00 Last Updated At:18:15

New global dataset puts mining and metals emissions in perspective as demand for energy transition minerals grows

LONDON, March 10, 2026 /PRNewswire/ -- Today, ICMM publishes its new Global Mining & Metals Greenhouse Gas (GHG) Emissions Dataset, alongside an insights report that provides the most comprehensive, up-to-date picture of how the mining and metals sector scope 1 and scope 2 emissions contribute to global GHG emissions[1].

Key findings:

  • Mining for minerals important for the green energy transition and sustainable development is not a major source of GHG emissions.
    - Non-coal mining represented just 0.54% of global GHG emissions in 2024.
    - By comparison, fugitive emissions from coal, which must be phased out to meet global climate goals, accounts for 2.46% of global GHG emissions.
  • In total, scope 1 and 2 emissions from mining (3%) and metal processing (8%) in 2024, position the sector as the sixth largest source of global GHG emissions, contributing less than the power generation, transport and agriculture sectors and about as much as all other industrial processing activities.
  • Steel and aluminium production, along with coal mining, were the largest sources of GHG emissions overall, together responsible for 93 per cent of sector scope 1 and 2 emissions in 2024.
  • Demand for steel and aluminium, which are important for infrastructure underpinning the green transition, is forecast to increase in the coming years
    - Decarbonising steelmaking and aluminium smelting represent the most significant opportunities for sector-level decarbonisation
  • Approximately 80% of the sector's global scope 1 and 2 emissions originate in Asia, reflecting both the concentration of primary mines and processing facilities for most global commodities in the region.

By combining facility-level data from 1,700 facilities across 14 commodities representing 87% of global production, and modelling emissions using regional commodity-level averages for the remaining (13%) production volume, the dataset captures an industry-wide total of scope 1 and 2 emissions in 2024. The dataset is designed for high–level sector and regional insights only and is not suitable for benchmarking companies or assets, or for assessing corporate progress against targets. In contrast to corporate-level data, this dataset offers an industry-wide picture, explores regional and commodity-specific emissions profiles and allows comparison of mining and metals GHG emissions with emissions from other major industries. The findings offer important context at a time when demand for minerals and metals is rising rapidly to support the global energy transition and the infrastructure and urbanisation needs of a growing population.

As the world progresses towards the goal of tripling renewable energy capacity by 2030, demand for minerals and metals is projected to grow significantly, reflecting the sector's essential role in building clean technologies. At the same time, producing these materials is energy-intensive, which means the mining and metals industry is both a contributor to GHG emissions and a key enabler of the energy transition. By publishing this dataset – the second in a planned series of data-backed reports - ICMM's intention is to strengthen our collective understanding of the mining and metals sector's contribution to GHG emissions and support informed decision-making for policymakers, investors and all relevant stakeholders.

Dr Emma Gagen, Director of Data and Research, ICMM: "Despite our sector's importance to the energy transition, up-to-date, publicly available and industry-wide data has been lacking, contributing to the circulation of misleading estimates. ICMM's Global Mining & Metals GHG Emissions Dataset provides data and data-driven insights to underpin more informed dialogue about the sector's contribution to global GHG emissions while providing the building blocks for sustainable development and the global energy transition.

"Like all large-scale datasets, this one will evolve, but establishing a transparent, industry-wide baseline is a necessary starting point. Inferred implications from the Dataset are provided separately from the data itself to allow others to be curious and make their own judgements. We invite all interested stakeholders to engage with the data, provide feedback or supplementary data to help improve its coverage, and collaborate with us further." 

Notes to editors

Like all large-scale datasets, the data has limitations based on boundaries we have set for quality control and will evolve through further collaborations. Certain refining stages (e.g., gold, silver, cobalt, platinum group metals, lead) and some gases (e.g., hydrofluorocarbons, SF₆) are excluded due to data limitations. See the Limitations section of our report for further information.

This Dataset and report are part of ICMM's wider Global Mining Data Project that aims to significantly improve the quality and accessibility of industry-wide information by building robust, transparent data that can inform policy and advance wider discussions about mining and metals' evolving role in sustainable development.

Methodology

To prepare the dataset we partnered with Wood Mackenzie who used a proprietary method aligned with the GHG Protocol to calculate facility-level emissions for approximately 1,700 facilities that they have sufficient information on and to model the emissions from the production gap not covered by facility-level information. For the facility-level emissions, data was not aggregated from public sources; it was calculated so as to ensure a consistent method across the dataset. This facility-level modelling approach is distinct from corporate GHG inventories prepared by individual mining companies under the GHG Protocol, which are compiled at the organisational level based on operational control and materiality, and for scope 2 emissions, typically determined using both location-based and market-based methods.

Wood Mackenzie calculated the coverage of their facility-level data by comparing production volumes from these facilities with global production volumes for each of the 14 commodities that are included in our analysis. Facility–level modelling covers ~87% of production for the 14 commodities; the remaining ~13% was approximated using regional commodity averages. Facility-level data will not be made public in the dataset or the report, as it is Wood Mackenzie's proprietary data. However, it was used to allow us to estimate scope 1 and 2 emissions for the missing global production volume that was not covered with their facility-level calculations.

Please see the Methodology section of the Report for further details. 

About ICMM

ICMM stands for mining with principles. We bring together a third of the global metals and mining industry, along with key partners to drive leadership, action and innovation for sustainable development, ultimately delivering a positive contribution to society. Through collaboration, ICMM member companies set the standard for responsibly produced minerals and metals in a safe, just and sustainable world.

[1] The dataset is a modelled, sector–level estimate, not an aggregation of company–reported inventories. It is not intended to infer corporate progress towards decarbonisation targets, or asset level performance.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Mining for key energy-transition minerals is not a major source of global greenhouse gas emissions, ICMM research finds

Mining for key energy-transition minerals is not a major source of global greenhouse gas emissions, ICMM research finds

SINGAPORE, March 10, 2026 /PRNewswire/ -- Banyan Tree, the flagship brand of Banyan Group ("Banyan Tree Holdings Limited" or the "Group" – SGX: B58) is expanding its global spa & wellbeing offerings with the next evolution of its signature Banyan Tree Connections programme. Following its successful launch in 2025, the programme now introduces Connections Retreats, immersive small-group wellbeing journeys designed to deepen personal reflection and shared experiences. The initiative will also expand the signature private programme to eight additional Banyan Tree destinations worldwide, alongside new visiting practitioner residencies and a global partnership with Manduka.

"For more than three decades, Banyan Tree has pioneered a holistic approach to wellbeing, where environments, rituals and traditions come together to nurture presence and personal renewal," said Paul Hawco, Executive Director, Integrated Wellbeing, Banyan Group. "Banyan Tree Connections was created in response to a growing longing for deeper human connection, and as the programme evolves, we are also enriching our spa and wellbeing experiences through thoughtfully curated gatherings, from immersive retreats and seasonal celebrations to expert-led workshops and meaningful collaborations. Guided by our 8 Pillars of Wellbeing philosophy, these programmes unfold across our Sanctuaries for the Senses worldwide, inviting guests to move, reflect, learn, and reconnect."

Introducing Connections Retreats

At the heart of the next phase of the brand's enhanced spa and wellbeing offerings is the launch of Connections Retreats, immersive multi-day wellbeing journeys designed for small groups seeking deeper personal reflection and shared experiences. Each retreat is shaped by the natural rhythms and cultural context of its destination, inviting guests to slow down and reconnect through guided practices such as mindfulness, movement, meditation and local rituals.  

Featured retreats in 2026 include:

  • Connections Retreat with Manduka ambassador Nicole Marty (21st to 25th May; Mamula Island by Banyan Tree in Montenegro) - A restorative retreat centred on deep connection with oneself, others, and nature. Set overlooking the tranquil waters of Boka Bay, the programme features grounding yoga, mindful movement, and moments of stillness guided by Paris-based Manduka ambassador Nicole Marty, whose teaching blends Hatha and Vinyasa with restorative practices, creating space for rest, renewal, and reflection.

  • Connections Retreat with Nadya Hutagalung (29th Oct to 2nd Nov 2026; Buahan, A Banyan Tree Escape in Bali) - Set within a lush jungle landscape and inspired by the Balinese philosophy of Tri Hita Karana, this retreat combines meditation, sound healing, mindful movement and reflective dialogue. Led by sustainability advocate Nadya Hutagalung, the experience explores reconnection with self, community and nature.

Global Expansion of Banyan Tree Connections Private Immersions for Two

The introduction of Connections Retreats follows the successful launch of Banyan Tree Connections, which was  introduced in 2025 as a private holistic wellbeing immersion for two. Available at Banyan Tree Anji in China, Banyan Tree Mayakoba in Mexico, Banyan Tree Phuket in Thailand, and Banyan Tree Vabbinfaru in the Maldives, the programme integrates movement, mindfulness and shared rituals to nurture both inner balance and relational harmony between partners, friends or family members.

The private immersion will expand to eight additional Banyan Tree destinations from May 2026, including Banyan Tree AlUla in Saudi Arabia, Banyan Tree Dubai in the United Arab Emirates, Banyan Tree Lang Co in Vietnam, Banyan Tree Nanjing Garden Expo in China, Banyan Tree Samui in Thailand, and in Indonesia, Banyan Tree Bintan and Buahan, A Banyan Tree Escape. It will also be available at Banyan Tree Guangzhou Jiulong Lake in China when the resort opens later this year.

Visiting Practitioner Residencies

Alongside these initiatives, Banyan Tree continues to expand its Visiting Practitioner Programme, welcoming internationally recognised wellbeing experts for limited-time residencies across selected destinations. These intimate sessions range from workshops and day retreats to bespoke private consultations, offering guests opportunities to engage with diverse healing modalities and global wellbeing expertise.

Upcoming programmes include:

  • Wellbeing with Vitality by Yuttana Poncharoen (Jimmy) (11th to 13th March; Banyan Tree Krabi) - Set amidst Krabi's tranquil natural surroundings, this residency draws on Jimmy's decades of teaching experience in Vinyasa yoga. Rooted in the philosophy of conscious flow, the sessions guide guests through thoughtfully sequenced practices that integrate movement, breath and awareness, cultivating resilience, clarity and a deeper connection with the restorative rhythms of nature.

  • Visiting Residency with Manduka ambassador Florence Piers (3rd to 24th August; Mamula Island by Banyan Tree) - A certified kinesiologist and yoga teacher trained in India, Florence Piers will lead a series of curated sessions designed to cultivate stillness, emotional resilience, and mindful self-awareness. Through Vinyasa, Gentle and Yin Yoga, alongside personalised private sessions, guests are invited to move, breathe and reconnect. Set against the serene rhythms of Mamula Island, each practice encourages presence, balance, and a gentle return to one's natural state of wellbeing.

Extending Banyan Tree's Wellbeing Ecosystem

Complementing these experiences, Banyan Tree has entered a global partnership with Manduka, the world's leading brand of performance yoga mats and accessories. Manduka's performance yoga equipment will be integrated across selected destinations, while Manduka-affiliated practitioners will lead selected retreats and Visiting Practitioner residencies, creating wellbeing journeys rooted in purpose, presence and meaningful connection.

Guests can also immerse themselves in restorative travel through Banyan Tree's Wellbeing Sanctuaries, dedicated room categories introduced across the brand's resorts around the world. These signature sanctuaries offer curated sleep rituals, nourishing cuisine and destination-inspired daily practices, alongside thoughtfully designed in-room amenities that encourage mindfulness and gentle movement.

For more information on upcoming retreats, visiting practitioner residencies and other spa & wellbeing experiences across Banyan Tree destinations, please visit www.banyantree.com/wellbeing-events

For high-resolution images, please download here

ABOUT BANYAN GROUP

Banyan Group ("Banyan Tree Holdings Limited" or the "Group" - SGX: B58) is an independent, global hospitality company with purpose. The Group prides itself on its pioneering spirit, design-led experiences and commitment to responsible stewardship. Its extensive portfolio spans 100 hotels and resorts, more than 140 spas and galleries, and 20 plus branded residences in over 20 countries. Comprising 12 global brands, including the flagship brand Banyan Tree, each distinct yet united under the experiential membership programme withBanyan. The founding ethos of "Embracing the Environment, Empowering People" is embodied through the Banyan Global Foundation and Banyan Academy. Banyan Group is committed to remaining the leading advocate of sustainable travel, with a focus on regenerative tourism and innovative programmes that elevate the guest experience.

 

SINGAPORE, March 10, 2026 /PRNewswire/ -- Banyan Tree, the flagship brand of Banyan Group ("Banyan Tree Holdings Limited" or the "Group" – SGX: B58) is expanding its global spa & wellbeing offerings with the next evolution of its signature Banyan Tree Connections programme. Following its successful launch in 2025, the programme now introduces Connections Retreats, immersive small-group wellbeing journeys designed to deepen personal reflection and shared experiences. The initiative will also expand the signature private programme to eight additional Banyan Tree destinations worldwide, alongside new visiting practitioner residencies and a global partnership with Manduka.

"For more than three decades, Banyan Tree has pioneered a holistic approach to wellbeing, where environments, rituals and traditions come together to nurture presence and personal renewal," said Paul Hawco, Executive Director, Integrated Wellbeing, Banyan Group. "Banyan Tree Connections was created in response to a growing longing for deeper human connection, and as the programme evolves, we are also enriching our spa and wellbeing experiences through thoughtfully curated gatherings, from immersive retreats and seasonal celebrations to expert-led workshops and meaningful collaborations. Guided by our 8 Pillars of Wellbeing philosophy, these programmes unfold across our Sanctuaries for the Senses worldwide, inviting guests to move, reflect, learn, and reconnect."

Introducing Connections Retreats

At the heart of the next phase of the brand's enhanced spa and wellbeing offerings is the launch of Connections Retreats, immersive multi-day wellbeing journeys designed for small groups seeking deeper personal reflection and shared experiences. Each retreat is shaped by the natural rhythms and cultural context of its destination, inviting guests to slow down and reconnect through guided practices such as mindfulness, movement, meditation and local rituals.  

Featured retreats in 2026 include:

  • Connections Retreat with Manduka ambassador Nicole Marty (21st to 25th May; Mamula Island by Banyan Tree in Montenegro) - A restorative retreat centred on deep connection with oneself, others, and nature. Set overlooking the tranquil waters of Boka Bay, the programme features grounding yoga, mindful movement, and moments of stillness guided by Paris-based Manduka ambassador Nicole Marty, whose teaching blends Hatha and Vinyasa with restorative practices, creating space for rest, renewal, and reflection.

  • Connections Retreat with Nadya Hutagalung (29th Oct to 2nd Nov 2026; Buahan, A Banyan Tree Escape in Bali) - Set within a lush jungle landscape and inspired by the Balinese philosophy of Tri Hita Karana, this retreat combines meditation, sound healing, mindful movement and reflective dialogue. Led by sustainability advocate Nadya Hutagalung, the experience explores reconnection with self, community and nature.

Global Expansion of Banyan Tree Connections Private Immersions for Two

The introduction of Connections Retreats follows the successful launch of Banyan Tree Connections, which was  introduced in 2025 as a private holistic wellbeing immersion for two. Available at Banyan Tree Anji in China, Banyan Tree Mayakoba in Mexico, Banyan Tree Phuket in Thailand, and Banyan Tree Vabbinfaru in the Maldives, the programme integrates movement, mindfulness and shared rituals to nurture both inner balance and relational harmony between partners, friends or family members.

The private immersion will expand to eight additional Banyan Tree destinations from May 2026, including Banyan Tree AlUla in Saudi Arabia, Banyan Tree Dubai in the United Arab Emirates, Banyan Tree Lang Co in Vietnam, Banyan Tree Nanjing Garden Expo in China, Banyan Tree Samui in Thailand, and in Indonesia, Banyan Tree Bintan and Buahan, A Banyan Tree Escape. It will also be available at Banyan Tree Guangzhou Jiulong Lake in China when the resort opens later this year.

Visiting Practitioner Residencies

Alongside these initiatives, Banyan Tree continues to expand its Visiting Practitioner Programme, welcoming internationally recognised wellbeing experts for limited-time residencies across selected destinations. These intimate sessions range from workshops and day retreats to bespoke private consultations, offering guests opportunities to engage with diverse healing modalities and global wellbeing expertise.

Upcoming programmes include:

  • Wellbeing with Vitality by Yuttana Poncharoen (Jimmy) (11th to 13th March; Banyan Tree Krabi) - Set amidst Krabi's tranquil natural surroundings, this residency draws on Jimmy's decades of teaching experience in Vinyasa yoga. Rooted in the philosophy of conscious flow, the sessions guide guests through thoughtfully sequenced practices that integrate movement, breath and awareness, cultivating resilience, clarity and a deeper connection with the restorative rhythms of nature.

  • Visiting Residency with Manduka ambassador Florence Piers (3rd to 24th August; Mamula Island by Banyan Tree) - A certified kinesiologist and yoga teacher trained in India, Florence Piers will lead a series of curated sessions designed to cultivate stillness, emotional resilience, and mindful self-awareness. Through Vinyasa, Gentle and Yin Yoga, alongside personalised private sessions, guests are invited to move, breathe and reconnect. Set against the serene rhythms of Mamula Island, each practice encourages presence, balance, and a gentle return to one's natural state of wellbeing.

Extending Banyan Tree's Wellbeing Ecosystem

Complementing these experiences, Banyan Tree has entered a global partnership with Manduka, the world's leading brand of performance yoga mats and accessories. Manduka's performance yoga equipment will be integrated across selected destinations, while Manduka-affiliated practitioners will lead selected retreats and Visiting Practitioner residencies, creating wellbeing journeys rooted in purpose, presence and meaningful connection.

Guests can also immerse themselves in restorative travel through Banyan Tree's Wellbeing Sanctuaries, dedicated room categories introduced across the brand's resorts around the world. These signature sanctuaries offer curated sleep rituals, nourishing cuisine and destination-inspired daily practices, alongside thoughtfully designed in-room amenities that encourage mindfulness and gentle movement.

For more information on upcoming retreats, visiting practitioner residencies and other spa & wellbeing experiences across Banyan Tree destinations, please visit www.banyantree.com/wellbeing-events

For high-resolution images, please download here

ABOUT BANYAN GROUP

Banyan Group ("Banyan Tree Holdings Limited" or the "Group" - SGX: B58) is an independent, global hospitality company with purpose. The Group prides itself on its pioneering spirit, design-led experiences and commitment to responsible stewardship. Its extensive portfolio spans 100 hotels and resorts, more than 140 spas and galleries, and 20 plus branded residences in over 20 countries. Comprising 12 global brands, including the flagship brand Banyan Tree, each distinct yet united under the experiential membership programme withBanyan. The founding ethos of "Embracing the Environment, Empowering People" is embodied through the Banyan Global Foundation and Banyan Academy. Banyan Group is committed to remaining the leading advocate of sustainable travel, with a focus on regenerative tourism and innovative programmes that elevate the guest experience.

 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Banyan Tree Deepens Wellbeing Experiences with Expansion of its Signature Connections Programme, New Retreats, Visiting Practitioners and Global Partnership with Manduka

Banyan Tree Deepens Wellbeing Experiences with Expansion of its Signature Connections Programme, New Retreats, Visiting Practitioners and Global Partnership with Manduka

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