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First Majestic Silver Corp

Common Name
First Majestic Silver
Country
Canada
Sector
Basic Materials
Industry
Silver
Employees
N/A
Ticker
AG
Exchange
TORONTO STOCK EXCHANGE
Description
First Majestic Silver is a primary silver producer engaged in the acquisition, exploration, development, and production of mineral properties across North America. The company owns and operates multip...

First Majestic Silver's Energy Data Preview

In 2025, First Majestic Silver disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

First Majestic Silver also reported the energy it generates itself, offering insight into its level of energy independence.

Additionally, First Majestic Silver also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Metric (GJ)2025202420232022-2019
Total Energy Consumption
1,648,466a
857,197a
1,305,620a
Non-Renewable Energy Consumption
1,500,962a
720,269a
1,177,056a
Renewable Energy Consumption
147,504a
136,928a
128,564a
Total Energy Production
572,323a
N/AN/A
Non-Renewable Energy Production
572,323a
N/AN/A
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Verified Sources Behind First Majestic Silver’s Energy Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. First Majestic Silver's Financial & Extra-Financial Data Spreadsheet 2025

Insights into First Majestic Silver's Energy Renewability

In 2025, First Majestic Silver consumed a total of 1.65 million Gigajoules of energy across its operations. Of this total, 8.95% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 91.05% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a

First Majestic Silver's Energy Renewability Rate

9%

How much of First Majestic Silver's energy consumed is renewable?

In 2025, First Majestic Silver consumed a total of 1.65 million Gigajoules of energy, of which 8.95% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that First Majestic Silver has considerable room to improve its energy sustainability strategy.

Are First Majestic Silver's energy practices becoming more sustainable?

Since 2021, First Majestic Silver's total energy consumption increased by 18.16%, including a 92.31% increase in 2025, reflecting a sustained rise in overall energy demand.a

Over the same period, the share of renewable energy decreased by 69.59%, with a further 43.98% drop in 2025, highlighting a weakening in renewable energy performance.a

Overall, First Majestic Silver is consuming more energy while simultaneously reducing its use of renewable sources, raising concerns about a growing dependency on fossil fuels and the company’s alignment with sustainability goals.

First Majestic Silver's Renewable vs Non-renewable Energy Over Time

2.25 M752.08 k747.92 k2.25 MGigajoules (GJ)2025202420232022202129%91%84%90%92%71%
  • Renewable Energy Consumption
  • Non-Renewable Energy Consumption
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