Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

13 APRIL 2021 AL CIRCLE

Abu Dhabi: Mubadala Investment Co. well placed for IPO of Emirates Global Aluminium

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

Mubadala Investment Co., the sovereign fund of Abu Dhabi stated that it’s “close” to an initial public offering of Emirates Global Aluminium PJSC as it examines other crucial deals comprising a role in a consortium investing in Saudi Aramco’s oil pipelines.

Mubadala Investment Co. well placed for IPO of Emirates Global Aluminium

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On 12^th March 2021, Khaldoon Al Mubarak, CEO commented, when questioned about the possibility of IPO of Middle East’s biggest producer of aluminium, EGA: “We’ve been thinking about this for a couple of years and waiting for the right time for that business to be IPO’d.”

The $232 billion funds have shown minor sign of slowing down in 2021, coming off its busiest year. However, the deal stroked wide spreads from acquiring a Brazilian refinery to invest in convertible bonds of messaging app Telegram.

Mubadala Investment Co. well placed for IPO of Emirates Global Aluminium

Mubadala and Investment Corp. of Dubai which equally owns EGA has smelters in Abu Dhabi and Dubai and a bauxite mine in Guinea.

Al Mubarak said during a virtual conference: “The company had planned an IPO in 2018 or 2019 but it was pulled after then-U.S. President Donald Trump imposed tariffs on aluminium imports from the United Arab Emirates. His successor Joe Biden said in February’ 2021 that he would keep the U.S. restrictions in place, reversing Trump’s last-minute move to grant the UAE relief from the duties.”

“We will decide when the appropriate market conditions are there, but the company is certainly in a very strong position and I think is well placed for an IPO.”

“We’re very close now”, he added.

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