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.

21 JANUARY 2019 AL CIRCLE

Alba closes loan facility for its Line 6 Expansion Project

EDITED BY : HEENA IQBAL 2MINS READ

Aluminium Bahrain B.S.C. (Alba) has successfully closed by the end of 2018 the final instalment of the 2nd tranche in respect of the financing of its Line 6 Expansion Project. The loan facilities consisting of US$136 million and EUR90 million are used to finance the provision of equipment for Alba’s Line 6 Expansion Project.

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The facilities are made-up of US$136 million Export Development Canada (“EDC”) supported-facility with 10-year tenure; and EUR90 million Japan Bank for International Cooperation (JBIC)/Nippon Export and Investment Insurance (NEXI) supported-facilities comprising two contract loans, with 10-year and six-year tenure.

Alba’s Chairman of Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa said: “This is another concrete highlight for us and a step closer towards transforming our vision into reality with the safe start-up of Line 6.

We are also truly thankful to receive further support from our banking partners in the ECA supported-facilities.”

The Mandated Lead Arranger for the EDC covered-facility is Citibank N.A. (Canada Branch), and Citibank N.A. also acted as the Facility Agent for the EDC covered-facility. With respect to the JBIC/NEXI supported-facilities, the Mandated Lead Arranger is BNP Paribas (Tokyo), and BNP Paribas also acted as the Facility Agent for the JBIC/NEXI supported facilities.

“Alba successfully closed a US$1.5 Billion syndicated term-loan facility comprising two tranches: a Conventional Facility & and an Islamic Facility in October 2016; the first tranche of the Export Credit Financing of c. US$700 million for Euler Hermes and SERV-covered facilities was concluded in July 2017; the first part of 2nd tranche of Export Credit Financing of c. EUR204.5 million comprising Bpifrance Assurance Export (“BpiAE”) and the Euler Hermes-covered facilities was concluded in April 2018.,” it said.

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