Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

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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.

01 MAY 2018 AL CIRCLE

Alba’s Q1 2018 net income surges by 32% YoY to BD 33.8 million

EDITED BY : BEETHIKA BISWAS 2MINS READ

Aluminium Bahrain B.S.C (Alba) presented its financial results for the First Quarter of 2018.

The Company’s top-line and bottom-line performance for the first quarter of 2018 were driven primarily by 17% YoY increase in LME prices coupled with favourable management performance.

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Alba Total Sales stretched by 16% YoY to reach BD 221.3 million (US$ 588 million) versus BD 190.4 million (US$ 506 million) in Q1 2017. The Company posted a Net Income of BD 33.9 million (US$ 90 million) versus BD 25.6 million (US$ 68 million) in Q1 2017, an increase of 32% YoY.

During the Annual General Meeting (AGM) which was held on Wednesday 07 March 2018, Alba approved a dividend of BD 36.8 million (US$ 98 million) and paid on 21st March 2018.

Alba also streamlined its 2018 Priorities:

Focus on Safety Selfie Initiative
Deliver on Project Titan - Phase III [2018: 1 Million MT & US$ 60/t]
Leverage strong physical demand on Value-Added Sales
Focus on upstream opportunities
Line 6 on Schedule
Close final tranche of ECA-covered facility
Award remaining packages by Q2 2018

Commenting on Alba’s sound financial performance in Q1 2018, the Chairman of Alba’s Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa:

“Alba was off to a strong start in 2018 thanks to a solid operational performance. We intend to leverage this strong start as we progress with the construction of Line 6 Expansion Project.”

Alba’s Chief Executive Officer, Tim Murray added:

“Alba continues to focus on resilience and was able to leverage the gains in LME prices to deliver solid bottom-line results. I would like to thank our dedicated workforce for their contributions in achieving this success.”

Alba's Management will be holding a conference call on Monday April 30, 2018 to discuss Alba's financial performance for the first quarter of 2018 as well as outline the Company's priorities for the remainder of the year.

Aluminium Bahrain B.S.C. also announced through a press release that it has successfully closed the first part of 2nd tranche of EUR 204.5 million from Export Credit Agency (ECA) covered facilities to finance the Green Anode Plant, Gas Treatment Centres, Pot Tending Machines and Anode Bake Furnace as well as related equipment for Alba’s Line 6 Expansion Project.

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