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.

18 JANUARY 2018 AL CIRCLE

Alcoa doubles its 2017 full year adjusted EBITDA YoY on higher alumina and aluminium pricing

EDITED BY : BEETHIKA BISWAS 2MINS READ

Alcoa Corporation the leading global conglomerate in bauxite, alumina and aluminium reported fourth quarter and full-year 2017 results yesterday. The results were positively impacted by strong alumina and aluminium pricing and management’s focus on reducing complexity, driving returns and strengthening the balance sheet.

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The Company closed the year with $1.36 billion cash, up $239 million sequentially and $505 million year-over-year. Based on January 2018 market assumptions2, Alcoa is projecting its full-year 2018 adjusted EBITDA to range between $2.6 billion and $2.8 billion.

For Q4 2017, the company reported net loss of $196 million and excluding special items, adjusted net income of $195 million. EBITDA excluding special items was up 38 per cent sequentially, on higher alumina pricing. Revenue was up 7 per cent sequentially to $3.2 billion driven mostly by improved alumina pricing.

For the full-year 2017, the company reported a net income of $217 million and adjusted net income of $563 million. Adjusted EBITDA excluding special items stood at $2.35 billion, more than double of full-year 2016. The annual revenue stood at $11.7 billion, up 25 per cent from 2016, on higher alumina and aluminium pricing. The company reports $1.2 billion cash from operations and $0.8 billion free cash flow.

Commenting on the results, Roy Harvey, President and Chief Executive Officer of Alcoa Corporation said, “Solid market fundamentals allowed us to deliver our strongest adjusted EBITDA quarter since our launch as an independent, publicly-traded company.”

“With a series of operating and asset decisions, we also purposefully delivered against our strategic priorities. Our first full year has been truly remarkable. By continuously focusing on our strategic priorities, and supported by favorable markets, we’ve been able to accelerate our plan to strengthen Alcoa’s foundation for an even brighter tomorrow. As we enter 2018, we will continue to execute on our objectives and look forward to delivering more in the New Year,” he added.

For 2018, Alcoa projects balanced global market for bauxite and alumina and a global aluminium deficit of 300 thousand to 700 thousand tonnes. Alcoa is projecting 2018 global aluminium demand growth of 4.25 to 5.25 per cent. Company’s final 2017 global demand growth rate stood at 5.25 per cent.

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