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.

16 JULY 2021 AL CIRCLE

Alcoa reports highest profitability since inception with $309 million net income in 2Q2021

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

On Friday, July 16, Alcoa Corporation reported the highest profitability since inception in 2016 with record quarterly net income and earnings per share, attributing to strong aluminium pricing with improved customer demand, stable operational performance, and additional cash generation through strategic action. The company’s Q2 2021 net income, ended on June 30, stood at US$ 309 million, up 76.57 per cent quarter-on-quarter from US$ 175 million and 56.85 per cent year-on-year from US$ 197 million.

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Adjusted EBITDA excluding special items increased 18.62 per cent sequentially to US$618 million from US$ 521 million. On a year-on-year calculation, it stood up by 234 per cent from US$ 185 million. Earnings per share grew quarter-on-quarter from US$ 0.79 to US$ 1.49.

Revenue edged 31.89 per cent higher year-on-year from US$ 2,148 million to US$ 2,833 million but decreased over the quarter by 1.29 per cent from US$ 2,870 million.

“Alcoa had an excellent second quarter and first half of the year, the strongest since our launch as an independent company in 2016,” said Alcoa President and Chief Executive Officer Roy Harvey. “This record-setting performance reflects how our strategies are working to deliver results.

Harvey added, “Across our Company, we have been working relentlessly to ensure that Alcoa is successful through all market cycles, and this steadfast resilience and consistent performance has allowed us to capture the benefits from strong aluminum pricing and improved customer demand. Today, we have a strengthened balance sheet with lower debt and additional cash to continue to pursue our strategic priorities.”

Alcoa’s alumina third party shipments remained strong on continued high production rates. Aluminium shipments were consistent with the prior quarter after excluding the impact of the Warrick rolling mill, which was sold on March 31, 2021.

In June 2021, Alcoa completed the sale of the former Eastalco site, including approximately 2,100 acres, for total consideration of $100 million. Additionally, Alcoa sold other non-core assets in the second quarter of 2021 for total proceeds of $20 million.

Alcoa expects a further improvement this year on the continued economic recovery and increased demand for aluminium in all end markets.

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