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 2020 AL CIRCLE

Alcoa’s Q2 revenue declined 10% to $2.1 billion due to lower aluminium and alumina prices

EDITED BY : HEENA IQBAL 2MINS READ

Alcoa Corporation announced second quarter 2020. The company reported improved productivity and continued operational stability during the COVID-19 pandemic. Alcoa said all of its global operations have maintained production without interruption.

Alcoa’s overall third-party aluminium shipment volume increased approximately 9 percent, primarily due to the continued progress of the Aluminerie de Bécancour Inc. (ABI) smelter in Quebec, Canada restart. Third-party alumina shipments rose approximately 2 percent, compared with first quarter 2020 shipment volume.

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“I am proud of our global team’s resolve in facing challenges created by the pandemic, focusing first on protecting people,” said President and Chief Executive Officer Roy Harvey. “We acted early to implement comprehensive measures to mitigate health risks, and we continue to exercise all precautionary measures to keep people safe and our locations fully operational.

“Despite challenging market conditions, our team has lowered production costs, increased output, maintained stable shipments, and improved our balance sheet. We continued to make progress in executing our strategic actions and 2020 programs, and we finished the quarter with a cash balance of nearly one billion dollars,” Harvey continued.

Alcoa reported net loss of $197 million, compared with net income of $80 million in the first quarter of 2020. The 2020 second quarter results include the net impact of $193 million of special items, including interim tax impacts, costs associated with the curtailment of the Intalco smelter in the state of Washington and the ongoing restart of the ABI smelter. The ABI restart process is expected to be complete during the third quarter 2020.

Excluding the impact of special items, adjusted net loss was $4 million, improved from the first quarter 2020 adjusted net loss of $42 million. Revenue stood at $2.1 billion, down 10 percent sequentially, primarily due to lower aluminium and alumina prices.

Adjusted EBITDA excluding special items was $185 million in Q2, a 42 percent sequential decrease primarily attributed to lower aluminium and alumina prices.

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