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.

11 FEBRUARY 2019 AL CIRCLE

Altus dissolves joint venture deal with Canyon Resources

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

TSX-V-listed Altus Strategies has reportedly reached a Joint Venture Termination agreement and a Sale & Purchase agreement with ASX-listed Canyon Resources, which dictate the dissolution of their existing partnership dated back to December 23, 2013.

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Per the agreements, Altus will transfer all of its share capital in subsidiary Aucam Resources Ltd. to Canyon. Aucam is the holder of Altus' Birsok and Mandoum licences in central Cameroon. The licences cover the Minim Martap bauxite deposit.

In return, Altus will receive 30 million Canyon shares, valued at about GBP3.4 million. Altus will also receive a royalty of USD1.50 per tonne on bauxite ore mined and sold from Minim Martap project.

Earlier, Canyon Resources had announced a JORC compliant resource estimate for the Minim Martap project of 550 million tonnes at an average grade of 45.5% total aluminium oxide.

Steven Poulton, CEO of Altus, commented: "We are delighted to reach this deal with Canyon which is designed to monetise our bauxite projects in Cameroon. The deal will generate a significant additional shareholding for the company in ASX-listed Canyon which, if fully consummated, is valued at approximately GBP3.4 million based on the current price of Canyon's shares on the ASX."

He further said: “Altus strategically acquired a stake in the project in 2010 and entered a joint venture with Canyon in December 2013. Our total expenditure generating the project prior to the JV was less than US$ 125,000 and this amount was repaid in cash by Canyon. The series of transactions showcases the strategic value of our Africa focused and counter-cyclical project generator business model."

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