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 APRIL 2018 AL CIRCLE

Alumina price jumps highest as a consequence of Rio Tinto’s force majeure

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Rio Tinto’s decision to declare force majeure on Rusal-linked contracts is already leaving innumerable impacts, including alumina price rise. Rio said it decided to announce force majeure on Friday April 13, 2018, on certain customer contracts like alumina shipments from a refinery in Australia with which Rusal is also associated, bauxite shipments to a Rusal alumina refinery in Ireland, as well as alumina supply from the same refinery to smelters in Europe.

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Following this decision, COMEX alumina futures for delivery in May jumped 15 percent on Friday itself, while global alumina price rose to its highest today April 18, 2018 since September 2011, climbing to as much as $2,445 per ton.

Rio’s force majeure announcement is also likely to trigger global alumina supply constraints, especially after Alunorte’s 50 per cent production cut due to non-compliance disputes. Both Rusal and Alunorte have been the world’s biggest aluminium producers, accounting for 11 per cent of global production.

However, Rusal is looking for alternative supplies, said Johan Vlietinck, an official with France’s CGT union at Aluminium Dunkerque to Reuters, adding, Rio Tinto’s Dunkirk smelter in France which buys alumina from Rusal’s refinery in Ireland has only three weeks of alumina stockpiles.

2 tonnes of alumina is required to make 1 tonne of aluminium. Hence, this alumina supply deficit and price hike will together bring a slowdown in semi-manufactured aluminium and ultimately hit end users producers, anticipated by industry stalwarts.