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.

02 MARCH 2022 AL CIRCLE

Anglo-Swiss commodity trader Glencore evaluates equity stakes in En+ Group among other Russian entities

EDITED BY : RUPANKAR MAJUMDER 1MINS READ

On 1^st March 2022, Switzerland headquartered Anglo-Swiss multinational commodity trading and mining company Glencore stated that it is evaluating all its business activities in Russia comprising equity stakes in aluminium and hydropower group giant En+ Group among other firms in different sectors.

Glencore evaluates equity stakes in En+ Group among other Russian firms

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The world's largest globally diversified natural resource company, Glencore, which is also listed at London Stock Exchange (LSE) holds a 10.5% stake in En+ Group, the dominion shareholder of the Russian aluminium giant. Glencore also has a 0.57% stake in Rosneft.

Glencore evaluates equity stakes in En+ Group among other Russian firms

Glencore further added, “We have no operational footprint in Russia and our trading exposure is not material for Glencore.”

However, a set of Western companies has been splitting strap with Russia following its stand-off with Ukraine, due to constraints from governments and shareholders.

Global Aluminium Industry Outlook 2022

The largest lender of Russia on 02^nd March 2022 released a statement quoted “Leaving the European market after coming under pressure from Western sanctions levelled against the state bank in response to Moscow's invasion of Ukraine.”

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