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.

05 NOVEMBER 2021 AL CIRCLE

Century Aluminum reports 10% rise in net sales as shipments grow 3% to 196,095 tonnes during 3Q2021

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Century Aluminum Company announced the third-quarter results of 2021 ended September 30, reporting a 10 per cent rise in net sales quarter-on-quarter from $528 million to $582.4 million. Shipments grew 3 per cent from 190,894 tonnes in Q2 2021 to 196,095 tonnes in Q3 2021.

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The company also reported a net loss of $52.4 million for the third quarter, which was $17.3 million lower than $35.1 million in the second quarter. The third-quarter results were negatively impacted by $46.7 million of net exceptional items, in particular $35.0 million of unrealized losses on derivative instruments, $7.7 million in legal settlements, and $4.0 million in share-based compensation costs. However, adjusted net loss improved sequentially by $22.1 million to $5.7 million in Q3.

Adjusted EBITDA increased quarter-on-quarter from $33.9 million in the June quarter to $70.3 million in the September quarter, primarily driven by higher prices of primary aluminum and increased regional premiums but partially offset by increased power prices.

“Industry conditions remained robust in the third quarter, with continued strong demand expansion in our markets in Europe and the United States,” commented President and Chief Executive Officer Jesse Gary. “At the same time, production cuts in China and Europe, driven by global energy shortages and Chinese decarbonization policies, have moved the global aluminum market into deficit, resulting in aluminum inventories falling to multi-year lows.

Mr Gary also mentioned of the commencement of a new low-carbon billet casthouse construction at Grundartangi, Iceland smelter. “Once the two-year project is complete, the new casthouse will enable Grundartangi to cast over 80% of its production as value-added products, further strengthening this world-class asset. In addition, the billets and other value-added products produced at Grundartangi will continue to be produced using 100% renewable energy, expanding our Natur-Al™ line of low-carbon products and offering low-carbon billets to the European marketplace,” he said.

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