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.

08 AUGUST 2022 AL CIRCLE

Colombia's export of aluminium scrap during 2019-20 signifies enterprising growth; 25% further rise estimated for 2022

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

Circular economy guidelines dictate that all products should be made in such a way so they can be later demolished and remodelled into end products once the original product has become unusable. Aluminium scrap is one of those foundation materials that can be remodified into a wide variety of new products, so recycling it makes good economic and environmental sense.

Colombia's export of aluminium scrap

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Aluminium metals are used extensively in construction projects such as roads and bridges. In the transportation industry, it can be used to manufacture automobiles, aircraft and other modes of transportation.

Outside Asia, Colombia has one of the largest shipbuilding industries in the world. Modern industries like shipbuilding, electronics, automobile and construction contribute to Colombia's GDP; however, it also generates metal scrap like aluminium, among others.

Colombia's export of aluminium scrap

The megadiverse nation in the world, Colombia exported 64,064 tonnes of aluminium scrap during 2020-21, attracting revenue earnings of around $82.26 million from the scrap export. In 2020, Colombia documented an aluminium scrap export of 28,330 tonnes, incurring earnings of $31.79 million. In 2021, the scrap exported recorded growth of 26.13%, as the export volume escalated to 35,734 tonnes and revenue inflow accounted for $50.47 million.

Recycling aluminium involves remelting the metal, which is much more cost-effective and energy-efficient than electrolytically extracting aluminium from bauxite ore. The energy required to recycle scrap aluminium is about 5% of that needed to make new aluminium.

Colombia's export of aluminium scrap in 2022 is analysed with further growth of 25.14%, as the export is estimated to climb to 44,720 tonnes, and earnings might stand at $71.38 million.