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.

26 JANUARY 2023 AL CIRCLE

Critical minerals need more funding from European banks; Hydro CEO calls for sanctions against Russian aluminium

EDITED BY : RUPANKAR MAJUMDER 1MINS READ

As the European Union developed its Green Deal industrial plan, European Commissioner Thierry Breton encouraged European bankers to provide finance to producers of minerals essential for the energy transition.

Critical minerals need more funding from European banks

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On March 8, the EU will introduce its Critical Raw Materials Act, ensuring that the bloc has access to the lithium, cobalt, nickel, manganese, and graphite needed for electric vehicles.

Breton emphasised two crucial problems. The first is an overreliance on some nations, such as China, a significant manufacturer of commodities like magnesium used in machinery, automobiles, and electronics. The second is the "colossal" rise in demand that is anticipated.

Energy-intensive sectors like aluminium, among others planning to move output outside the group due to rising power costs following the Russia-Ukraine geopolitical crisis. In the past, Russia has been a significant source of aluminium, nickel, copper, cobalt, and palladium for Europe.

Hilde Merete Aasheim, the CEO of Norwegian aluminium giant, Hydro, discusses the economic impact of the Russia-Ukraine geopolitical crisis, calls for the European Union to impose sanctions on Russian aluminium, and firms Hydro's outlook for 2023.

The CEO said, "It is important for us to have a voice. EU should impose sanctions on Russian aluminium."

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