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.

12 MARCH 2019 AL CIRCLE

EGA's Guinea Alumina Corporation to secure US$700 to US$750 million financing for its new bauxite project in Guinea

EDITED BY : BEETHIKA BISWAS 2MINS READ

A subsidiary of Emirates Global Aluminium (EGA), Guinea Alumina Corporation is about to secure financing of US$700 to US$750 million for a new bauxite project in the Republic of Guinea, EGA’s chief financial officer Danny Dweik told Reuters on Monday, March 11.

He confirmed that the financing is towards a US$1.4 billion bauxite mining project EGA is developing through its wholly-owned subsidiary in Guinea. That would be the largest Greenfield project in the West African country in the last four decades.

{alcircleadd}

“The project financing is ongoing, it is in the final stages,” Dweik said. “We are hoping to close very soon.”

Dweik revealed this after the company announced its financial results for 2018 yesterday. EGA reported net income of 1.2 billion dirhams ($325 million) for 2018, down 64 per cent from 2018 due to higher raw material prices. EGA reported 2.64 million tonnes of aluminium production in 2018.

Guinea Alumina Corporation is developing a bauxite mine and associated export facilities in the Republic of Guinea. The project will create a new revenue stream for EGA and secure the raw material needs of the Al Taweelah alumina refinery, being developed by EGA in Dubai. The project is expected to contribute largely to the development of Guinea's economy. GAC's project is in the Boké region of north-western Guinea, close to existing bauxite mines. The project is expected to mine approximately 12 million tonnes of bauxite per year on the completion.

Tagged with: