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.

03 FEBRUARY 2020 AL CIRCLE

EGA secures revolving credit facility worth $600 million

EDITED BY : DEBANJALI SENGUPTA 1MINS READ

Emirates Global Aluminium, the UAE’s largest industrial company outside oil and gas, announced on Monday, February 3, that it secured a revolving credit facility worth $600 million, with a syndicate of UAE and international banks.

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The credit facility, priced at a competitive margin, is committed for three years replacing uncommitted facilities extended to EGA separately by a number of banks.

Abdulnasser Bin Kalban, Chief Executive Officer of EGA, said: “EGA has grown into a substantial global business with operating assets on two continents and at every step of the aluminium value chain from mine to metal. This committed revolving credit facility is the next step in the evolution of our financing and balance sheet management strategy and enables a robust and structured approach to managing our short term working capital and liquidity position.”

This facility can be drawn upon at any time at the borrower’s discretion so as to ensure efficient management of cash flow and liquidity.

According to the report, Commercial Bank of Dubai, Emirates NBD, Mashreq, and Standard Chartered were the joint lead arrangers and bookrunners of the deal.

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