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.

18 JUNE 2018 AL CIRCLE

First Bauxite secures second bridge loan for Bonasika Bauxite Project

EDITED BY : HEENA IQBAL 2MINS READ

First Bauxite Corporation said that it has secured a second bridge loan for its Bonasika Bauxite Project located in Guyana. Resource Capital Fund VI L.P. (RCF VI) will provide additional financing under a second bridge loan facility to the company in the principal amount of up to US$10 million.

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The company has started the construction of Bonasika Project using proceeds from the second bridge loan facility. First Bauxite has notified the Guyana Geology and Mines Commission that proceeds of the second bridge loan will be used for the construction of its mine and processing operations at its project.

“The Company is committed to improvements to local infrastructure and keeping Guyana working. Initial construction activity is expected to include improvements in local infrastructure including the construction of a haul road, wharfs and roll-on/roll-off ramps on the Demerara River, and upgrades to the mine camp, all of which will utilize local contractors where possible.”

The Bridge Loan will be offered in four instalments, a first advance of up to US$2 million, which is available to be drawn on or after June 15, 2018, a second advance of up to US$2 million, which is to be available on or after July 1, 2018, a third advance of up to US$2.5 million, which is available to be drawn on or after August 1, 2018 and a fourth advance of up to an amount equal to the undrawn balance, which is to be available on or after September 1, 2018.

The Bonasika Project is expected to be fully operational in the second half of 2019.

First Bauxite Corporation, a Canadian natural resources company engaged in the exploration and development of bauxite deposits in Guyana, intends to produce and sell bauxite ore from its facility in Guyana.

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