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.

06 FEBRUARY 2024 AL CIRCLE

GIADEC grants Mytilineos license for bauxite exploration in Ghana

EDITED BY : RUPANKAR MAJUMDER 1MINS READ

On February 5, 2024, the Greece-based industrial conglomerate Mytilineos, focused on energy and metals, revealed that it secured a prospecting license from the Ghana Integrated Aluminium Development Corporation (GIADEC) to explore and extract bauxite deposits in the Ninayhin-Mpasaso region.

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The signing event, graced by Ghana's President Nana Akufo-Addo, occurred in Accra on January 26, 2024. Mytilineos emphasised the effectiveness of its Energy & Metals model and the positive synergies it brings. With a thorough grasp of Ghana's energy sector from numerous past projects, Mytilineos aims to replicate this successful model in Ghana.

During the first 18 months of implementation, the company will conduct essential feasibility studies to verify reserves and establish mine operations.

A comprehensive feasibility study will be carried out concurrently. The region, known as Ninayhin Block C, where the deposits are situated, is estimated to hold geological reserves of roughly 300 million tonnes of bauxite. It is expected to produce about 10 million tonnes of bauxite annually, translating to an estimated annual revenue of $500 million based on current market rates.

Mytilineos and GIADEC are teaming to evaluate the feasibility of establishing an alumina production facility with an anticipated annual output capacity of up to 1.5 million tonnes.

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