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.

25 DECEMBER 2023 AL CIRCLE

Green aluminium recovery specialist Runaya might volunteer to treat mine tailings

EDITED BY : MAYURAKSHI GANGULY 2MINS READ

Runaya, a manufacturing startup, is committed to expanding its portfolio and venturing into the mine tailings treatment space to contribute to a sustainable future. As Naivedya Agarwal, co-founder and CEO, states, tailings are the by-products of mining activities that must be managed or disposed of properly.

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With its successful recovery of materials from zinc waste, Runaya is determined to continue its mission of recovering valuable minerals and contributing to a cleaner environment.

"Next, we will start targeting mine tailings. In the next year or so, we will start moving into treatment of mine tailings. It's the residue left behind after mining," Agarwal implied.

What does Runaya do?

Currently based in Mumbai, this company specialises in green aluminium recovery and diversified metal recovery as a part of its sustainability operations. The company's CEO, Mr Agarwal, has stated that he expects the tailings sector to grow due to the renewed focus of the government and private sector on mining, as India's economy - the third largest in Asia, continues to expand its physical infrastructure.

Why should we emphasise the management of mine tailings?

According to Ritabrata Ghosh, the Vice-President and Sector Head of Corporate Sector Ratings at Icra, the management of mine tailings is crucial as their presence may impede mining operations and threaten the environment. Additionally, exploring alternative storage or treatment methods is imperative given their non-disposable nature.

Runaya’s Australian JV Minova Runaya Pvt. Ltd

It is noteworthy that Minova Runaya Pvt. Ltd (MRPL), a joint venture between Runaya and Minova International, a ground support services company from Australia, is expected to witness a significant surge in revenue, reaching INR 1,000 crore over the next four years. MRPL specialises in providing state-of-the-art equipment and solutions for the infrastructure and mining sectors.

Company Discourse

Runaya also is an expert in producing fibre-reinforced plastic and aramid-reinforced plastic rods used in optical fibre cables. These products are sold in significant markets such as the United States, Europe, and South America. The company's CEO, Naivedya Agarwal, has shared that the firm aims to increase its export percentage from the present 60 per cent to 90 per cent. Additionally, Runaya is committed to sourcing all of its power requirements from renewable sources within the next 18 months, an increase from its present level of 80 per cent.

If you wish to learn about more sustainable advancements in the global aluminium sector, glance at AL Circle's Sustainability in the Global Aluminium Sector report.

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