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.

23 NOVEMBER 2021 AL CIRCLE

Hong Kong stock market regulators probing Rusal demerger plan

EDITED BY : RUPANKAR MAJUMDER 1MINS READ

The stock market regulators in Hong Kong are examining the plans made by Russian aluminium giant, Rusal to spin off its high-carbon aluminium smelters and alumina refineries into a separate company that will be listed in Moscow.

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The decision to scrutinize the proposed demerger was activated following a complaint from Odey Asset Management.

As reported by a renowned news agency, the London-based hedge fund suspects a recent agreement comprising the two largest shareholders of Rusal meant, they should not be permitted to vote.

The global leader in low carbon aluminium production, Rusal announced the spin-off plan in May 2021 in a drive that would allow it to focus on the rapidly-growing green aluminium market.

Rusal’s 57% stake is held by EN+, the group once controlled by Russian oligarch Oleg Deripaska. However, its second-largest shareholder with 25.50% is Sual Partners, a vehicle in which billionaires Leonard Blavatnik and Viktor Vekselberg are investors.

Global Aluminium Foundry

The aluminium company is however not aware of any investigation by the regulator, Hong Kong Exchanges and Clearing.

"We have not to date published any information concerning voting arrangements concerning any general meetings to be held," Rusal said to the news agency.

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