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.

11 SEPTEMBER 2020 AL CIRCLE

Kumar Mangalam Birla: Hindalco to bounce back in H2FY21 amid pandemic

EDITED BY : HEENA IQBAL 2MINS READ

Hindalco Industries is well-positioned for a bounce back in the second half of the current financial year (FY21). “We should be back to pre-Covid levels in the second half of FY21," Hindalco Chairman Kumar Mangalam Birla told shareholders at the company’s 61st annual general meeting held in Mumbai.

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Birla said: “The Indian economy delivered subdued performance last year with FY20 GDP (gross domestic product) growth falling to 4.2 per cent. We witnessed contraction in the first quarter (Q1) on account of widespread shutdowns. Despite this slump in Q1, activity levels are gradually normalising and I remain confident that India’s long-term growth potential remains intact despite the setback.”

Hindalco’s upstream plants are operating at near full capacity with all logistics infrastructure coming back on track. All downstream plants are operating at partial capacity to meet market conditions. Novelis’ all plants are operational, and many are now running at their full capacity. All the automotive customers in North America and China are now pulling at nearly pre-Covid levels,”

He said export demand continues to offset subdued domestic market conditions.

The company continues to reduce its exposure to London Metal Exchange’s price fluctuations by increasing share of downstream value-added products across businesses. “In FY20, we have succeeded in delinking 80 per cent of Hindalco’s consolidated Ebitda (earnings before interest, taxes, depreciation and amortisation) from the LME,” said Birla.

“All our smelters continue to be in the first quartile of the global cost curve. Cash conservation and maintaining adequate liquidity will help us deliver sustained performance despite the current tough environment due to Covid-19,” he said.

Note to readers: AlCircle brings two-day event for aluminium industry players. We look forward to meeting you virtually at “Global Aluminium Expo 2020”on October 6-7, 2020. For registration, visit www.alcircleevents.com

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