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.

02 NOVEMBER 2018 AL CIRCLE

LARL reports improved results for Aughinish in 2017, sanction worries continue to loom large

EDITED BY : BEETHIKA BISWAS 2MINS READ

The directors of Limerick Alumina Refining Ltd (LARL) that operates the Aughinish Alumina refinery in Limerick, Ireland have stated that its status as a sanctioned entity constitutes a material uncertainty that may cast significant doubt on the refinery’s future.

Limerick Alumina Refining Ltd (LARL) is a wholly-owned subsidiary of United Company Rusal.

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The future of Aughinish has been put into doubt six months back by the US Department of the Treasury's OFAC sanctions on Deripaska and eight companies, including Rusal. The refinery has continued to operate at full capacity while managing the impact of supplies after the extension by US Treasury.

Last week, the directors of LARL filed the accounts showing that alumina price increase in last year contributed to the firm recording pre-tax profits of $50.6m (€44m). This was in contrast to the pre-tax loss of $40.58m filed by the company in 2016. The accounts were filed by the chief executive of LARL Sean Garland.

The company’s revenue increased 26 per cent from US$520.28million to US$658 Million in 2017. The directors said that the favourable alumina market in 2017 helped the biggest alumina supplier in Europe generate profits.

According to the directors the refinery continues to operate at full capacity "and since the announcement of the US sanctions, LARL has experienced increased sale prices".

However, the directors feel that the impact of the sanctions may be materially adverse in the medium and long term to the refinery and its parent company Rusal on whom it relies for support. The filing also says that the shareholders have been communicating regularly with OFAC "trying to find a solution aimed at its delisting from the list of sanctioned entities".

LARL's directors are also of the view that even if Aughinish gets OFAC approval to continue trading, they are looking at other solutions and alternatives like an alternative OFAC licence arrangements so that they can continue trading successfully in future.

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