Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

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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 JULY 2019 AL CIRCLE

Lindian Resources to raise fund for inaugural drilling programme at Gaoual Bauxite Project

EDITED BY : DEBANJALI SENGUPTA 1MINS READ

Lindian Resources Limited has reportedly received approval for raising a fund of up to $1.3 million from professional and sophisticated investors to be used to undertake the company’s inaugural drilling programme at the Gaoual Bauxite Project in Guinea. The $1.3 million includes $200,000 from Lindian’s Chairman Asimwe Kabunga, but subject to shareholders’ approval.

Gaoual Bauxite Project

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This follows the recent completion of due diligence and the issuing of the notice to proceed with acquiring up to 75 per cent of the Gaoual Bauxite Project.

With the fund raised, together with the existing $1 million loan facility, will ensure Lindian to be capable to undertake its upcoming inaugural drilling programme at the Gaoual Project. The programme is scheduled to commence in the fourth quarter of 2019.

Commenting on the placement, Lindian’s Managing Director Shannon Green said, “The significant interest received from both new and existing investor groups in this placement is a strong show of confidence in both Lindian’s management and the underlying potential of Gaoual Bauxite Project.”

On April 10, 2019, Lindian had signed an exclusive option agreement with KB Bauxite Guinea SARLU and its sole shareholder Guinea Bauxite Pty Ltd. to acquire the Gaoual Bauxite Project.

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