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.

19 OCTOBER 2022 AL CIRCLE

LME warehouse in South Korea receives Russian-origin aluminium from Glencore

EDITED BY : SARNALI CHAKRABORTY 2MINS READ

On Tuesday, October 18, Switzerland-headquartered Anglo-Swiss multinational commodity trading and mining company Glencore shipped substantial volumes of Russian-origin aluminium to London Metal Exchange (LME) registered warehouses in Gwangyang, South Korea.

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As per the sources, the aluminium shipped to Gwangyang was made by the Russian aluminium giant Rusal. Deliveries into LME warehouses show the challenge confronting Rusal, the largest aluminium producer outside of China, as 2022 contracts expire and buyers steer clear of Russian metal for 2023 contracts, according to the sources.

LME warehouse in South Korea receives Russian-origin aluminium from Glencore

The price of aluminium increased by more than 7 per cent on Wednesday last week on news that the Biden administration was considering limiting imports of Russian aluminium as a possible response to Moscow's military escalation in Ukraine. Aluminium merchants said that the hasty response was brought on by concerns over shortages if Rusal was sanctioned.

Some importers and end users of aluminium in the packaging, building, and transportation sectors do not wish to employ Russian aluminium in their goods. The sources did not specify how much Russian aluminium had been sent by Glencore to the Gwangyang LME warehouses.

In April 2020, Rusal and London-listed Glencore agreed to a long-term supply of 6.9 million tonnes of aluminium. In 2020, 344,760 tonnes were supposed to be provided; between 2021 and 2024, around 1.6 million tonnes annually. On Friday, the amount of aluminium in LME warehouses increased by 65,825 tonnes to 433,025 tonnes. Of those, 44,675 tonnes went to Port Klang in Malaysia, and 23,525 tonnes went to Gwanyang in South Korea.

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