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.

22 OCTOBER 2020 AL CIRCLE

Marcventures Holdings set to develop a bauxite mine Samar

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Marcventures Holdings Inc. (MHI) is reportedly set to develop a bauxite mining property in Samar, once approved by the Mines and Geosciences Bureau. This will make MHI the only firm in the Philippines with bauxite as a mineral commodity.

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According to MHI president Isidro Alcantara, the company has kept aside P2.5 billion for the development of the project. MHI is expecting the issuance of its environmental compliance certificate (ECC) by the first quarter of 2021. Construction will expectedly complete in two years.

MHI obtained the bauxite mine in Samar in 2016. Bauxite is a highly valued raw material used for the production of alumina, which is then used for producing aluminium.

Alcantara said, “We will be going into discussions with potential partners because there is no experience in bauxite mining here in the Philippines. Aluminum applications are rising, demand for it is rising and prices are very good.”

Besides developing a bauxite mine in Samar, MHI is eyeing Surigao to expand its mining operations with a budget of P250 million. The property will be connected to the firm’s existing facility and infrastructure in the area and is expected to increase the company’s reserves sustainability.

MHI, in the first half of 2020, reported a net income of P137.52 million, attributing to the company’s increased tonnage as well as the significant reduction in the mining overhead costs.

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