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.

24 MAY 2019 AL CIRCLE

Metro Mining conducts AGM; Chinese bauxite imports at record level

EDITED BY : HEENA IQBAL 2MINS READ

Metro Mining conducted its Annual General Meeting (AGM) on Thursday, 23 May 2019. The company’s Chairman Stephen Everett and Managing Director and Chief Executive Officer Simon Finnis addressed shareholders at AGM in Brisbane, Queensland.

Metro’s gross profit from the Bauxite Hills Mine for the financial year ended 31 December 2018 stood at $9.6 million and group profit before tax was $2.19 million.

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Metro Mining shipped over 2 million tonnes of bauxite in 2018 and met production guidance for the year. The company announced upgraded production guidance to 3.5 million tonnes for 2019.

Addressing the AGM, Stephen Everett said: I think it is fair to say Metro is on its way!

“Since the beginning of this year we have:

▪ Finalised works to upgrade the mine site and transhipping facilities and mobilised necessary equipment & personnel to enable us to meet the 3.5million tonne production target

▪ Progressed the review of the DFS for the expansion to 6Mtpa. I expect the DFS will be released in the June quarter

▪ Shipped (under often difficult weather conditions) over 350,000 WMT of ore.”

Metro has already sold 75% of 2019 expanded production. The company has completed low capital cost improvements to support expansion.

According to Metro Mining’s report, China imports continue to increase with total 2018 imports exceeding 82 million WMT, and 2019 is on track for 90 million WMT. Strong demand from inland Chinese refineries - domestic bauxite supply has been impacted by resource depletion, recent mine closures and environmental audits.