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.

29 NOVEMBER 2021 AL CIRCLE

Metro Mining signs bauxite deal with Xiangsen Aluminium worth 5 million WMT for the next 3 years

EDITED BY : SARNALI CHAKRABORTY 2MINS READ

Metro Mining Ltd. of Australia stated last week that it has enlarged and extended its 'Strategic Cooperation Agreement' with Xiamen Xiangsen Aluminium Limited (Xiangsen Aluminium) for the delivery of approximately 5 million wet metric tonnes of bauxite over the next three years.

Metro Mining signs Bauxite deal with Xiangsen Aluminium worth 5 Million WMT for the next 3 years

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According to Metro, the new arrangement builds on a previous letter of intent between the two companies for 1.1 million wet metric tonnes of bauxite for the current year. The new agreement calls for 1.7 million wet metric tonnes of bauxite ore to be supplied over the next three years.

The deal comes on the heels of a letter of intent signed in July between Metro and Shanxi Liulin Senze Aluminium for an extra 1.1 million wet metric tonnes per year through 2023. Currently, the total offtake agreed to in that letter of intent has been committed for the current year.

The enlarged arrangement, according to Metro, is the result of testing conducted over the last year at multiple alumina refineries in Shanxi, Guangxi, and Guizhou. Within the following two weeks, the two parties are anticipated to reach a formal agreement.

In a news statement, Metro Mining Managing Director and CEO Simon Wensley stated that the agreement provides his company tremendous promise for future capacity development.

“Metro is delighted to see the relationship with our partner Xiangsen Aluminium go from strength to strength after a good first year of ongoing trials. It is based on mutual trust and delivering on clear and straight forward commitments. As the Chinese bauxite market evolves and the risk of alternative bauxite supplies become better understood, we are committed to supporting customers who recognize the excellent value and risk package which Metro can deliver. This gives us confidence in commencing the refresh of our Stage 2 expansion implementation plans as we move towards an offtake position which will underpin it,” said Simon Wensley.

Global Aluminium Foundry

Metro Mining is situated in Brisbane, and it originated as a spin-off from Cape Alumina Ltd. following MetroCoal Ltd's acquisition of the company in 2014. Only Rio Tinto Alcan has more exploration rights in western Cape York, covering over 500 square miles.

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