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.

08 APRIL 2025 AL CIRCLE

Ogun State’s upcoming aluminium recycling facility to create $150 million annual revenue & new job opportunities

EDITED BY : SARNALI CHAKRABORTY 1MINS READ

The Ogun State Government, in partnership with Neveah Limited—an indigenous company—is set to establish an aluminium recycling plant projected to generate over $150 million in annual revenue for the state.

Ogun State’s upcoming aluminium recycling facility to create new job opportunities & $150 million annual revenue

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According to the company's Chief Executive Officer, Mr Lawal Ibidapo, the facility is also expected to contribute approximately 2.5 per cent to Nigeria's total non-oil exports. Mr Ibidapo disclosed this on Monday while speaking to journalists following a closed-door meeting with Governor Dapo Abiodun at Okemosan, Abeokuta.

The Chief Executive Officer praised Governor Dapo Abiodun for fostering a business-friendly environment in Ogun State, noting that the decision to site the aluminium recycling plant in the Gateway State was strategic, given its proximity to Lagos—Nigeria’s financial hub.

He highlighted that Ogun State has become a preferred destination for investors nationwide, thanks to the governor's progressive and investor-friendly policies that have simplified the process of establishing businesses in the state.

The CEO further assured that the investment would create over 500 job opportunities for young people, while also contributing significantly to the socio-economic development of both the state and the nation.

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