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.

28 NOVEMBER 2018 AL CIRCLE

Pangaea Logistics extends freight partnership with Noranda Bauxite and Alumina

EDITED BY : HEENA IQBAL 2MINS READ

Pangaea Logistics Solutions Ltd., a global provider of comprehensive maritime logistics solutions, announced that it has extended its freight partnership with Noranda Bauxite and Alumina. Pangaea expects to move over 40 million tonnes of bauxite from Jamaica to Gramercy through to the end of 2031.

Pangaea Logistics Solutions transports over 3 million tonnes of bauxite from Jamaica to Gramercy each year utilizing three dedicated vessels.

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Ed Coll, Pangaea's Chief Executive Officer said: "We are pleased to extend our partnership with Noranda. Noranda and Pangaea know each other very well, having frequently found ways to enhance our relationship over many years, resulting in a true partnership. We look forward to serving Noranda's transportation, supply and logistics needs for many, many years, and we will work and grow together on marketing and logistics for other products related to the aluminium industry."

David F. D'Addario, Chief Executive Officer of Noranda, commented, "Having such a stable and dependable partner as Pangaea transporting our bauxite from Jamaica to Gramercy gives us comfort in knowing that our key raw material supply will get to our refinery timely and cost effectively. With decades of bauxite supply under lease to us in Jamaica, it makes sense to extend our relationship with Pangaea through the next decade and create a pricing paradigm where our costs are much more predictable over that period."

The parties agreed to a pricing structure designed to create, net of fuel and port cost variances, stable pricing with minor inflationary adjustments through the life of the contract, according to Pangaea Logistics Solutions press release.

Noranda Bauxite and Alumina are the bauxite mining and alumina refinery operations of New Day Aluminum LLC. Noranda Bauxite, located in St. Ann, Jamaica, mines and ships bauxite for metallurgical and non-metallurgical applications globally. Noranda Alumina, located in Gramercy, Louisiana, produces smelter grade alumina for the production of aluminium as well as chemical grade alumina which is used in a wide array of industrial applications.

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