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.

10 MAY 2023 AL CIRCLE

Press Metal’s Q1 earnings to rise for global decarbonisation goals: HLIB Research

EDITED BY : MAYURAKSHI GANGULY 2MINS READ

As per the Hong Leong Investment Bank (HLIB) Research, it has been forecasted that Press Metal might have a 26% increase in quarter-on-quarter primary earnings in 2023. The research also notifies that aluminium might have a bright future in mid or long-term conditions after it overcomes power cost, recession and the inflicted depression on the international real estate industry.

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Press Metal, the brainchild of the Koon Brothers, has successfully retained its shape in the gradually declining economy, and HLIB Research, in its last report, mentioned: “We see Press Metal Aluminium Holdings Bhd as an indirect beneficiary of the global decarbonisation movement and increasing environmental, social and governance policies across the world.”

“However, the company may still register mediocre quarters ahead due to unexciting aluminium spot prices,” the research house clarified. The forecast data also suggests the company will face a staggering 29% loss year-on-year in Q1 2023.

Nevertheless, the research added that the emerging uses of aluminium in electric vehicle (EVs) and photovoltaic (solar) sectors might help raise the demand for this non-ferrous metal.

HLIB Research explained how alumina prices have consistently risen with an average range of RM1,585 per tonne in Q1 2023, estimating a stark hike of 12 per cent from RM1,421 per tonne in Q4 2022, which is not a good sign for the company’s operations.

But on the different hand, the research also mentioned that carbon anode prices would be going down the hill with an average price of RM3,856 per tonne in Q1 2023, a steep fall of 14 per cent from RM4,497 per tonne recorded in Q4 2022. This is excellent news for the company, for they can now lower their budget for carbon anode purchases.

The research house also posted that Press Metal’s Q1 2023 results are scheduled for publication sometime around May 30.

“We expect core earnings for the quarter to come in within the range of RM300mil-RM350mil, a rise of 8% to 26% quarter-on-quarter and a decline of 17% to 29% year-on-year in 1Q23,” the HLIB Research concluded.

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