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.

02 SEPTEMBER 2019 AL CIRCLE

Rio initiates arbitration process with GFG Group on outstanding payments for Dunkerque smelter

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

According to the Reuters report, Rio Tinto Plc has started an arbitration process with Sanjeev Gupta’s GFG Alliance as the latter has not made final payments for the purchase of the Dunkerque aluminium smelter in France. The news came after Rio Tinto confirmed this on Monday, September 2.

Rio initiates arbitration with GFG Alliance

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In a statement it said, “Rio Tinto confirms it has triggered an arbitration process in relation to the sale of the Dunkerque aluminium smelter, France, to Liberty House.”

In December 2018, Rio Tinto completed the sale of its Dunkerque aluminium smelter in northern France to Liberty House, the part of the GFG Alliance, at $500 million.

Rio Tinto also said, “The arbitration relates to non-payment of customary post-closure adjustments, including working capital, which was agreed by both parties in the sale and purchase agreement.”

GFG Group, on the other hand, reported to Reuters that the outstanding amount was small and the transaction so far had been very successful. Relationships with its banks were constructive as well, added the Group in a statement.

“As is usual practice in sizeable mergers and acquisitions, there is a mechanism in place post-completion to settle the final consideration to be paid to the vendor net of working capital, accounting and other issues,” GFG said.

“This system is ongoing with the vendor as part of the normal process, and differences are being reconciled. This smelter is operating on budget, it is highly profitable and cash generative despite poor aluminium prices,” added GFG Group.

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