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.

26 FEBRUARY 2020 AL CIRCLE

Rio Tinto posts strong financial results for 2019; Revenues stand 7% above 2018

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Rio Tinto has announced its full-year financial results of 2019, where it reveals strong safety performance with no fatalities and a slightly improved all injury frequency rates, coming from a strong base. The company’s net cash generated from operating activities stood at US$ 14.91 billion, up 26 per cent from US$ 11.82 billion in 2018. Free cash flow, as a result, rose by 31 per cent from US$ 6.97 billion to US$ 9.15 billion. Both are presented after $0.9 billion tax paid in 2019 relating to the 2018 coking coal disposals.

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Rio’s 2019 capital expenditure remained consistent at US$ 5.48 billion, compared to US$ 5.43 billion in the previous year. Underlying EBITDA and underlying earnings came in at US$ 21.19 billion and US$ 10.37 billion, respectively, recording a growth of 17 per cent and 18 per cent from US$ 18,136 million and US$ 8,808 million in 2018. Underlying earnings per share also stood 24 per cent above at 512.3 US cents.

Taking exclusions into account, net earnings of $8.0 billion were 41% lower than 2018, mainly reflecting $1.7 billion of impairments in 2019, primarily the Oyu Tolgoi underground project, consistent with our 2019 interim results, and the Yarwun alumina refinery.

Total dividend per share, however, stood down by 19 per cent from 307 US cents to 382 US cents.

Rio Tinto in 2019 also saw stronger revenues of $43.2 billion, 7 per cent higher than 2018, primarily driven by higher iron ore prices. This was partially offset by lower copper and aluminium prices and the absence of revenues from assets divested in 2018. Underlying earnings from aluminium stood 56 per cent lower from US$ 1.34 billion to US$ 599 million.

Rio Tinto Chief Executive J-S Jacques said, “We have again delivered strong financial results. Our world-class portfolio and strong balance sheet serve us well in all market conditions, and are particularly valuable in the current volatile environment. We are closely monitoring the impact of the Covid-19 virus and are prepared for some short-term impacts, such as supply-chain issues. Our products are currently reaching our customers.”

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