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 OCTOBER 2020 AL CIRCLE

Rio Tinto’s Iceland Aluminium smelter staffs voted to strike

EDITED BY : RUPANKAR MAJUMDER 1MINS READ

A greater part of the workers at Straumsvík aluminium smelter, near Reykjavík in Iceland, have voted to strike in action.

Iceland Aluminium smelter staffs voted to strike

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As per the report, the strike actions begin on 16^th October, which entail daily strikes among certain professions within the smelter throughout November. A general strike is scheduled to begin on 1^st December if an agreement is not reached by that date.

Iceland Aluminium smelter staffs voted to strike

According to Reinhold Richter, a union representative, the striking workers belong to five different unions and are demanding the same wage hikes as are outlined in the “standard of living contract” signed by unions and the Icelandic Confederation of Enterprise (SA) in 2019.

The smelter is owned by Rio Tinto, one of the largest metal and mining corporations in the world. Earlier this year, the company considered suspending production at Straumsvík to minimise losses. Rio Tinto executives have also complained that high power costs have contributed to the company’s losses and are preparing a lawsuit against Iceland’s National Power Company.

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