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.

15 JUNE 2021 AL CIRCLE

Rusal to participate in the buyback of Nornickel shares for raising additional funds

EDITED BY : DEBANJALI SENGUPTA 1MINS READ

Leading global aluminium producer Rusal has applied to participate in the buyback of Nornickel shares, the world’s largest palladium and high-grade nickel producer and also a major producer of platinum and copper.

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Rusal is willing to participate in the repurchase of Nornickel shares to raise additional funds for financial its own investment programme. The Russian company is presently completing the construction of the Taishet aluminium smelter and preparing to rebuild the Krasnoyarsk, Irkutsk, Novokuznetsk and Bratsk aluminium smelters, which will require a capital investment of about US$5 billion to complete.

The exact amount of Nornickel shares that will be repurchased by Nornickel from Rusal will be determined once the procedure is complete. Rusal expects that its stake in Nornickel will remain above the blocking stake (25%+1 share).

Deputy General Director Maxim Poletaev commented: “Share buybacks, as well as dividends, are a form of profit distribution among shareholders. This year, as suggested by Nornickel’s management team, the Company's final dividends for 2020 were reduced. However, thanks to the share buyback, the amount of funds distributed among the shareholders of Nornickel will be close to the dividend payments for 2019.”

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