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.

04 NOVEMBER 2020 AL CIRCLE

Sarmin Bauxite sells 75% of its shares to Lindian Resources in exchange for 30.67 million new Lindian shares

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Julien Balkany, the Vice-Chairman of the Board of Directors at Sarmin Bauxite Limited, confirmed that it entered into a definitive investment agreement with Lindian Resources of Australia on September 23, 2020. The agreement represents the sale of 75 per cent of shares of Sarmin Bauxite to Lindian Resources. In return, Sarmin Bauxite will receive an allotment of 30.67 million new Lindian shares. Sarmin Bauxite holds the Lelouma bauxite permit with significant resources, located in the Republic of Guinea, West-Africa.

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With the public announcement of the news on November 3, Lindian Resources saw its shares closed 40 per cent higher on the Australian Securities Exchange. The company even saw its shares surged over 60 per cent at some point during the trading session.

Lindian Resources is well known for specializing in high-grade bauxite sites across Eastern and Western Africa. Acquiring the Lelouma bauxite permit, Lindian Resources expands further into the global bauxite resource market.

Julien Balkany said: "Sarmin Bauxite is very enthusiastic about this landmark transaction and our new partnership with Lindian Resources that will see the development of the Lelouma mining activities moving forward."

Within the twelve months of the completion of the definitive feasibility study, Sarmin Bauxite's shareholders may sell to India their remaining 25% stake in exchange for a 1% overriding royalty. Until then, Sarmin shall benefit from a full, free carried interest on all mining activities related to the Lelouma Mining Project.

Marc Senges, the Chief Executive Officer of Sarmin, said: “Sarmin Bauxite is extremely pleased to have reached this win-win agreement with Lindian that perfectly suits all parties' ambitions. We are very confident that Lindian has the technical and operational capabilities along with the depth of expertise and vision to advance further the Lelouma Project. We are also thrilled to retain direct and indirect exposure to the Lelouma Project through our shareholding into Lindian and our free carried interest that could be converted into royalty at a later stage."

The transaction between Sarmin and Lindian Resources is expected to close within the upcoming months, subject to customary conditions precedent, including the final approval of the Guinean Government and Lindian shareholders.

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