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 JUNE 2020 AL CIRCLE

Saudi Arabia moving to build a non-oil economy, bauxite mining to play key role

EDITED BY : RUPANKAR MAJUMDER 1MINS READ

On 9^th June’20, Saudi Arabia’s cabinet has approved a new mining law that has an objective to accelerate foreign investment in the sector as part of efforts to diversify its economy away from hydrocarbons.

Saudi Arabia to build a non-oil economy

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Bandar Alkhorayef, Minister of Mining and Industry said: “The new law facilitates investor access to financing and supports exploration and geological survey activities.”

He also added: “This will help attract local and foreign investors and eventually raise mining sector participation in gross GDP.”

Saudi Arabia to build a non-oil economy

The Saudi government targets to more than triple this sector’s contribution to the nation’s economic output and to create more than 200,000 direct and indirect jobs in the sector by 2030.

The Kingdom’s effort to build an economy that does not largely depend on oil and state subsidies involves a shift towards mining vast untapped reserves of bauxite and other minerals.

The energy ministry evaluates the kingdom’s unused mineral resources to be valued at 5 trillion riyals ($1.33 trillion).

In April’20, the cabinet approved setting up a state-owned, joint-stock company for mining services.

Currently, Saudi Ma’aden is the kingdom’s sole miner. In recent years it expanded into the production of aluminium and phosphates. It is 65% owned by the kingdom’s Public Investment Fund.

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