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.

22 NOVEMBER 2017 AL CIRCLE

Secondary aluminium producer Real Industry U.S. files for bankruptcy; awaits DIP financing

EDITED BY : BEETHIKA BISWAS 2MINS READ

On November 17, 2017, Real Industry and its U.S. subsidiaries have filed for voluntary bankruptcy. The company also confirmed that they received interim approval from the U.S. Bankruptcy Court for all of the “first day” motions related to their filings. The secondary aluminium producer expects to continue with its operations with grants from the Court on an interim basis. The grant gives authority to the Company and Real Alloy to make payments to suppliers and service providers as well as to pay employees wages, salaries and benefits during its reorganization effort under Chapter 11.

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Real Alloy expects to get approval for $110-million asset-based lending facility and up to $85 million through debtor-in-position (DIP) financing. These funds - combined with income generated from ongoing operations - will be used to support Real Alloy’s normal operating and working capital requirements.

“We have received commitments for up to $195 million for debtor-in-position financing. Upon court approval, this DIP financing will provide us with greater financial flexibility and sufficient liquidity to meet...” a company executive said.

“With the DIP financing also approved today, we have begun making payments to scrap suppliers and service providers that support our facilities,” said Terry Hogan, President of Real Alloy. “The Court’s approvals today are a significant step toward rebuilding our capital structure,” he added.

The Court has set a hearing date of December 19, 2017 for final approval of the DIP financing. It is to be noted that Real Alloy’s European, Mexican, and Canadian operations and Goodyear, Ariz. joint venture are supported by their own cash flows and are not part of the bankruptcy filing. Operations in these locations continue as usual.

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