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.

12 APRIL 2022 AL CIRCLE

Six Californian companies associated to Chinese billionaire Liu Zhongtian penalized with $1.83 billion in aluminium fraud case

EDITED BY : SARNALI CHAKRABORTY 1MINS READ

Six Southern California companies linked to Chinese billionaire Liu Zhongtian were fined $1.83 billion on Monday, April 11. They were fined for conspiring to defraud the US through a scheme in which massive amounts of aluminium were disguised as "pallets" to avoid paying $1.8 billion in customs duties exported to the US. They were further "sold" to fraudulently inflate a China-based company's revenues and deceive investors around the world.

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Perfectus Aluminum Inc. and one of its subsidiaries, as well as four southern California-based warehouses where the aluminium was stored all controlled by Liu were sentenced to pay the fine by US District Judge R Gary Klausner. The firms were also sentenced to five years of probation by the judge.

According to the statement, China Zhongwang Holdings Ltd, Asia's biggest producer of aluminium extrusions, and Liu, the company's former president and chairman, were charged in 2019 but have yet to appear in a US court to face the allegations.

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