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.

20 AUGUST 2020 AL CIRCLE

South32 reports 16% decline in revenue for the year ended 30 June 2020

EDITED BY : HEENA IQBAL 2MINS READ

South32 reported revenue of US$6,075 million for the year ended 30 June 2020 (FY20), down 16% from US$7,274 million for the year ended 30 June 2019 (FY19).

Underlying earnings before interest, tax, depreciation and amortisation (EBITDA) fell 46% to US$1,185 million for the year ended 30 June 2020 (FY20).

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aluminium

Underlying earnings plummeting 81% to $193 million for the year ended 30 June 2020 (FY20). The company has reported underlying earnings of $992 million for the year ended 30 June 2019 (FY19).

“As the COVID-19 pandemic continues to impact the world, our focus remains on keeping our people well, maintaining safe and reliable operations and supporting our communities through the health crisis. Even as we face this challenge, we delivered a strong operating result, with annual production records at Australia Manganese ore, Hillside Aluminium and Brazil Alumina.

“Given the extraordinary circumstances and volatility caused by the pandemic we have been quick to act to protect our strong financial position. During the year we re-designed and re-prioritised our capital expenditure programs, maintained strong control over our operating costs and suspended our on-market share buy-back.

“Looking to next financial year we are taking further action as we continue to navigate a period of potentially extended market volatility and lower commodity prices. We expect cost efficiencies and further simplification of our Group, combined with higher volumes to result in lower operating unit costs across the majority of our operations.

“Our strong financial position and disciplined approach to capital management has supported the return of US$424 million to our shareholders in respect of the year, including the Board’s resolution today for a US$48 million fully franked final dividend. While our on-market share buy-back remains suspended with US$121 million remaining, it has been extended by 12 months to September 2021, giving us the flexibility to re-commence the program as COVID-19 related operational risks subside and our financial performance improves,” said Graham Kerr, South32 CEO.

The company delivered a strong operating result in FY20 despite the challenging backdrop. While all guidance is subject to further potential impacts from COVID-19, South32 expects to increase production at the majority of its operations in FY21.

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