Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

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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 JANUARY 2017 AL CIRCLE

UAE serves Indian govt arbitration notice for failing on bauxite supplies for Andhra alumina project

EDITED BY : DIPANWITA GUPTA 2MINS READ

The UAE Ras Al-Khaimah Investment Authority (RAKIA) has served an arbitration notice to the Indian government seeking a hefty compensation of US$44.71 million for a bauxite and alumina supply agreement that was signed for a planned project in south India. The notice served mentioned the option for the Indian government to fulfil the supply agreement on an immediate basis. The arbitration sought by the UAE government through RAKIA falls under the existing Bilateral Investment Protection Agreement between India and UAE, stated a release by the India Mines Ministry.

The dispute between Indian government and RAKIA stemmed from the memorandum of understanding (MoU) that was inked between India's state government of Andhra Pradesh and the government of Ras Al-Khaimah, part of UAE, for the construction of an alumina refinery in the region. As per the memorandum, Andhra Pradesh Mineral Development Corporation (APMDC) was supposed to supply bauxite to Anrak Aluminium- a joint venture of RAKIA (70%) and India’s Pennar Group (30%). However, the southern state, in spite of being endowed with 3.4 billion tonnes (18% of India's total) bauxite reserves could not mobilise the resource for implementing the alumina project, the reason being rising environmental activism and violence in the state.

News
The Andhra government, in 2015, had given consent for bauxite mining across 1,212 hectare of forest land in the state. However, in the face of severe socio-political opposition, it had to revoke its decision within a few months. Since, then the Anrak Aluminium project has not made any progress whatsoever. The compensation amount claimed by RAKIA in the arbitration is equivalent to the investments made by the authority in the implementing company, ANRAK.

A total investment of about US$1.02-billion was planned for the alumina refinery project in Andhra.

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The uncertainties over bauxite mining and supplies have hurt the prospects of yet another planned aluminium project in the state. A $2-billion-worth aluminium project conceived by JSW Steel in 2007 also went into a limbo after the state government failed to arrange for steady bauxite supplies for the project.