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.

03 SEPTEMBER 2018 AL CIRCLE

Vedanta can turn into one of the world’s largest resource companies: Says the new CEO Srinivasan

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

According to the new Vedanta CEO Srinivasan Venkatakrishnan’s statement shared with PTI in an interview, the firm (oil-to-aluminium group) holds a huge potential to become one of the world’s largest resource companies by expanding outside India without compromising on growth within the country.

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Venkatakrishnan, a highly regarded mining executive who worked at AngloGold, one of the world’s biggest gold producers, for 18 years, has taken over as the chief executive officer of Vedanta Resources on August 31, replacing Tom Albanese, the former head of Rio Tinto.

The 53-year-old wants to give it back to India by building the company into a giant producer of commodities, create jobs, and reduce poverty.

"If you look at diversified companies, they come with a bright and strong heritage. Vedanta has a strong heritage in terms of India. Exxon has roots as an American company, BP as a UK company. Likewise, Vedanta starting its root in India I believe can actually grow broader than India without compromising the growth in India, looking elsewhere as well and becoming one of the largest resource companies. I believe this is possible," said Srinivasan.

He further opined the company already demonstrated its potential in terms of the growth trajectory in the past few years. Now the goal is to invest in the more local production of all commodities. In the next two-and-a-half years, the firm is likely to invest US$ 8 billion, according to the report, which would be bigger than what miners like Rio Tinto Group and Anglo have pledged to spend over a similar period.

Expressing gratitude towards Srinivasan, mining mogul Anil Agarwal, who controls Vedanta, told PTI “I am very pleased that he has joined. Everybody knows about him," adding, he is a widely respected business leader in the global resources space and has a strong record managing a complex portfolio of operating assets and projects across Africa.

Venkatakrishnan too communicated his excitement to PTI for joining Vedanta and said "I am hugely excited in joining Vedanta. Certainly what Mr. Agarwal has achieved by building this group into multi-commodity resource company which is not just one of the biggest in India but competing at world stage has been phenomenal and has attracted me hugely to it."

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