688Electricity baseline for product

688 Electricity baseline for product

(1) For the production of copper cathode from concentrated mineralised copper compounds, the electricity baseline for calculating the amount of a liable entity’s exemption is 1.69 MWh per tonne of copper cathode that: (a) has a concentration of copper greater than 99.90%; and (b) is produced by carrying on the emissions‑intensive trade‑exposed activity; and (c) is not transformed into copper cathode as part of the transformation mentioned in paragraph 686(1)(b); and (d) is of saleable quality.

Note: Saleable quality is defined in regulation 22C.

(2) For the production of copper anode from concentrated mineralised copper compounds, the electricity baseline for calculating the amount of a liable entity’s exemption is 1.31 MWh per tonne of copper anode that: (a) has a concentration of copper: (i) equal to or greater than 99.00%; and (ii) equal to or less than 99.90%; and (b) is produced by carrying on the emissions‑intensive trade‑exposed activity; and (c) is not subsequently transformed into copper cathode as part of the transformation mentioned in subparagraph 686(1)(a)(i); and (d) is of saleable quality.

Note: Saleable quality is defined in regulation 22C.

(3) For the production of copper cathode from copper anode, the electricity baseline for calculating the amount of a liable entity’s exemption is 0.387 MWh per tonne of copper cathode that: (a) has a concentration of copper equal to or greater than 99.90%; and (b) is produced from copper anode that was not produced as part of the transformation mentioned in subparagraph 686(1)(a)(i); and (c) is produced by carrying on the emissions‑intensive trade‑exposed activity; and (d) is of saleable quality.

Note: Saleable quality is defined in regulation 22C.