742Electricity baseline for product

#### 742 Electricity baseline for product (1) The electricity baseline for calculating the amount of a liable entity’s exemption in respect of the production of nickel is the following: (a) 9.29 MWh per tonne of 100% equivalent nickel, measured on a dry weight basis, contained in primary nickel products produced from nickel bearing inputs; (b) 6.45 MWh per tonne of 100% equivalent nickel, measured on a dry weight basis, contained in intermediate nickel products produced from nickel bearing inputs that are not subsequently transformed into primary nickel products at the same facility; (c) 2.84 MWh per tonne of 100% equivalent nickel, measured on a dry weight basis, contained in primary nickel products produced from intermediate nickel products that have not been produced at the same facility; (d) 8.89 MWh per tonne of 100% equivalent cobalt, measured on a dry weight basis, contained in cobalt products. (2) The production of nickel mentioned in subclause (1) is nickel that: (a) is produced by carrying on the emissions‑intensive trade‑exposed activity; and (b) is of saleable quality. > Note: Saleable quality is defined in regulation 22C.