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Aluminium

Aluminium Tier 1 Metals
Production913,300 t p.a.
Exports210,800 t
Value per tonne✦1,307
Revenue✦1.19 bn
Value added✦414 m
Surplus✦14.3 m
  • Per tonne:
  • Labour ✦30 (Sf 2.34)
  • Materials ✦253
  • Capital ✦363
  • Energy ✦600
  • Surplus ✦61

Whole chain per tonne: 0.89 labour hours, 12,070 kWh.

Formula

A.C. = w0LhSf Labour ✦30 Shadow wage w0 ✦16 an hour Γ— Lh 0.8 hours per tonne Γ— skill factor Sf 2.34 Sf for industry: training ✦45,000 against ✦45,000, queue 20 hours against 48 + Ξ£ qiPirΞ»i Materials ✦253 Bauxite: 4.5 t Γ— $25/t Γ— r 1.5 Γ— border 1.50 Γ— Ξ» 1.00 = ✦253 + (D + Mo)Ξ±e Capital ✦363 Depreciation and maintenance ✦250 per tonne Γ— financing 1.45 Γ— waste factor Ξ±e 1.00 Financing is interest at 6% on equipment's average value over a 15-year life. Ξ±e is 1.00 when maintenance hours and defects are on target. + Epe Energy ✦600 E 12,000 kWh per tonne Γ— pe ✦0.05 per kWh = ✦1,246

A.V. = rP*world Accounted value ✦1,307 per tonne World price $900 per tonne less freight and insurance 3.22% = P* $871 Γ— r 1.5 crowns per US dollar Export parity: the price at the Commonwealth border for a good it sells abroad. Observed abroad, not calculated: a wasteful producer raises only its own cost. = ✦1,307

Revenue = A.V. Γ— Q Accounted revenue ✦1.19 bn p.a. Domestic: 702,500 t Γ— ✦1,307 = ✦918 m Exports: 210,800 t Γ— ✦1,307 = ✦275 m = ✦1.19 bn

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦14.3 m p.a. Revenue ✦1.19 bn βˆ’ cost ✦1,246 Γ— 913,300 t = ✦55 m Export charges ✦41.3 m: 15% of export revenue (federal levy and permit fee) Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦14.3 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Made from per tonne

  • Aluminium1 t✦1,307

Used in p.a.