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Bauxite

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Factbook F-243161
Bauxite Raw material Metals imported
Production4.21 million t p.a.
Exports0 mg
Value per tonne✦56.2
Revenue✦237 m
Value added✦234 m
Surplus✦157 m
  • Per tonne:
  • Labour ✦0.883 (Sf 2.76)
  • Materials ✦0
  • Capital ✦17.4
  • Energy ✦0.75
  • Surplus ✦37.2

Whole chain per tonne: 0.02 labour hours, 15 kWh.

Formula

A.C. = w0LhSf Labour ✦0.883 Shadow wage w0 ✦16 an hour Γ— Lh 0.02 hours per tonne Γ— skill factor Sf 2.76 Sf for energy: training ✦60,000 against ✦45,000, queue 30 hours against 48 + Ξ£ qiPirΞ»i Materials ✦0 A raw material, with no recipe inputs. + (D + Mo)Ξ±e Capital ✦17.4 Depreciation and maintenance ✦12 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 ✦0.75 E 15 kWh per tonne Γ— pe ✦0.05 per kWh = ✦19

A.V. = rP*world Accounted value ✦56.2 per tonne World price $25 per tonne plus freight and insurance 50% = P* $37.5 Γ— r 1.5 crowns per US dollar Import parity: the price at the Commonwealth border for a good it could otherwise import. Observed abroad, not calculated: a wasteful producer raises only its own cost. = ✦56.2

Revenue = A.V. Γ— Q Accounted revenue ✦237 m p.a. Domestic: 4.21 million t Γ— ✦56.2 = ✦237 m = ✦237 m

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦157 m p.a. Revenue ✦237 m βˆ’ cost ✦19 Γ— 4.21 million t = ✦157 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦157 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Output

Aluminium ✦231 m Final domestic use ✦5.93 m

Made from per tonne

A raw material: no recipe inputs.

Used in p.a.