Bauxite | Geoscience Australia
Comparing export earnings to export volume, it is clear that processed mineral commodities are worth more per unit than raw minerals. Table 5 shows that in 2016, bauxite was worth 42/t whereas alumina was worth 317/t. This is a 7fold increase on the price of alumina; bearing in mind it takes 23 t of bauxite to make 1 t of alumina.