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MarkP's avatar

For Metro, In case you are trying to calculate sale price of the bauxite. From what I understand they have high temp bauxite which trades at a discount to the West Australia prices. So you can expect the price to be a bit below what is quoted. I dont think they come out and say what that discount is....just that there is one. I think its about 5-10$ cheaper tho.

AlmostMongolian's avatar

I know there is a discount. I remember hearing it was 2$, but not sure about that. Using 5-10$ is likely safer. Better to underestimate than overestimate your investment and see of it's still an attractive opportunity.