Government revenue depends on mineral products being priced and measured accurately.
However, pricing is not always this straightforward. It may be complicated by the different stages of mineral beneficiation, the lack of publicly quoted prices for certain minerals, and adjustments based on the quality or grade of the product.
This is why we will be in Jamaica from July 22 to 24, 2019, hosting a workshop on export valuation within Jamaica’s bauxite industry. We will convene government officials to explore:
- Why bauxite export valuation matters
- Bauxite sales contracts
- Bauxite mining and processing costs
- Bauxite production
We will also take a deeper dive into the geology of worldwide bauxite deposits and major mines around the globe. Officials will have the opportunity to participate in practical, hands-on exercises on bauxite consumption, production costs and transfer pricing, and royalty calculations.