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Bauxite is worth about $20-60 per ton, depending on its contents. It is the most important aluminum ore. Ore that yields more aluminum has a greater value. Australia is the world's top producer of Bauxite, meeting almost a third of the world's requirements.
3) What is the 2001 cash conversion efficiency? 4) How long is the 2000 cash conversion period? 5) What is the 2001 sustainable growth rate? 6) Torque Manufacturing forecasts that its production will require 500,000 tons of bauxite over its planning period. Demand for Torque's products is stable over time. Ordering costs amount to an average of $20.00 per order. Holding costs are estimated at $1.25per ton of bauxite.