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Chapter 2. Production and Processing of Aluminum
Bauxite occurs mainly in the tropics and in some Mediterranean countries. Today, the main mining locations are in Latin America, Australia, India, and Africa. Bauxite is a weathered rock containing two forms of hydrated aluminum oxide, either mostly a monohydrate AlO(OH) in caustic bauxite, or mostly a trihydrate Al(OH) 3 in lateric bauxite.
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Bauxite Dependency: Roots of Crisis | NACLA
First, it was not easy to establish a market price for bauxite ore upon which to base taxation. Because each company owned all three stages of production mining, refining and smelting bauxite was never offered on the market; rather it was "sold" by subsidiary to parent company for a "transfer price" established by the company itself.
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