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AMAK INVENTORIES
 12 Months Ended
Dec. 31, 2018
Inventory [Line Items]  
INVENTORIES
INVENTORIES
Inventories include the following at December 31:
 
2018

 
2017

 
(thousands of dollars)
Raw material
$
4,742

 
$
3,703

Work in process
173

 
27

Finished products
11,624

 
14,720

 
 
 
 
Total inventory
$
16,539

 
$
18,450


Inventory serves as collateral for our amended and restated loan agreement with a domestic bank (see Note 12).
Inventory included products in transit valued at approximately $4.1 million and $3.7 million at December 31, 2018, and 2017, respectively.
AMAK  
Inventory [Line Items]  
INVENTORIES
Inventories
Inventories consisted of the following at:
 
December 31,
 
2018

 
2017

Ore concentrates
17,020,657

 
12,118,132

Stockpile ore
19,134,297

 
9,417,626

Precious metal dore
2,159,192

 
—

Explosives
1,134,728

 
485,668

Chemicals and other
6,422,246

 
5,205,506

 
 
 
 
 
45,871,120


27,226,932


As discussed in Note 2, we can receive advances on a pre-export basis on our mill stockpiles.