AMAK Inventories

12 Months Ended

Dec. 31, 2020

Inventory [Line Items]

AMAK Inventories

INVENTORIES

Inventories include the following at December 31:
	2020		2019
	(thousands of dollars)
Raw material	$	2,580	$	2,100
Work in process	138		142
Finished products	10,227		11,382
Total inventory	$	12,945	$	13,624

Inventory serves as collateral for our amended and restated loan agreement with a domestic bank (see Note 13).

Inventory included products in transit valued at approximately $3.6 million and $2.9 million at December 31, 2020 and 2019, respectively.

AMAK

Inventory [Line Items]

AMAK Inventories

Inventories

Inventories consisted of the following at:
	September 30,	December 31,
	2020	2019
Stockpile ore	15,623,461	18,657,218
Ore concentrates	20,557,020	6,294,948
Precious metal dore	2,235,799	4,490,589
Explosives	484,169	326,599
Chemicals and other	6,117,375	5,507,986
	45,017,824	35,277,340