Laterite

is one of the resources in Astroneer. It is mined from pink/red deposits and can then be refined in the Smelter to produce Aluminum.

Laterite can be found in caves on Terran as well as on the surfaces and in the caves of: Arid, Barren, Exotic and Radiated.

Trivia
Laterite was called Hematite in one of the developer lets plays.

Media
Laterit Latérite Laterite