I've answered my own question. The partially concentrated brine would be referred to as the following categories of inventory:
"Raw materials – materials and components scheduled for use in making a product." or "Work in process, WIP – materials and components that have begun their transformation to finished goods."
https://en.wikipedia.org/wiki/Inventory
(Sorry, I don't have a manufacturing or wholesaling background!
)
The View from Space, page-90
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