Word: aec
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Dates: during 1950-1959
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...AEC also has earmarked $8,750,000 for foreign atomic development this year and next. But AEC grants are held to $350,000, and limited to research reactors (estimated cost: $1,000,000 to $3,000,000). Ex-Im will lend larger amounts for either research reactors or power reactors. Several non-Communist nations and U.S. manufacturers already are discussing terms with the bank, which expects to make its first loan by Christmas...
ATOM-POWER FIGHT, starring public-v. private-power champions, will have a showdown at AEC public hearings next month. Argument will center on safety of "fast-breeder" reactor plant being built by Detroit Edison-led private combine near Monroe, Mich. Public-power proponents want AEC to halt "unsafe" Monroe project, favor government development of "fast breeder," which is reactor type with most economic promise...
...AEC's scientists are not, presumably, thinking about space flight, which envisions a human crew that must not be subjected to radiation. Missiles, which are "uninhabited." should prove simpler to propel by nuclear power. With no crew, they will need no shield, and they can start on their journeys even more suddenly than artillery shells...
Knowledge of nuclear reactions has increased enormously in the last few years. Possibly AEC's scientists hope to develop an atomic explosive that exerts much of its force in one direction, as a "shaped charge" does. Such a charge might propel a missile without destroying it. The chances are, however, that the AEC rocketeers are using classified principles that laymen cannot even guess about...
...COMPANIES are starting to strike it rich in uranium. Phillips Petroleum Co. has uncovered high-grade ore body with estimated 1,500,000 tons of ore on 1,280-acre lease previously shared with Holly Minerals Corp. near Grants, N. Mex., has started talks with AEC to construct processing mill...