Word: alumina
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...ruled on before he can make the final decision: whether to break Alcoa up. Three branches of law are involved: tariff law, patent law, the Sherman Act. The Government's charges were in twelve groups, for different branches of the industry: 1) bauxite; 2) water power; 3) alumina; 4) virgin aluminum, pig and ingot; 5) castings; 6) cooking utensils; 7) pistons; 8) extrusions and structural shapes; 9) foil; 10) miscellaneous fabricated articles; 11) sheet; 12) cables...
...alumina: Since 1903 anyone could use the Bayer process in producing alumina. "It is as free...
...plants will be in Massena, N.Y., the Bonneville Dam region, somewhere in Arkansas. In Arkansas Alcoa will also build a plant to produce 400,000,000 lb. a year of alumina (intermediate step between bauxite ore and the finished metal). The plants (cost: $52,000,000) will be operated by Alcoa under a five-year lease. For its managerial services, Alcoa will get a meager 15% of the profits, the Government the rest...
...make 1,400,000,000 lb. of aluminum a year, the nation will need 2,800,000,000 lb. of alumina (in addition to large amounts used raw by chemical and abrasives industries). With Alcoa's new alumina plant, U.S. capacity will be something over 2,000,000,000 lb. a year. About to be signed with Reynolds is a contract for another alumina plant which will add 200,000,000 lb. To make up part of the remaining alumina deficit, OPM recommended last week that still another 600,000,000 lb. of Government-owned capacity be added...
...Alcoa wastefully ships raw materials and finished products: bauxite from the Guianas and Arkansas to East St. Louis, alumina from there to Vancouver, ingots from Vancouver back to the East, rolled sheets from the East back to California, all costing 2? a lb. for freight alone...