Word: copper
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Dates: during 1930-1939
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Germany's great electrical concern, Siemens & Halske, has another use for the hundreds of pounds of beryllium which it has made. Alloyed with copper, it increases the conductivity of electric wires by nearly...
...Chile Nitrate Co. According to the terms of a bill passed in the Chilean legislature and already agreed to by 91% of the producers, the Chilean government owns 50% of the trust's 300,000,000 shares. The Guggenheim interests, which dominate Chilean nitrates as they dominate Chilean copper, will hold the largest block of the remaining 50%. The present export tax on nitrate, which brought in $30,000,000 revenue last year, will be abolished, and the government will take dividends instead. This will probably mean less revenue for the government, lower overhead For the producers, who must...
...Nature's aid in recent years, however, has come a deus ex machina: U. S. capital and U. S. industrial methods in the persons of the four potent Brothers Guggenheim. Originally focused on Chile by copper, their gaze wandered in 1924 to nitrates. Their key company, Anglo- Chilean Consolidated Nitrate Corp., has bulked larger and larger in the industry. Last fall it clinched its leadership by buying control of Lautaro Nitrate Co. Ltd., biggest producer of Chilean nitrate. Even before that, however, the Guggenheims had started their Oficina Maria Elena Plant working in 1926 with the epochal Guggenheim Process...
...plant it is boiled in small tanks to leach out the nitrate, which is then run off as liquor and dried into commercial form. The Guggenheims were not en- thusiastic about the Shanks process. Undoubtedly they thought of Daniel Cowan Jackling and his mass production methods in copper mining (TIME, April 28). They set a staff of engineers and scientists to work. They applied their process in 1926, had it running at full speed in the Oficina Maria Elena plant by 1928, saw Maria Elena production rise until today it is by far the biggest producing unit in the industry...
...Guggenheim Process starts out with electric shovels, progresses through concrete tanks with 7,500-ton capacity to mechanical refrigeration and centrifugal driers. Like the Jackling copper process, it permits the use of much lower grade ores-as low as 8%, which is less than half the minimum required by the Shanks process. It cuts labor costs 75%, fuel costs 72%. It means that mass produc- tion has come to Chilean nitrate, that the Guggenheims are even more the masters of the show. For the new Chile Nitrate Co. into which the entire industry has been merged will use the Guggenheim...