Word: katanga
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Dates: during 1920-1929
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...meeting of the Tanganyika Concessions Co. in London, recently, produced considerable valuable information about the future of the Katanga Copper Co. of Africa...
...Katanga copper belt extends east and west for about 250 miles. Hitherto only the easiest veins in this extensive ore body have been mined. Last year, 85,000 tons of copper were produced. But the Company expects to see an output of 160,000 tons by 1928, and ultimately an annual production of between 300,000 and 400,000 tons. To a large extent, the Company's executives believe that the production from Katanga will be cheaper in cost than any other mines in the world, and consequently able to sell on a profitable basis at all times...
...copper industry just now is carefully considering the future in the light of the remarkable Katanga copper properties in Africa. In two years, the latter expect to complete railroad lines to the coast, and will then be ready to flood the world's markets with the cheapest copper known. Meanwhile, the aluminum industry is furnishing the copper trade with stiff competition in several fields wherein the latter has previously had things much its own way. By weight, aluminum is much cheaper than copper, and is being used to an increasing extent in electric transmission, as a heavy saver...
...mines are situated in the district of Katanga, in the Belgian Congo, 1,700 miles from a sea port. Shipments are made via the Benguella Railway and Lobito Bay to Europe. Already a concentrator and electrolytic refinery and a battery of coke-ovens have been provided to work the ores extracted; while a hydro-electric plant and a leaching plant are shortly to be added...
...Katanga copper deposits are owned by a Belgian company-l'Union Miniere du Haut Katanga, incorporated in 1906. This company is in turn controlled by a London company-the Tanganyika Concessions, Ltd.-and a Belgian company-la Societé Générale de Belgique...