Word: magnesium
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...shattered by the impact: its flat motor hood ripped loose and scythed through spectators like a guillotine knife. The heavy engine followed, spewing parts. The first row of the crowd was cleanly decapitated. Twenty yards away, the chassis cut another swath. Gasoline took fire; then the Mercedes' magnesium-alloy body went up in a searing white flame. Levegh's headless corpse was burned to a crisp. A 400-sq. yd. stretch of gay and cheering people became a black, hysterical horror...
...recognize that competition is not just between corporations in one industry; it is also between rival industries, e.g., coal competes with oil and gas. Last week the General Services Administration itself argued this when the Justice Department turned down a GSA plan to sell the Government's biggest magnesium plant to Dow Chemical Co. on the ground that the sale would give Dow a complete monopoly in magnesium. But GSA argued that such a monopoly would not hurt consumers because Dow would be held in check by competition from other metals...
HIGH-GRADE MICA, too costly to mine in the U.S., will soon be made synthetically for the electronics industry. Mycalex Corp. of Clifton, N.J. has found an inexpensive way to make mica of magnesium, aluminum, silicon and fluorine, is ready to swing into large-scale production after successfully operating a pilot plant. Eventually, the process may make the U.S. less dependent on foreign supplies of high-grade mica, 95% of which (about 26 million lbs. annually) is imported from India...
Another reason for boosting stockpiles is that the Administration is being forced to buy up more stocks of copper, lead, zinc, tin, magnesium, tungsten and other metals than it had planned. While the fighting was on in Korea, the Truman Administration encouraged expansion of domestic mineral and metal products beyond normal needs by guaranteeing a market for much of the extra output. The guarantees served their purpose. But when demand slacked off and prices fell, the Administration had to buy up the surplus. It either had to raise stockpile limits or dump excess metals on a shaky market...
...feels the same way about structural metals, such as iron, aluminum and magnesium. Rich and handy ore deposits will be exhausted soon, but there will always be plenty of low-grade stuff. Sea water can be mined for many useful materials, and the same granite that provides uranium can supply nearly every mineral...