Word: metalized
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Dates: during 1950-1959
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Climax also passed on some good news about its overall business to stockholders last week. The company's biggest business is mining molybdenum, the heat-resistant metal (melting point : 4,750° F.) for hardening steel. In 1953, Climax' sales climbed to $38,907,151, 30% better than 1952, and earnings rose from $6,071,519 in 1952 to almost $9,717,000 last year...
FUSION BOOST Another trick available to researchers is to place in the fissionable core a small amount of highly reactive tritium, perhaps mixed with deuterium. Both the isotopes are light gases, and so they can be highly compressed and confined inside the metal. They can also be dispersed through it in some chemical or mechanical way. When the detonator explodes in such a rig, the tritium reacts, turning into helium and raising the temperature of the explosion. Such "fusion-boosted" detonators are much discussed among hydrogen-bomb connoisseurs. The long series of "nuclear devices" that the Atomic Energy Commission tested...
...PONT, which is spending $1,000,000 a year on titanium research, has just passed on the first fruit of its work by cutting the price of basic titanium metal for the first time. New prices: a range of $4.46 to $4.72 a lb. (old price...
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...
...post-Korean sag in metals also severely jolted some metal-exporting foreign countries, and the higher goals may allow some stockpile" purchasing abroad. The Randall Report, the Milton Eisenhower Report on Latin America and the Capehart Report on defense production all recommended increased stockpiling as a sound way of bolstering wobbly foreign economies. Last week the Administration gave one neighbor a lift by agreeing to buy up 100,000 tons of Chilean copper...