Word: milled
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Dates: during 1950-1959
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...trebled in size. Last week, Kerr-McGee spread itself still wider. It put together a combine with uranium ore reserves estimated at some 5,000,000 tons on the Colorado Plateau (total U.S. reserves: 30 million tons), worth some $200 million. If Kermac builds a $20 million processing mill next year, it may well become the second biggest (next to Anaconda Co.) uranium producer...
...Senator Robert S. Kerr. As far back as 1951, the company was the first oil producer to decide that uranium, instead of being competitive with oil, was a supplemental and profitable field. In 1952, with $700,000, Kermac bought New Mexico's small Navajo Uranium Co., built a mill at Shiprock, N. Mex., did so well that it has expanded operations to a total of $3.3 million. By spending $100,000 a month for more exploration, it uncovered sizable reserves near Grants, N. Mex., thus became a major producer...
...Texas-Zinc Mineral Corp., uranium subsidiary of Texas Co. and New Jersey Zinc. Fletcher Bronson and family originally bought mine for $1,000 as copper prospect in 1946, once turned down $15 million for it. Texas-Zinc is mum on purchase price, but has already started building processing mill at Mexican Hat to handle ore from Happy Jack and other southeastern Utah mines...
Labor Last. Everywhere, the Russians solicited advice from the visitors, carefully noted their suggestions. So acute is the shortage of labor and hand tools that in one steel mill the Americans saw women carrying heavy materials on a pallet instead of a wheelbarrow. Smith said he told them: "If you were to take the steel from a single giant crane and use it to turn out good wheelbarrows, picks and trowels and then teach people how to use them, it would help you very much...
...hardheaded businessmen, Territory Rice's plans might sound overoptimistic. U.S. ricemen call the 2? per Ib. figure "unrealistic," strongly doubt that Chase can grow, mill and ship rice for anything like that price, also point out that there is no world rice shortage; many rice-exporting nations have actually had surpluses since 1954. Nevertheless, Chase & Co. are convinced that there is an enormous, untapped market for rice in such lands as India, Ceylon, Malaya, Borneo, Indonesia, Japan, even China. While there may be a technical surplus, shipping costs from many exporting nations are so high that millions of consumers...