Word: ore
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Dates: during 1950-1959
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...pushbutton ceremony climaxed one of the great hands-across-the-border industrial ventures of modern times. As long as half a century ago, geologists were sure that iron ore lay buried beneath the lichens of barren Ungava, but there seemed no practical and profitable way of moving it from the subarctic wilderness. In 1942 Jules Robert Timmins, Montreal gold-mining magnate, decided to take the challenge. Last week, as he watched the first boatload of Ungava ore leave for the U.S., Jules Timmins, 66, could claim success. "It is the realization of [my] dreams, hopes and plans," he said...
Iron Pockets. It took twelve years, more than $250 million and a labor force that grew to 7,000 men to make Timmins' dreams come true. He raised more than $10 million just to survey the property to prove that the ore was sufficiently high-grade (50% or more iron content) to be attractive to steelmakers. Here and there, like almonds in a chocolate bar, prospectors found pockets of some of the richest iron ore ever mined in North America. They were able to block out 400 million tons assaying nearly 60% iron...
Once he had proved he had a commercial ore body, Timmins had to sell it to the steel industry. He had already formed a partnership with M. A. Hanna Co. of Cleveland and enlisted the help of Hanna's then president, George Humphrey, to promote the Ungava project in the U.S. Steelmen in the U.S. were beginning then to realize how seriously two world wars had depleted the U.S. Mesabi Range. Humphrey and Timmins managed to convince some of them that Ungava could be a new Mesabi. Six steel companies (Republic, Armco, National. Youngstown, Wheeling, Hanna) agreed to finance...
Roads, Docks, Deaths. With ample capital and an assured market, the newly formed Iron Ore Co. of Canada pulled out all the stops to get Ungava into production. I.O.C. President Humphrey coined the slogan "Iron Ore by '54" and geared operations to meet it. A 17-plane airlift flying as many as 96 flights a day began lugging men and freight into the Ungava wilderness to lay out town sites, build power plants and dig ore pits. At a cost of more than 20 lives, a 357-mile private railroad was pushed across rivers and through mountains from Seven...
...whole Ungava production is ready. Soon nine 100-car trains a day will be rolling down from the mines to the Seven Islands docks. Some ore will go by sea to Baltimore and Philadelphia. The rest will go in shallow-draft ships down the St. Lawrence to the steel mills of Cleveland and Pittsburgh and inland Canada. When the St. Lawrence Seaway is ready, oceangoing freighters can do all the carrying. By 1957 about 10 million tons of ore a year will be coming out of Ungava's veins, and the world's mightiest industrial nation need...