Word: ores
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Dates: during 1950-1959
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...meet the rapidly expanding demand for borax. U.S. Borax & Chemical Corp., the world's largest borax producer, last week began operating a huge new plant perched on the edge of the crater at Boron, Calif. It will process ore straight from the open-mine pit, thus cut transportation costs, eventually replace facilities elsewhere. U.S. Borax intends to boost production 30% through its $20 million expansion program at Boron, knows now that it will have no trouble selling all it can turn...
...Days. U.S. Borax is only a corporate infant-formed last year by the merger of oldtimers Pacific Coast Borax Co. and U.S. Potash Co. But it has close to a natural monopoly, holds 63% of the free world's deposits, including the only big deposit of sodium borate ore (at Boron), the cheapest and easiest type of the mineral to mine and process. The company's ancestry is the story of borax mining in the U.S. The discovery of borax in a California hot spring in 1856 set off feverish prospecting and mining that eventually made...
...Brayton Polka '58, of Lowell House and Portland, Ore., has been awarded the $50 History and Literature Prize as the junior in the field showing the greatest promise...
...world's richest property holders. Though it is committed to free enterprise, it controls 314 German industrial companies worth well over $1 billion, which it inherited from the Kaisers and the Nazis. These control 90% of the nation's lignite mining, 50% of its. iron-ore mining, 20% of its hard-coal mining plus much of its production of aluminum (70%), lead (42%), zinc (28%), oil (18%) and steel (5%). The state also controls 100% of the German railway (total employment: 500,000) and telegraph systems...
...exports to China, worth $30 million last year (less than 1% of Britain's total exports), would probably double. Japanese exports to China, worth $24 million in this year's first quarter, have about reached the limit unless Peking can ship more and better coal and iron ore to Japan. West Germany, already straining to meet other foreign orders, could not send much more than last year's $37 million in goods to China without reducing exports to the West...