Word: tungsten
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...molybdenum (used to harden steel for cutting tools) has come from a single mine at Climax, Colo.; the U.S. produces 90% of the world's high-grade sulphur, is the largest producer of copper, exports more cotton than any other country. But in other materials, notably metals like tungsten and cobalt, the U.S. is a comparatively big user and small producer...
...World % of 1950 1950 % of Production Production total consumed Commodity (in tons) in U.S. in the U.S. Copper . . . . . . . . . 2,741,776 41% 50% Lead . . . . . . . . . . . 1,700,000 34 51 Zinc . . . . . . . . . . . . 2,010,048 45 50 Manganese . . . . . 3,375,000 5 50 Tungsten . . . . . . . 8,816 22 35 Cobalt . . . . . . . . . . 6,500 14 63 Nickel . . . . . . . . . . 170,000 ½ 50 Molybdenum . . . . 15,680 90 83 Wool . . . . . . . . . . . 4,000,000 (lbs.) 3 16 Cotton . . . . . . . . . . 31,400,000 (bales) 52 29 Natural Rubber...
...their light tank, agreed on 400 other items, including 8-in., 75-mm. and 240-mm. howitzers, fuel, lubricants, electric voltage systems.* ¶The U.S. reassured its NATO allies about raw material shortages (other NATO members have long been worried about heavy U.S. stockpiling). Most serious of the shortages-tungsten, molybdenum, cotton, sulphur-brought Britain's Lord Privy Seal, Richard Rapier Stokes, to Washington last week. U.S. officials promised that the,U.S. would share its raw material reserves with its allies, consider their needs on an equal basis with U.S. industry...
...even doubled. In 1951, it will not exceed 5,000 planes (about the 1939 rate) v. World War II's peak of 96,318 (see chart). Engines are the bottleneck, and there are two main reasons: shortages of machine tools and of critical metals (cobalt, columbium and tungsten). Moreover, engines are so much bigger and more complicated than World War II's that it takes more time, more skill and three times more labor to build them...
These problems are grave. Three million North Korean refugees have crossed, the 38th parallel and are a severe drain on the South Korean economy. Agricultural production is one-half of normal. No coal mines are in operation. Tungsten production (once a major source of revenue) has decreased to almost nothing. Some textile mills are humming, but their entire production goes to ROK troops. Inflation has raised the price of consumer goods to ten times last year's price...