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...dominant producer with even more competition in the future. The burgeoning demand for nickel encouraged new companies to enter the field. Inco was turned down flat this spring by the Quebec government when it asked permission to develop a rich new nickel find in Quebec's Ungava district, but about three dozen other companies have won concessions in the area, including wealthy...

Author: /time Magazine | Title: CORPORATIONS: Competition in Nickel | 7/22/1957 | See Source »

...selling out the province's resources to U.S. investors. Ironically, this was the same accusation that opponents have been hurling at the Liberal government in Ottawa. But on the Quebec hustings the Liberal politicians unblushingly fired it at Duplessis, charging that the big iron-ore project in Ungava and other U.S.-financed enterprises were "giveaways to foreigners." The maneuver boomeranged on the Liberals. It merely drew the voters' attention to the province's vast industrial development and general prosperity in recent years-and gave them one more convincing reason to re-elect Maurice Duplessis...

Author: /time Magazine | Title: CANADA: Still the Champion | 7/2/1956 | See Source »

CYRUS EATON is negotiating with Krupp and Germany's other big steel producers to supply them with iron ore from his enormous Ungava Bay deposits near Quebec's northern coast. German technicians have already surveyed the site, are considering supplying mining equipment and building docks at a deep-water harbor less than 20 miles from...

Author: /time Magazine | Title: Time Clock, Sep. 20, 1954 | 9/20/1954 | See Source »

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...

Author: /time Magazine | Title: CANADA: Ore by '54 | 8/9/1954 | See Source »

...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...

Author: /time Magazine | Title: CANADA: Ore by '54 | 8/9/1954 | See Source »

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