Political and commercial geology and the world's mineral resources
Science
Political and commercial geology and the world's mineral resources
Geology, Economic; Mines and mineral resources
Formerly the American Vanadium Co. was the only producer of vanadium
products and ferrovanadium in the world. The price of vanadium was then
somewhere around $5.00 per pound for the metallic vanadium content
of the ferrovanadium. Later the Primos Chemical Co. came into the
field, and the American Vanadium Co. cut the price. On account of the
large deposits of ore that the Primos Chemical Co. had in Colorado,
the result was simply a lowering of the price of ferrovanadium.
Undoubtedly, if it were not for this competition the price of vanadium
during that period would have been higher than it was, and if it were
not for the Primos Chemical Co., the American Vanadium Co. would
have had practically a monopoly of the whole vanadium production, as
the output from carnotite was not large enough to affect the market
seriously. As it was, these two companies controlled more than 90 per
cent. of the ore supply, and thus the recent change of ownership to
the Vanadium Products Corporation will enable the latter to fix the
price, as well as to regulate the consumption and thus prolong the
availability of a useful metal which otherwise would be likely to soon
become exhausted. The principal vanadium deposits of Chihuahua, Mexico,
are controlled by the Madero estate (Mexican).
This dominance of control of sources of supply has made control through
ownership of reduction plants, patents and secret processes of less
importance.
CHAPTER IX
ANTIMONY
BY H. G. FERGUSON AND D. A. HALL
USES OF ANTIMONY
The following summary of the _uses of antimony_ is taken from _Mineral
Resources of United States_, 1918.[90]
[90] BASTIN, E. S.: “Antimony in 1918,” _Mineral Resources of the
United States_, 1918. U. S. Geol. Survey, 1919.
Peace uses.--Metallic antimony unalloyed has few industrial uses.
In the form of fine powder, known as “iron black,” it is used for
producing the appearance of polished steel on articles made of
papier-maché or pottery. For these purposes it is precipitated by
the action of metallic zinc in an acid solution of antimony salts.
Antimony alloys readily with most heavy metals and the alloy is
harder than the two pure metals. Most of these alloys possess the
property of slight expansion on solidifying. Type metal is an alloy
of antimony, lead, and tin; babbitt, anti-friction, or bearing
metal is usually an alloy of antimony, tin, and copper. Britannia
metal, also known as “white metal,” is an alloy of antimony, tin,
and copper, with some zinc, and, rarely, small quantities of other
metals. It is used in making cheap domestic tableware, teapots, and
spoons. Antimony alloys find minor utilization in battery plates,
toys, cable coverings, and siphon tops. Lead-antimony alloy or hard
lead is used in making acid-resisting valves.
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