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
The important monazite resources of the world are controlled
politically by three nations: the United States, Great Britain (India)
and Brazil. The deposits of the United States, in normal times,
probably can not be worked successfully in competition with the foreign
deposits without the protection of a high tariff.
COMMERCIAL CONTROL
=United States.=--The widely scattered monazite deposits of the United
States are of importance only during a period of abnormally high prices
or during the restriction of imports from Brazil and India. The known
reserves are small and the deposits will probably never be an important
factor in the world monazite market. As far as the writer knows, all of
the American deposits are controlled by American capital.
The manufacture of thorium nitrate in this country is closely
controlled by two large companies, the Welsbach Co. and the Lindsay
Light Co.; they own the only two commercial plants of any size in the
United States.
All of the manufacturers of mantles in the United States, with one
exception, must obtain their thorium nitrate from one of these two
companies. As these companies supply practically all the thorium
nitrate requirements of England and France, they control the thorium
industry. The only other manufacturer of thorium nitrate in this
country is the Block Co., of Chicago, which uses about 15 tons of
monazite a year, making sufficient thorium nitrate for its own
production of mantles. The Welsbach Co. uses about 1,200 tons of
monazite annually and the Lindsay Light Co. about half that amount.
The Welsbach Co. has contracts for the delivery of monazite, up to its
requirements, from Brazil; the Lindsay Light Co. has obtained all of
its monazite from India.
Most of the processes used, including those used by the Welsbach Co.
and the Lindsay Light Co., are secret. As thorium can be extracted from
monazite in more ways than one, a secret process does not necessarily
mean commercial control unless such a process is in every way efficient
and the company owning it is willing to get into a commercial war.
=Brazil.=--As the Brazilian deposits have for so many years been the
chief source of the supply of monazite, the history of their commercial
control is practically a history of the commercial control of the
monazite industry. About 27 years ago, John Gordon, an American now
residing in New York, found monazite on the coast of Brazil. He brought
large quantities to Hamburg, Germany, and was able to obtain a monoply
of the monazite sand.
At that time the manufacture of thorium nitrate, the principal
product of the monazite sand, was confined in Europe to a few large
chemical firms in Germany and the Welsbach Co. in Vienna. They not
only supplied the European market with thorium nitrate, but also sent
large quantities to the United States. The American Welsbach Co. early
manufactured thorium nitrates from sands mined in the Carolinas, a
protective duty of 6 per cent. making this possible.
Public-domain text, read in full here on John Shaqi.
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