The Economic Aspect of GeologyLeith, C. K. (Charles Kenneth)
Science
The Economic Aspect of Geology
Leith, C. K. (Charles Kenneth)
Geology, Economic
The annual production of ore from a given district is roughly a measure
of that ore's ability to meet the competitive market, and therefore, of
its actual immediate or past availability. Annual production is the net
result of the interaction of all of the factors bearing on availability.
It may be argued that there are ores known and not yet mined which are
also immediately available. On the whole, they seem to be less available
than ores actually being produced; otherwise general economic pressure
would require their use and actual production.
In considering the future availability of iron ores, it is obvious that
tables of past production afford only a partial basis for prediction.
Presumably districts which have produced largely in the past may be
expected to continue as important factors. In these cases production has
demonstrated availability. Continued heavy production may thus be
expected from the ores of the Lake Superior region, from the Clinton
hematites of Alabama, from the ores of the Lorraine-Luxemburg-Briey
district, from the Cleveland ores of England, from the Bilbao ores of
Spain, from the high-grade magnetites of northern Sweden, and (assuming
political stability) from the ores of southern Russia.
Similarly, also, recent increases in production from certain districts
are probably significant of increased use of such ores in the future.
Among these developments are the increasing production of Swedish ores
and their importation into England and Germany, and the increasing use
of Clinton hematites and Adirondack magnetites in the United States.
Low-grade ores from the great reserves of Cuba are being mined and
brought to the east coast of the United States in increasing amounts,
and it is highly probable that they will take a larger share of the
market. A similar project in Chile, which lay dormant during the war
because of restricted shipping facilities, is expected in the near
future to yield important shipments to the United States. In none of
these cases will production be limited in the near future by ore
reserves. Increased production and use of iron ores are also to be
looked for in Newfoundland, North Africa, China, India, Australia, and
South Africa.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account