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By J. M. Stuve

Low temperature and high-temperature calorimetric measurements were made by the Federal Bureau of Mines on high-purity samples of Re02(s) and Re03(s) to determine heat capacities and enthalpies. The temperature range of heat capacity measurements was 5 to 310 K for Re02 and 8 to 309 K for Re03. High-temperature enthalpy measurements alone were determined for pure Re207(s,1). The derived standard entropies are S°298 = 11.43±0.01 cal/deg mole for Re02(s) and S298 = 16.55±0.02 cal/deg mole for Re03(s). High-temperature enthalpy equations expressed in calories per mole are as follows: Re02 (s) , H-H298.15 = 16.002T + 1.600 X 10-3T2 + 3.522 X 105T-1 - 6,095 (298 to 1,400 K); Re03 (s) , H-H298.15 = 20.293T + 3.238 X 10-3T2 + 3.950 X 105 T-1 - 7,664 (298 to 1,000 K); Re207 (s) , H-H298.15 = 38.437T + 10.309 X 10-3T2 + 4.315 X 105 T-1 - 13,824 (298 to 413 K); Re207 (s) , H-H298.15 = 30.181 + 17.713 X 10-3T2 - 10,612 (413 to 600 K) ; Re207 (1) , H-H298.19 = 66.101T - 10,092 (600 to 700 K). Gibbs energy of formation (?Gf°) data and related functions over the temperature ranges investigated are tabulated for the three oxides.

Jan 1, 1976

"HPGRs operate in a wide array of applications in mining and minerals. These range from relatively coarse crushing of copper and gold ores at one end of the spectrum to the processing of fine iron ore pellet feed and fine industrial mineral products at the other. Traditionally these circuits involve the treatment of relatively moist materials in pre-grinding circuits; using single stage HPGRs in open circuit or as a closed circuit operation with screening or partial product recycle. More recently, HPGR is increasingly deployed in dry grinding in combination with air classification. The high throughput demonstrated by larger HPGRs has stretched the application towards coarser size reduction duties for a number of new projects. At the same time, the basic principle of inter-particle crushing for generating a product with a high fines proportion gives ground to investigate applying the technology further towards finished product duties. The advantages that HPGR brings are clear. Multi Stage grinding enables energy efficient size reduction across more of the comminution circuit. Primary HPGR serves for a coarse grinding duty, whereas a secondary HPGR is geared towards generating a fine product for downstream processing or even a finished product. This publication summarizes some of the features of staged HPGR circuits and discusses some examples of operating and projected applications.INTRODUCTION In most HPGR applications, the grinding units are used as a single process stage, either in open circuit, such as for pebble crushing [Rose 2002, Westermeyer 2000, Van der Meer 2015] or in closed circuit with classification [Van der Meer 2009, 2012] or product recycling [Van der Meer 2010]. Where a higher plant capacity is required, the HPGRs are commonly installed in multiple lines in a parallel arrangement [Parker 2005, Koski 201, Vanderbeek 2006]. HPGRs can take a wide range of feed size distributions, and grind this down to a product with a high fines content. In general view, there is a limit on the size reduction range that even an HPGR can provide. Grinding down from a very coarse ore (e.g. 70-100 mm) to a very fine product (e.g. 100 microns range) is stretching the ability of a single stage HPGR circuit. Fine grinding generally requires a classification stage that returns the classifier oversize to the head of the HPGR circuit. From one point of view, it can be demonstrated that when recycling a large proportion of fines and middlings back to the HPGR feed results in an effective feed with an overrepresentation of middlings and fines, which will eventually reduce the grinding efficiency and consequently result in an increased recirculation mass flow [Van der Meer 2014]. From another point of view the large recycling mass puts a strain or even a limit on the capacity of present-day conveyor capacity."

Jan 1, 2018

THE developments in construction and operation of the basic open-hearth furnace that have taken place in recent years have placed new emphasis on the vital influence played by regulation and control of the combustion system in both furnace production and furnace life. The several factors influencing flame development, such as regulation of fuel supply, air supply, air preheat, furnace draft, and furnace reversal, must be controlled closely if successful furnace performance is to be accomplished. Rugged instrumentation of distinctive design is required to sup- ply dependable information concerning operating conditions, which is requisite to proper regulation of combustion. This chapter attempts to give a practical discussion of the various features of open-hearth practice and instrumentation related to the efficient heating of the furnace, control of temperature, and protection of the furnace structure from accidental overheating. The appended references will be helpful to readers wanting a more detailed treatment of individual topics. OPEN-HEARTH FUELS The most important open-hearth fuels are listed in Table 4-1 together with their compositions and other data useful for combustion calculations. A detailed discussion of open-hearth fuels is not attempted here, but certain factors peculiar to their application to this type of process are briefly indicated on the following pages. Very often an open-hearth shop is forced by economic factors to use a fuel to which its furnaces are not very well adapted, because the general fuel-allocation scheme for the works as a whole seems to demand it. Often a variable marginal supply of coke-oven gas or tar must be consumed by the open hearth, together with another fuel such as producer gas, natural gas, or oil, to fill out total requirements. Most furnaces employ more than one kind of fuel during their useful life; however, the partial redesign

Jan 1, 1964

By K. F. Unrug

Extrapolation of the rock properties obtained from the cores exploration holes to the surrounding areas often causes problems because of frequent sudden changes in the geologic composition of strata. To address this problem, the author has been developing a method of rapid strength testing "in situ," with application of a borehole penetrometer. This method, as opposed to conventional laboratory testing, does not require rock samples to be retrieved and handled/machined before testing. The results are generated by strength determination on the wall of a drill hole at a site. The newest development is a borehole penetrometer that requires only a 1.38.mm (1.5 in) diameter hole. The small diameter of the penetrometer body allows for drilling test holes with production mine equipment such as roof bolters. It opens the possibility of broad application in coal mines, as well as in hard rock mines and tunneling. The principles of the apparatus are described and are illustrated with examples of its applications.

Jan 1, 1999

By G. C. Milligan

"A regional mapping program, conducted by the Nova Scotia Department of Mines, has shown that the George River Group of pre-Middle Cambrian rocks consists of a wide range of sedimentary and volcanic rocks, intruded by syenite, granite, granodiorite and lesser amounts of gabbro and diorite. Together, these rocks support the high ground of northern Cape Breton Island. Over this large area, the metamorphic grade ranges from low to extremely high.The rocks were folded prior to emplacement of the intrusions in Middle Cambrian time, and there was also post-Mississippian disturbance and faulting, but the structural history and pattern are still only imperfectly understood.Sulphide mineralization is known at Meat Cove, Lime Hill and in a number of smaller deposits. The most Cavour-able host rocks appear to be magnesian Iimestone, or schists derived from shales. Ail known sulphide bodies have an associated halo of retrograde metamorphism; in some cases, this is extensive enough to be used as a prospecting aidA vein of nickel-bearing sulphides has recently been re-discovered in the former gold mine at Second Gold Brook-an association which appears to be unique."

Jan 1, 1971

By J. Fastle, M. Weinstock

The block cave mining method utilized by PT Freeport Indonesia (PTFI) generates fines and allows the inflow of water. Both constituents have contributed to unfavorable characteristics: an increase in ore material plasticity and fluidity. Unfavorable material needs to be monitored and managed as it passes from intermediate ore stockpiles through feeders and then to milling operations. We describe an implementation of several Video Data Analytics (VDA) algorithms on smart cameras to quantify the potential fluidity and plasticity by measuring the apparent velocity and agglomeration of material flowing through ore feeders. This approach to VDA on smart cameras is a cost effective, self-contained, solution to identify these unfavorable characteristics. The solution allows the operators to manage the related operational risks, maintain safe production and govern feeder rates when material is unfavorable, which is expected as PTFI proceeds deeper into the underground orebody

Mar 2, 2022

By R. D. Beard

Puerto Rico lies within the remnants of a deformed Cretaceous island arc system in the northeastern Caribbean. The Island can be divided into three broad geologic provinces: the Central Volcanic-Plutonic Province (Lower Cretaceous to middle Eocene), and the Northern and Southern Limestone Provinces (early Oligocene to middle Miocene). Known precious metal deposits are generally small and occur in veins and shear zones within Lower and Upper Cretaceous volcanic and plutonic rocks. Some Tertiary igneous rocks are also mineralized. Selected indications of disseminated lithology-controlled mineralization could represent larger deposits. Associated metals in some deposits include copper, zinc, and lead. At present, tax policies, population density, political outlook, and lack of proven significant precious metal deposits discourage the establishment of a metal mining industry.

Jan 1, 1993

By S. J. Matas, R. F. Hehemann, R. H. Goodenow

The hot-stage metallographic method has been employed to determine radial growth rates of upper and lower bainite. Lower bainite appears to grow as individual plates that increase in both length and thickness while upper bainite grows as sheaves of closely spaced plates or needles. A discontinuity in the temperature dependence of the growth rate appears to be associated with the transition from upper to lower bainite and stepped quenching experiments suggest that lower bainite will not continue to grow when the temperature is raised to the upper range. Thus, a single process does not appear to control the growth of both upper and lower bainite. A tentative model based on the forces acting on a dislocation interface is proposed to account for the slow growth of bainite. It has been recognized since the early studies of Davenport and Bain that a close relationship exists between the martensite and bainite transformations in steels. However, diffusion of carbon during the transformation has lead to considerable controversy concerning the reaction mechanism.1-7 Many studies4,5,7-9 have emphasized the structura and kinetic aspects of the bainite reaction and, in particular, the difference observed between the two forms of bainite—frequently termed upper and lower bainite. A kinetic difference between the two types of bainite has been revealed in the activation energy determined from the overall reaction;4,5 however, many difficulties arise in an interpretation of these activation energies since a number of temperature dependent factors contribute to the kinetics of the overall reaction. The displacive surface relief10 accompanying the bainite reaction permits a separation of the nuclea-tion and growth contributions to the reaction and allows the kinetics of the growth process to be examined. Several investigations of this type have been conducted; however, they have been restricted to the low temperature range.3'6'11 Here, bainite plates are observed to grow slowly in both length and width. The present investigation extends such studies to include the upper bainite range. MATERIALS AND PROCEDURE Materials. The composition of the steels studied in this investigation are presented in Table I. The range of composition permitted a study of the effect of carbon content on the growth rate of upper bainite in the 9 pct Ni steels and consideration of both upper and lower bainite in the higher carbon steels. These steels were received as hot-rolled rounds and were forged to approximately 1/2 in. thick plates for preparation of metallographic specimens. In order to produce an essentially zero carbon steel, Steel A was decarburized in wet hydrogen at 1550°F for 15 days with the result tabulated as Steel AD. Experimental Procedure. In order to study the slow growth of the displacive transformation product, a commercially available Leitz hot stage was modified to permit heating of the specimen by its own resistance in a manner similar to that employed by other investigators.6 The furnace chamber was maintained at a pressure of 2 to 3 X 10-5 mm Hg prior to austenitizing at 2000° ± 12° F for 5 min. Samples could be cooled from the austenitizing to the transformation temperature in approximately 15 sec and the progress of transformation was recorded with a 9 cm by 12 cm single frame camera or a 16 mm movie camera. RESULTS AND DISCUSSION Growth Characteristics. The general growth characteristics observed in this investigation were analogous to those reported previously.3,6,11 Typical growth sequences for the high temperature and low temperature forms are illustrated in Figs. 1 to 5. In both temperature ranges, bainite plates increase in length at slow, temperature dependent rates until interrupted by a grain boundary, another plate, or

Jan 1, 1963

By S. M. S. Azghdi, K. Barani

The effect of microwave treatment on the surface roughness and wettability of chalcopyrite (CuFeS2 ) and on the chemical composition of its surface was studied. The microwave source was a conventional multimodal oven with frequency of 2.45 GHz and maximum power of 900 W. Pure chalcopyrite specimens and purified chalcopyrite concentrate were used in this study. Analysis using atomic force microscopy showed a decrease in the surface roughness of the chalcopyrite after microwave radiation. This decrease may be due to oxidation of the surface and formation of iron oxide. Moreover, the surface wettability of the chalcopyrite mineral increased with increasing duration of microwave radiation, which was in good agreement with the micro-flotation mass recovery results. The increased wettability of the surface may be attributed to the decreased surface roughness by microwave radiation. Analysis using scanning electron microscope/energy-dispersive X-ray spectroscopy indicate that after microwave radiation, the contents of sulfur and iron increased whereas that of copper decreased on the surface of the chalcopyrite, significantly changing the average atomic number of the chalcopyrite surface.

By Frank C. Andreuzzi

The Federal Bureau of Mines conducted a demonstration project to reclaim 125 acres of abandoned strip-mined land in Lackawanna County, Pa., for public recreational, historical, and educational use as a park. The Bureau was involved in the development of the general site plan, and engineered and supervised the basic land rehabilitation. The park's Facilities include outdoor recreational activities, picnic grounds, children's play areas, primitive overnight camping, and winter sports. A major attraction is the Anthracite Museum constructed by the Pennsylvania Historical and Museum Commission The project may serve as a prototype for reclaiming existing and future surface-mined lands.

Jan 1, 1976

By Sivan Iswaran, Will McLean

This paper details a 2MLD ion exchange water treatment plant which selectively removes arsenic, antimony, iron, hardness, and sulphate from mining water; designed to meet environmental quality indicators such as sulphates. The client, Fosterville Gold Mine Pty Ltd, is owned by Kirkland Lake Gold and is one of the world’s highest grade gold mines. The site located near Melbourne, Australia had identified a risk of reduced mine water storage capacity due to surface run-off and increased sulphate rich dewatering of the underground mine at depth. Clean TeQ Water carried out the project management, process design, procurement, and commissioning for the plant, which was handed over in August 2020.

Sep 30, 2022

By M. Gorman

The Mineral Park Mine is an open pit copper-molybdenum mine located in northwestern Arizona, approximately 74 miles southeast of Las Vegas, Nevada. The property has been owned by the Duval Corporation, Cyprus Mining Company and Equatorial Mining of Australia. Mercator purchased Mineral Park from Equatorial in 2003. Mineral Park commissioned a 25,000 tpd copper and molybdenum concentrator in November and December of 2008. The process includes two stage milling (SAG and Two Ball Mills) fed by primary crushed ore. Metals are recovered in a copper-molybdenum flotation circuit consisting of mechanically agitated roughers and cleaners. The copper- molybdenum flotation concentrate is thickened and further processed in the molybdenum flotation circuit which separates the copper and molybdenum minerals into salable concentrates. The molybdenum circuit also uses mechanically agitated cells. This paper describes the plant and some of the highlights of the commissioning process.

Jan 1, 2010

By G. A. Eltringham, A. F. Sarofim, A. A. Shook, M. P. Heap, B. R. Adams, K. A. Davis

This paper discusses the use of a reacting CFD model to determine chalcopyrite kinetics in a drop tube furnace and to predict the reaction of a chalcopyrite concentrate in the reaction shaft of an industrial smelter. Reacting CFD codes can be applied to determine the consequences of the interaction of gas with particles and therefore improve the ability to derive kinetic parameters that take into account the different temperature and oxidation histories that different particles will see. This paper describes the application of such a model to derive improved kinetic parameters for the pyrolysis and oxidation of chalcopyrite. The improved kinetic parameters derived from the drop tube studies are used to simulate chalcopyrite concentrate reactions in the reaction shaft of an industrial smelter. The reaction shaft model includes the effects of turbulent fluid mechanics, entrained flow mixing, turbulent particle dispersion, heterogeneous particle reactions, radiative and convective heat transfer, and surface and bath deposition rates. Particle reaction and composition characteristics are predicted as a function of particle trajectory and deposition and are used to aid in evaluating shaft performance.

Jan 1, 1999

By K. E. Merklin, F. D. DeVaney

Students of the modern blast furnace seem unanimously agreed that they are observing a major revolution in practice. Rather than changing construction and operation of the furnaces, most of the great advances now under way deal with the raw materials feed. Prepared burdens have gained increasing significance during recent years. Sizing, concentration, and agglomeration have all become bywords to greater production and reduced operating costs. The remarkable results with test furnaces in which self-fluxing sinter makes up part or all of the ore charge foretell even greater improvements. Other investigators have reported many of these advances, and it is enough to predict here that more and more operators will turn to the use of self-fluxing sinter. This change in the operator's requirements comes at a time when one major section of the iron ore regions, the Mesabi, is finding it difficult to maintain, let alone improve, the tonnage and grade of its shipping product. To meet the new demands with respect to quality and structure, the iron ore producers of this area turned first to screening, crushing, and concentrating intermediate ores. More recently, declining higher-grade reserves have led to multimillion-dollar investments in plants to treat the low-grade magnetic taconites.1,2 To yield a suitable concentrate, the Minnesota magnetic taconites must be ground to about 80 pct through 325 mesh, too fine to be charged directly to the blast furnace or to make acceptable feed to the sinter strand. The pelletizing process was developed to meet the structure requirements laid down by the blast furnace operators. Taconite producers are succeeding in their efforts just when the attention of the blast furnace man is being drawn to the great advantages of self-fluxing sinter.3 The taconite operators are ready with an alternative. Why not produce sclf-flus ing pellets? At the Hibbing laboratory of Pickands Mather & Co., where much of the early work was done that led to Erie Mining's 7.5-million ton taconite plant at Hoyt Lakes, Minn., preliminary investigations have been made. Present Taconite Operations: Details of this work will be clarified by a brief review of agglomeration practice in commercial taconite plants. After the taconite has been ground to about 80 pct through 325 mesh to liberate the magnetite grains, the ore is concentrated on magnetic separators, thickened, and filtered to about 10 pct moisture. This structure and moisture fit in closely with the conditions required to produce good balls. It has been found with taconite concentrates that at least 60 pct of the feed to the balling drum must be —325 mesh to obtain good ball compaction within reasonable time. The filter cake moisture usually permits a slight water addition at the balling drum, and further balling control is obtained by adding about 12 Ib of bentonite and 1 1/2 lb of soda ash per dry short ton of concentrate. These additives, and occasionally small quantities of fine coal, are thoroughly mixed with the filter cake ahead of balling. The swelling property of bentonite improves the green and dry strength of the balls so they can be handled without breakage until they are fired. Soda ash is added for pH control to insure maximum performance of the bentonite, and coal is added for more heat in the firing process when required. The balls, normally 3/8 to l-in. diam, are brought to a temperature of 2350" to 2500°F in the indurating furnace. Heat for this process comes from three sources: 1) fuel burned in the combustion chamber, 2) oxidation of the magnetite concentrates to hematite, and 3) coal added to the balls. Pellet strength is developed by grain growth and bridging and, if enough slag-forming constituents are present, by slag bonding. Conversion to hematite is usually close to 100 pct in the fired pellets. Batch Test Procedures: Initial studies of self-fluxing pellets were made by producing balls on a batch basis under carefully controlled laboratory conditions. The l-in. balls, uniform in size, were fired in an oxidizing atmosphere in a standard laboratory muffle furnace. The firing procedure consisted of

Jan 1, 1961

By J. Szekely

The paper discusses simultaneous heat conduction and diffusion. These problems may arise in slag-metal kinetics and in connection with rapid heating or cooling of specimens. A mathematical formulation is given and it is shown that the transients due to either the variability of the diffusion coefficient with temperature, or thermal diffusion, are unlikely to be important for molten or solid metals and slags. The negligibility of these effects is due to the large values of the ratio thermal diffu-sivity/molecular diffusivity. In many problems relating to transport-controlled metallurgical kinetics the diffusion process is accompanied by the transfer of heat; large-scale metal refining or metal reduction may be quoted as examples. It has been shown that due to turbulent mixing in these systems the relevant transport phe- nomena are best described in terms of "surface renewal models" which require the solution of the unsteady-state diffusion equation.1-1 Problems involving simultaneous diffusion and heat conduction are also encountered in the laboratory in connection with rapid heating or cooling of specimens. The effect of variable temperature on diffusion may be twofold: a) in the absence of "cross effects" the problem, due to variable temperature, is that of diffusion with a variable diffusion coefficient; b) if the Soret Effect is nonzero, thermal diffusion must also be taken into account in the formulation. Although information is available on thermal-diffusion transients in a steady-temperature gradient,4'5 little work has been done on the effect of unsteady temperatures on either the diffusion coefficient or on thermal diffusion.' In the following a formulation is given and solutions presented with a view of examining the areas where these effects may be important.

Jan 1, 1965

Your outgoing President, following the worthy example of distinguished predecessors, submits a reckoning of his stewardship. He renders this fully realizing that without the hearty cooperation of Directors and Secretary, which he here recognizes most cordially, no President, who at best is but a passing force, can achieve markworthy results. The details as to your membership, finances, intellectual output, and,-other activities, have been submitted in the report of the Secretary.* It is enough to emphasize that during the year just expired, your organization has held two of its most successful meetings-one the largest in its history-has produced the largest number of papers, eliciting most interested discussions, has enjoyed its greatest income; and has received more than one thousand new members-passing the best previous record by more than one hundred, and exceeding the average increment of the, past five years by one third. It closes the year with 6528 members, the largest enrollment in its history. All of this might be true and yet the intellectual and social spirit, the loyalty of membership, the real life of the organization, might remain stagnant. As to these, it is for others than your speaker to testify. No comparison is feared.

Jan 3, 1918

By K. C. Corin, Z. G. Song, J. G. Wiese

In the present investigation flotation was used as a diagnostic to understand the effects of changes to the media during the grinding stage. The observations from flotation for different media are discussed in terms of particle size distribution, water recovery, solid recovery and valuable mineral recovery. The chemical parameters; pH, redox potential (Eh) and dissolved oxygen (DO) levels were measured. A Base Metal Sulphide (BMS) ore was ground under media of different shapes and compositions to determine the effect of different rod/ball material on the flotation performance of the ore. For a given grind (D80 = 75 µm), media shape had no effect on flotation performance of a BMS ore. Different grinding media had significant effect on slurry chemical properties and flotation performance. Mild steel rods (RMMS) produced the highest solids recovery, nickel and pyrrhotite (Po) recovery, with the highest ethylenediaminetetraacetic acid (EDTA) extractable iron and the lowest DO level. Chrome steel balls and stainless steel rods produced the lowest metal recovery, EDTA extractable iron and the highest DO level. A complementary study was conducted to investigate the effect of using different grinding media compositions, viz, ceramic, forged steel, 15% chrome steel, stainless steel and a mixture of stainless steel and 15% chrome steel (50:50) balls were investigated using a Platinum Group Mineral (PGM), UG2 ore. Grinding products of five different media produced the same solids and water recovery, but the grades and recoveries of Platinum Group Elements (PGE) and chromite were different. Grinding products of ceramic media showed the best flotation performance, with the highest PGE recovery and the lowest Cr2O3 recovery. While grinding products of stainless steel balls (SS) produced the lowest PGE recovery and highest Cr2O3 grade and recovery in the concentrates.

Jan 1, 2016

By M. J. Shields

There are numerous suggestions in the literature on methods of obtaining representative samples of waste rock or mill tailings. Some suggested methods would result in thousands of samples and very high costs for a large facility. There is no general rule that can (or should) be followed, such as collection of a given number of samples per mass of material, per acre of impoundment, or per foot of drillcore. Each site is different, and the adequacy of sampling must be tailored to the site. A logical approach is to let the variability at the site dictate the number of samples that should be collected and analyzed, and then to quantify and evaluate the results by means of standard statistical methods.

Jan 1, 1998

By H Stedman

Integrating exploration and operational blastholes into one database significantly enhances geological modelling. Benefits include: improved coal predictions, stronger interpretation of structurally complex areas, detailed mapping of heat affected coal aureoles and additional roof accuracy for blast designs that deliver better coal protection.CITATION:Stedman, H, 2014. Integrating blastholes into exploration data to improve coal recovery and modelling, in Proceedings Ninth International Mining Geology Conference 2014 , pp 237–242 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 18, 2014

By Mark Newton Lowry

In the garden of national problems recognized by the American public, imports of mineral products is a hardy perennial. Concern for the security of mineral supplies has preoccupied nations since the industrial revolution and the mechanization of warfare. Since 1973, Americans have also been sensitized to the potential economic costs of overseas mineral supply disruptions and the cartelization of foreign production. Though oil prices have plunged since 1981, the import dependency issue remains topical. Political turmoil in Southern Africa reminds us that mineral supply disruptions will occur in the future as they have in the past. Producers of iron and steel, copper, and refined petroleum products seek protection from imports on national security grounds. The Reagan administration is proposing sweeping changes in the management of the federal mineral stockpiles. s an enduring need to take stock of the mineral trade position of the United States. This article considers the changing role that the U.S. has played in the twentieth century in non-fuel minerals trade. We begin by enunciating some principles that are useful in analyzing this trade. The changing pattern of trade in the 1900-1969 period is then reviewed. There follows a more detailed analysis of mineral trade trends in the 1970-84 period. Some consideration is given in the final section to the significance of non-fuel mineral trade for the U.S. economy. THE ECONOMICS OF U.S. MINERAL TRADE The allocation of non-fuel mineral products in the United States has in this century been accomplished primarily through the market mechanism. Except where trade barriers have distorted price signals, this means that mineral supplies have been obtained from the least cost source, with little regard for their country of origin. Mineral prices facing U.S. firms are sensitive to shifts in the domestic supply and demand, but are also sensitive to economic conditions overseas. The balance of trade in each mineral product has depended on the amount that is profitably produced and consumed domestically at the world price. The nation has produced exactly as much as it has consumed only by chance. U.S. demand for non-fuel minerals is derived from the demand for manufactures, farm commodities, and other goods whose production requires mineral products as inputs. The demand for such goods can be quite volatile, and in most industries moves cyclically due to its sensitivity to the level of aggregate economic activity. The supply of mineral products depends on the cost of extracting and processing mineral raw materials. These costs do not vary greatly in the short run. Because of these attributes of mineral markets, U. S. trade in mineral products fluctuates considerably from year to year. Most of this volatility results from shifts in domestic and overseas demand and from changes in exchange rates and trade barriers. Longer run changes in the mineral trade pattern can also be discerned. These depend on secular trends in demand and in the cost of mineral extraction and processing at home and overseas. The United States was originally endowed with extensive reserves of an array of mineral-rich ores and fossil fuels. It is also a nation with an entrepreneurial climate and technological capability conducive to extracting and processing those reserves. Not surprisingly, it has at one time or another ranked among the world's leading producers of a great many mineral products. With a population that is large and an economy that is technologically advanced by world standards, the U.S. has also been a leading consumer of mineral products. Because of its voracious appetite, the bulk of mineral products produced domestically has traditionally been consumed domestically as well. Net exports have been sizable only in those industries in which the nation has enjoyed an extraordinary cost advantage. Depletion has gradually reduced the cost advantage that the U.S. mining industry once enjoyed. The economic conditions that encouraged early development of U.S. mineral resources have

Jan 1, 1986