Papers - Minerals in World Economics - Nationality of Commercial Control of World Minerals (Abstract)

In the foreword by C. K. Leith, Chairman of The Mineral Inquiry, it is pointed out that the ordinary mineral production tables do not show the commercial control, and that some knowledge of the situation is desirable as a background for the consideration of problems involving mineral raw materials. The report consists principally of tables, accompanied by a brief text, giving the production and an analysis of the control, according to nationality, of 18 minerals: aluminum, chromite, copper, iron and steel, lead, manganese ore, mercury, molybdenum, nickel, nitrates, petroleum, potash, silver, sulfur, tin, tungsten, vanadium, and zinc. For the most part, the production figures for 1929 and the latest figures for reserves have been used. When feasible, the control has been shown at the various stages of production; mining, smelting and refining. American capital was dominant in the production of 10 mineral commodities, including six of the most important; British capital, in four instances; while Spanish, German, Chilean or Chinese interests cach led in the control of one. British, French, German, and Dutch capital occupied second place in the control of most of the important minerals. Between two-thirds and three-fourths of the world's mincral production is controlled by British and American capital.