Resources of Industrial Minerals - Fluorspar Deposits in the Western States (Mining Tech., Mar. 1945, T. P.1783)

The American Institute of Mining, Metallurgical, and Petroleum Engineers
J. L. Gillson
Organization:
The American Institute of Mining, Metallurgical, and Petroleum Engineers
Pages:
28
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1404 KB
Publication Date:
Jan 1, 1948

Abstract

In a brief summary of the many occurrences of fluorspar in our western states, it is not possible to go into detail in regard to the geology, mining and milling methods, and reserves about individual deposits. Rather a broad review is made of the occurrences and an analysis of how the western deposits may fit into our future domestic economy is presented. General Statement on Fluorspar Situation Fluorspar has been used for years as a flux in the manufacture of basic open-hearth steel, in foundry cupolas for melting pig iron, in the manufacture of opalescent glass and in the preparation of hydrofluoric acid. In 1880 the annual production of fluorspar in the United States was around 4000 tons per year. By 1900 it was up to 21,656 tons and between 1902 and 1908 it averaged about 40,000 tons annually. Prices were then so low, by present standards, that it seems impossible to believe now that mining could have been performed profitably at the price levels then prevailing. In 1890 fluorspar sold at the mines for $6.70 per ton, in 1901 for $5.81, in 1916 for 85.92. When the United States entered World War I, flyorspar production and price skyrocketed; the production reached 263,817 tons in 1918, with prices above $20.00 per ton, and prices were even higher in 1919 and 1920. After 1920, the domestic production fell from the 1918 level to about 125,000 tons annually and the average price dropped back to about $18.00 per ton. By 1935 the average price had fallen to $15.00, but in 1940 with a rising demand the average price of all grades had gone back up to $20.31. Today it is 75 per cent higher than in 1940 and presumably the price of acid grade at .least would be even higher if it were not for price ceilings. The first subsequent year that the domestic production exceeded that of 1918 was 1941, and the 1944 production is expected to exceed 400,000 tons, or over one and a half times that of 1918. In five-year periods, average production and imports were as are shown in Table I. Many people concerned with the consumption of fluorspar believe that the postwar period ahead will show a repetition of price trends of the last such period. They believe that imports will be again an important factor in the available supply and the price will fall back gradually toward the prewar level. The following basic factors are pertinent in analyzing this conclusion:
Citation

APA: J. L. Gillson  (1948)  Resources of Industrial Minerals - Fluorspar Deposits in the Western States (Mining Tech., Mar. 1945, T. P.1783)

MLA: J. L. Gillson Resources of Industrial Minerals - Fluorspar Deposits in the Western States (Mining Tech., Mar. 1945, T. P.1783). The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1948.

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