COPPER: How to Get More

WPB at long last is ready to put the profit motive to work to get the big copper companies to increase their output of this bottleneck metal.

When OPA and Metals Reserve Co. offered a 5¢ premium over and above the 12¢ ceiling for increased copper production last winter they deliberately set the base quota on which no premium will be paid so high that they not only froze out the big three (Anaconda, Kennecott and Phelps Dodge, which produce 85% of U.S. copper) but also froze out all but one of the other 15 companies which with the big three...

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