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By R. E. Hook, R. L. McGaughey, A. M. Adair

The initial yielding characteristics of a vacuum-melted iron have been measured as a function of thertnal history after slow cooling or quenching from a 700°C recrystallizntion anneal. A thermal history favoring the segregation of interstitials to grairz boundaries results in a material having high values of upper and lower yield stress and long, irregutar Luders' plateaus, wheueas specimens treated to minimize grain boundary segregation have significantly lower values of these yielding characteristics. The struc- ture of typical grain boundary areas as revealed by electron transmission microscopy is consistent with these findings. The grain boundaries in iron are considered to be principally responsible for the release of dislocations during macroscopic yielding and it is suggested that strong locking results when a substantial amount of grain boundary segregution is present; it follows that weak locking results from a more random distribution of interstitials to grown in dislocations. RECENT years have seen an increased emphasis placed on a more quantitative study of the influence of grain boundaries on the yield behavior of bcc metals. The earlier picturk of dislocation pileups at grain boundaries building up a sufficient stress concentration to unlock dislocations in neighboring grains1

Jan 1, 1967

By G. Sachs, G. Espey

SIMPLE methods can be used for the determination of the residual stresses in thin-walled tubing if the stresses consist of high tensile stresses at the one surface and high compressive stresses at the other surface Such a stress distribution is approximated in sunk tubing and in deep-drawn shells It is possible to cut sections from such articles in such a manner that a major part of the residual stress is relieved by a bending of the part that is separated from the adjacent metal The circumferential stress is evaluated from the change in diameter D, occurring on splitting a length of tubing (Fig Ib),1-5 or from deflection resulting from the cutting out of a circumferential tongue (Fig Ia) G The bending moment M released by such a flexure is [ ] The release of this bending moment corresponds to the release of stresses, which, in a thin section, vary linearly from one surface to the other, and have the following value in a particular fiber a certain distance (zx from the surface [ ] where C is the section modulus and d is the thickness of the section, the ratio AI C being d 2 for a rectangular section* The maximum stress values at the surfaces are [ ] For most purposes the simpler equations [ ] will be satisfactory, where Dm is the average of the mean diameters of the tubing

Jan 1, 1941

By Howard C. Pyle, John E Sherborne

Core analysis is a recent development in the field of petroleum technology. The earliest work on this subject was done in connection with evaluating and planning secondary oil recovery by water-flooding. Present-day analysis of sands of flush fields requires new and independent interpretations of the data provided by cored material. Particular attention is being paid to the development of rapid, routine methods for measuring physical characteristics of sandstone, such as permeability, porosity and grain size, as well as the sand's fluid content. Permeability may be defined as the fluid-passing capacity of a rock. For a sandstone to be permeable it must be possible to pass a measurable quantity of fluid through the material in a finite period of time. The common unit of permeability is the darcy, which may be defined as the rate of viscous flow, in milliliters per second, of a fluid of one centipoise viscosity through a porous medium having a cross section of one square centimeter, under a pressure gradient of one atmosphere (76.0 cm. Hg) per centimeter.' For convenience the subunit millidarcy, or one-thousandth darcy, is often used. Porosity is defined as the fluid-containing capacity of a rock and is usually expressed as a percentage ratio of the total pore volume to the rock or bulk volume. Since measurement of only the effective or communicating pore volume is often made, porosities are distinguished as total or effective.2,3 Net effective porosity is defined as the net pore volume available for oil and gas. Oil and water content of sand is measured and expressed either as the percentage saturation of the total pores or of the bulk rock. The oil content may also be expressed as the percentage saturation of the net effective pores. In connection with water-flooding, methods of core analysis were developed to furnish data that could be used in determining the quantity of recoverable oil14-6 and the probable rates at which various sands or divisions of a sand open to the wells would take water or produce oil. In flush fields, the analytical data are used to predict the productivity of a cored interval. They indicate the presence of oil, gas and water and may

Jan 1, 1939

By Howard C. Pyle, John E. Sherborne

Core analysis is a recent development in the field of petroleum technology. The earliest work on this subject was done in connection with evaluating and planning secondary oil recovery by water-flooding. Present-day analysis of sands of flush fields requires new and independent interpretations of the data provided by cored material. Particular attention is being paid to the development of rapid, routine methods for measuring physical characteristics of sandstone, such as permeability, porosity and grain size, as well as the sand's fluid content. Permeability may be defined as the fluid-passing capacity of a rock. For a sandstone to be permeable it must be possible to pass a measurable quantity of fluid through the material in a finite period of time. The common unit of permeability is the darcy, which may be defined as the rate of viscous flow, in milliliters per second, of a fluid of one centipoise viscosity through a porous medium having a cross section of one square centimeter, under a pressure gradient of one atmosphere (76.0 cm. Hg) per centimeter.' For convenience the subunit millidarcy, or one-thousandth darcy, is often used. Porosity is defined as the fluid-containing capacity of a rock and is usually expressed as a percentage ratio of the total pore volume to the rock or bulk volume. Since measurement of only the effective or communicating pore volume is often made, porosities are distinguished as total or effective.2,3 Net effective porosity is defined as the net pore volume available for oil and gas. Oil and water content of sand is measured and expressed either as the percentage saturation of the total pores or of the bulk rock. The oil content may also be expressed as the percentage saturation of the net effective pores. In connection with water-flooding, methods of core analysis were developed to furnish data that could be used in determining the quantity of recoverable oil14-6 and the probable rates at which various sands or divisions of a sand open to the wells would take water or produce oil. In flush fields, the analytical data are used to predict the productivity of a cored interval. They indicate the presence of oil, gas and water and may

Jan 1, 1939

By F. Clerf

Blast-furnace practice in France is determined more or less by the character of the ores used. Some French ores are siliceous and others are calcareous, therefore by proper burdening a self-fluxing mix can be used. This is not always done, as, for instance, at the Caen furnaces of the Société Métallurgique de Normandie, where the Soumont ore of Normandy is used, which is a carbonate. This ore is crushed and calcined at the mines, yielding a product that is porous and well sized for blast-furnace consumption. The lines of the Caen furnaces are given in Fig. 1. Originally these furnaces had 16 tuyeres; six are plucked and these tuyeres are set in the lower part of the bosh. Operating data on these furnaces are given in Table 1. Table 1.—Operating Data, Caen Furnaces Kg. Lb. Blast-furnace burden per ton of iron: Soumont ore....................................... 200&2100 (44004650) Limestone...................................... 900-1000 (2000-2200) Basic Bessemer slag (bearing phosphorus).............. 100 (220) Scale.............................................. 35 (77) Manganese ores.................................... Coke.............................................. 1100-1200 (2420-2640) Coke analysis: Ash, per cent............. 9.5 H2O, per cent............. 4.0-10.0 Flue dust (approx.), kg. per metric ton.... 200 (440 lb.) Blast volume, cu. m. per hr.............. 83,000 (49,000 cu. ft. per min.) Preesure, lb............................ 12 Blast heat, deg. C....................... 650 (1200" F.) Top temperature, deg. C................ 250 (445O F.) Top-gas analysis, per cent............... CO2 9.3 CO 30.3 O2 0.3 H2 3.0 Production per 24 hr. about 510 tons. MINETTE ORES The most important ore deposits in France are in the west of Lorraine. They are called the "minette" ores and are of two classes-—siliceous and

Jan 1, 1937

By D. M. Blacknall, N. N. Winogradoff, E. W. Williams

Low-temperature measurements of photolumines-cence were used to evaluate the progvess in materials development. Variation of the impurity type, impurity concentration, and method of growth were used to clarify the chemical origin of defects in GaAs. Melt-g~ozun, epitaxial vapor-, and solution-grown samples were studied. A comparison of measurements at 77" and 20°K shows that more defects can be observed at the lower temperature. Th'vee residual defects were identified in relatively pure GaAs. These were: silicon, copper, and a gallium vacancy-donor complex. Solution growth from a gallium solution inhibits the formation of the latter two. Eleven defects were studied and the "optical" activation energy of some of these, namely, silicon, cobalt, and chromium, has not been reported in the literature before. THE discovery of the injection laser in 1962 prompted extensive measurements of the photoluminescence of GaAs. The measurements were made at 77°K on GaAs doped with shallow impurities at various doping levels and compared with electroluminescence1'2 and absorp- tion data.374 In addition, lower-temperature studies were made on relatively pure GaAS' and on GaAs doped with oxygen,5'" manganese,' and copper.' The observation of defects* in GaAs with photolu- *The word "defects" ~efers to both chemical impurities and native defects. minescence at low temperatures makes photolu mines-cence an invaluable tool in evaluating the progress in materials development. The only previous evaluation was done at 77°K when solution-grown and melt-grown GaAs were compared.O No identification of defects was made but it was shown that some of the deep-level luminescence seen in melt-grown GaAs was absent in solution-grown GaAs. The present work extends the comparison of preparation techniques to lower temperatures and to a study of epitaxial vapor-grown GaAs. It is particularly valuable for thin epitaxial layers since they cannot be analyzed by conventional analytical techniques. In addition, by varying the impurity type and impurity concentration the chemical origin and nature of defects in GaAs was demonstrated. Eleven defects were studied in all. Three of the defects were identified as residual defects which often contaminate GaAs prepared from the melt and the vapor. Only one such defect was observed in GaAs grown from a gallium solution and this was identified as silicon.

Jan 1, 1968

By Arthur Crowfoot

INTRODUCTION The principal object of this paper is to present data on the development of the revolving convex round table as a concentrator for the through 0.07-mm. slimes from the ores of the Butte district, although same brief notes on the earliest recorded use of this type of concentrating table in the ore-dressing plants of the Lake Superior region and of the Butte district are also presented. The revolving convex round table belongs to the class of concentrating tables known as film-sizing tables, these tables using the relative transporting power of a film, or thin sheet of water, as it flows over a quiet inclined surface, to separate the minerals of a sorted product.

Jan 8, 1914

By O. U. Bradley

The utilization of casing-head gas in the manufacture of casing-head gasoline by both the absorption and the compression method is a most important factor in the conservation of our natural resources. Any industry connected with the oil business, in general, possesses particular attraction for a large number of people not conversant with its basic principles, for the reason that the large fortunes made in the production and utilization of petroleum and its products have been given undue prominence. The general impression of the public that enormous profits are to be realized in the casing-head gas industry with minimum expenditures of both capital and effort has, in a large measure, accounted for the phenomenal expansion of the industry in recent years and, likewise, has resulted in many mistakes and loss of investment funds. It is true that many installations have been very profitable, but such instances are always the result of careful planning, experienced judgment and conservative estimates. The inception and subsequent activity in the manufacture of casing-head gasoline, enabling the business to assume an important position in the petroleum industry, are of comparatively recent origin, as its greatest growth, particularly in Oklahoma, occurred during the years 1917 and 1918. Much information must yet be secured and systematized concerning the methods of manufacture of gasoline from high-yield casing-head gas, and a large field is still open for the application of accumulated experience and good engineering practice in devising better methods of extracting gasoline from casing-head gas of the poorer grades. The absorption process is coming into general use as a most efficient system of treating casing-head gas, and even so-called dry gas. In fact, there is a decided tendency toward the universal adoption of the absorption process as against compression methods. However, a general discussion of the relative merits of these two systems is not, within the scope of this article. A few of the facts that must be given 'consideration in arriving at a fair and impartial estimate of the actual investment value of the casing-head gas business are the quantity of gas available, the quality and

Jan 1, 1921

By J. B. Austin, H. H. Pierce

In developing a consistent picture of the thermal expansion of the commercial chromium steels, which cover a range of carbon contents, it is desirable to know the expansion in the limiting case of the binary, carbon-free, iron-chromium alloys. We have, therefore, determined the thermal expansion of a series of five special alloys, ranging in chromium content from 3 to 10.5 per cent, with not more than 0.03 per cent carbon, over a temperature range extending beyond the transformation region; this low carbon content enables us to draw reasonably reliable conclusions as to the behavior of the carbon-free system. Moreover, the measurements serve to determine the beginning and the end of the alpha-gamma transformation; and they emphasize once more the fact that a transformation temperature determined by any method in which the specimen is cooled at an appreciable rate is apt to be seriously in error, particularly if the metal contains a transformation-retarding element such as chromium or managanese. The lag, or undercooling, observed at the ? — a transformation is explained in terms of the influence of temperature on transformation velocity; the rather unusual shape of the ? loop is attributed to a change with temperature and with composition of the distribution of chromium between the alpha-iron and gamma-iron solid solutions. The exact composition of the alloys, which were obtained through the courtesy of Dr. W. Rohn, of the Heraeus Vakuumschmelze A-G., is given in Table 1. Determinations of the linear thermal expansion and of transformation temperature were carried out in the vacuum dila-tometer previously described,' using a rate of heating and of cooling of 3.0" to 3.5" per minute unless otherwise stated. Magnetic susceptibility, which was measured in studying the rate of transformation, was determined with a magnetic balance, which also has been described.2 Results and Discussion Thermal Expansion Coeficients.—Numerical values for the linear expansion coefficient, derived from a smoothed curve based on at least

Jan 1, 1935

By Schlumberger, C

IN the search for practical geological problems amenable to solution by the potential methods, the geophysicist is led to study mathematically various theoretical cases. In these idealistic discussions, the media under consideration are generally supposed to be homogeneous and iso-tropic. The geophysicist, of course, realizes perfectly that these condi-tions do not occur in their entirety in reality. However, the assumptions made are justified, because very often they are necessary in order to render possible an exhaustive study of a given problem, which otherwise would be too complicated, and would not lend itself to a complete mathe-matical analysis. Of the above two assumptions, that concerning the homogeneity of a given geological formation is satisfactorily realized except in so far as isotropy is concerned, since this property is not often encountered in practice. As a consequence, it is very desirable for the geophysicist to have quite an extensive knowledge of the properties of anisotropic forma-tions, and of the laws that govern the propagation of electric current therein. With such principles in mind, he will be able to decide whether the conclusions arrived at in simple, isotropic conditions are still correct in more complex cases, or in what way they must be modified or adapted in order to constitute a sound basis for the interpretation of the results obtained in anisotropic media. On the other hand, the fact that in anisotropic formations themobility of the ions is greater along the strike than perpendicular thereto can be utilized for determining the direction of the dip by induc-tion measurements. We therefore propose to study in three successive chapters the following points: 1. Propagation of the electric current in anisotropic media. 2. Some consequences of the anisotropy of geological formations with reference to the surface electrical measurements, and their interpretation. 3. Determination of the direction of the dip of anisotropic formations by surface induction measurements.

Jan 1, 1933

By H. H. Pierce, J. B. Austin

In developing a consistent picture of the thermal expansion of the commercial chromium steels, which cover a range of carbon contents, it is desirable to know the expansion in the limiting case of the binary, carbon-free, iron-chromium alloys. We have, therefore, determined the thermal expansion of a series of five special alloys, ranging in chromium content from 3 to 10.5 per cent, with not more than 0.03 per cent carbon, over a temperature range extending beyond the transformation region; this low carbon content enables us to draw reasonably reliable conclusions as to the behavior of the carbon-free system. Moreover, the measurements serve to determine the beginning and the end of the alpha-gamma transformation; and they emphasize once more the fact that a transformation temperature determined by any method in which the specimen is cooled at an appreciable rate is apt to be seriously in error, particularly if the metal contains a transformation-retarding element such as chromium or managanese. The lag, or undercooling, observed at the ? — a transformation is explained in terms of the influence of temperature on transformation velocity; the rather unusual shape of the ? loop is attributed to a change with temperature and with composition of the distribution of chromium between the alpha-iron and gamma-iron solid solutions. The exact composition of the alloys, which were obtained through the courtesy of Dr. W. Rohn, of the Heraeus Vakuumschmelze A-G., is given in Table 1. Determinations of the linear thermal expansion and of transformation temperature were carried out in the vacuum dila-tometer previously described,' using a rate of heating and of cooling of 3.0" to 3.5" per minute unless otherwise stated. Magnetic susceptibility, which was measured in studying the rate of transformation, was determined with a magnetic balance, which also has been described.2 Results and Discussion Thermal Expansion Coeficients.—Numerical values for the linear expansion coefficient, derived from a smoothed curve based on at least

Jan 1, 1935

By Horace Mann

A FEW years ago, it was generally thought that from 15 to 18 per, cent. of zinc oxide was the upper limit of a workable lead blast-furnace slag. With slags above this zinc-oxide content, the furnaces gave so much trouble because of hearth, wall, and crucible accretions that the campaign was very short. The time lost in cleaning out the frozen furnaces, for it was seldom possible to blow them out, and blowing in was so great that it was considered uneconomical to attempt the running of high-zinc slags, even if this were metallurgically possible. It is true that there are, references to one or two slags much higher in zinc than the foregoing,1 but the average smelterman regarded these, as freaks and not to be considered for regular furnace work. One or two plants, notably the plant of the United States Smelting Co, at Canyon City, Colo., ran charges, higher in zinc. At this plant, the zinc-oxide content of the charge was frequently 20 per cent. and higher but the slags from these furnace's seldom ran over 10 to 12 per. cent. zinc oxide. The furnaces were run with a large volume of air under a relatively low pressure, a low smelting column, and a very hot top; as a result, a large amount of zinc was volatilized. Even with the low smelting column and hot top, accretions caused much trouble and barring, down was a daily occurrence. At the time most of the theories on lead blast-furnace work were promulgated or worked out, it was necessary to run a furnace with a cold top in order to avoid an excessive loss due to fines and fume. At the same time, the smelting conditions had to be such that the lead and silver would be reduced and would enter the bullion. The slag had to be liquid but the charge must not give excessive accretions either in the hearth or on the walls of the furnace. This forced the operators to run the furnaces with a comparatively low blast, which, in turn, caused a small fuel consumption per unit of time with the accompanying result of a low working temperature.

Jan 8, 1925

By Paul T. Allsman

1.1-1. Current Status. The history of surface mining is essentially that of mining coal, copper, and iron ores, and the nonmetallic minerals--clays, gypsum, phosphate rock, sand, gravel, and stone. Table 1.1-1 is a comparison of the estimated world production of crude metallic and nonmetallic ores and coal with that of the United States for 1964, in short tons. It includes an estimate of the quantity produced by surface mining methods. Two-thirds of the 8.8 billion tons are mined from surface, ranging from a third of the coal, half the metallic ores, and nearly all clays, stone, sand, and gravel. In the United States, production by surface methods parallels that of the world with two major exceptions: 74% of copper ore and 90% of usable iron ore are mined from the surface, whereas outside the country less than 40% of copper ore and only 50% of usable iron ore are mined from the surface. In surface mining of both metallic ores and coal, much waste is stripped, but in mining nonmetallics the ratio between waste and ore is small. Assuming that the stripping ratio for surface mining in the United States will apply equally to world production, it is estimated on a weighted basis that over 21 billion tons of waste, or a total of nearly 27 billion short tons of material, are mined annually in the world by surface methods. Data are not available to confirm the assumption for waste stripping outside the U.S., but the estimate expresses an order of magnitude that is worth noting. Table 1.1-2 shows the materials-crude ore, coal, and waste-mined by surface methods and the relation to total mined by both surface and under- ground methods in the United States during 1964. Eighty-two percent of all crude metallic and nonmetallic ores and coal was mined from the sur- face, including 82% of metallic, 96% of nonmetallic ores, and 35% of coal. Copper and iron ore comprise 83% of the metallic ores mined from the surface, and clays, gypsum, phosphate rock, sand, gravel, and stone

Jan 1, 1968

By M. Guney, A. R. Bell

In Mindola mine on the Zambian Copperbelt, there is a plan to extend the current production level of 1.2- 1.5 km (3,900-4,900 ft) with five additional production levels. Research work indicated that the present total heat output of 38.6 MW will inevitably increase to 63.2 MW in 25 years. Estimated WE and DB temperatures, representing the total heat generation in stope faces and development headings during these same periods are predicted to increase to 33.8/40.2°C (93/104°F) and 35.3/42.1°C (95/108°F) respectively. It is assessed that the nominal refrigeration capacity needs to be progressively increased to 9,000 M W.

Jan 1, 1984

When Ponce de León landed in Florida in 1573 he was told of an Indian chief that possessed much gold. In 1576 Diego Meruelo obtained some of it from the Indians, and in 1579 Álvarez de Pineda reported that the natives wore ornaments of gold, which they obtained from the rivers. These statements all refer to the southern Appalachian region. The name is recorded in 1527; when Pamphilo Narváez landed at Tampa he heard that there was much gold to be obtained in a region named Apalache. * In 1564 René Laudonnière describes the methods used by the natives to win gold in the Apalatcy mountains.† However, no serious mining operations were undertaken until long afterward; the mining of gold in the Southern States may be said to have had its beginning when a nugget was found at the Reed mine, in North Carolina, in 1799. This nugget, which was of "the size of a small smoothing iron", was kept for several years before the finder learned what it was, but later more lumps, one weighing 28 pounds, were found in the same locality, and eager digging ensued. ‡ Thomas Jefferson, in his `Notes on Virginia', mentions the finding of a quartz specimen, not a nugget as is generally stated, that contained 17 pennyweights of gold; this was found on the Rappahannock river in 1782. §

Jan 1, 1932

By David J. Mack

The structures and properties of the copper-aluminum alloys have been the subject of much study since the classic investigation of Carpenter and Edwards1 focused attention on. the engineering utility of these alloys. It was recognized at an early date that the metallographic structures developed in the aluminum bronzes were similar to those developed in steels, both in the annealed and the rapidly cooled state. Most investigators have been concerned with the acicular, martensitic-like structure formed from the 0 solid solution upon rapid quenching; the transformation of the ß under equilibrium cooling to a lamellar eutectoid having been relatively neglected. With the introduction in 1930 by Davenport and Bain2 of the isothermal transformation technique for studying eutectoidal decompositions, a new field was opened. Although an enormous amount of work has since been done on the isothermal transformation of steel, study of structurally analogous systems has been almost totally overlooked. The outstanding exception was the prize-winning paper† of Smith and Lind1ief³ ho investigated the decomposition of the 0 phase in copper-aluminum alloys by isothermal methods. This was followed in 1934 by Wasserman's review' of available information on analogous transformations in eutectoid alloys. Since that time no comprehensive study of isothermally transformed eutectoids analogous to steel has appeared, although many valuable contributions have been made to an understanding of the structures developed in such systems. Important papers have been published by Kurdjumow, Gridnew and co-workers, Obinata,18.'9 Greninger,20.21 and Others. The work to be described in this paper was an outgrowth of preliminary studies on the isothermal transformation of a entectoid aluminum bronze, after it became apparent that the alloy under study was reacting somewhat differently than the similar alloy used by Smith and Lindlief. Preliminary Experiments The material used in this study was a high purity aluminum bronze especially prepared by Ampco Metal, Inc. It analyzed: Copper—88.07 pet, Aluminum—11.89 pct, Iron-—0.02 pet, Manganese—-.OI pct, Others—Balance. Although some disagreement exists on the exact composition of the eutectoid, this alloy was believed to be of essentially eutectoid composition even though some pro-eutectoid* delta particles existed in the microstructure of furnace cooled specimens. Specimens transformed isothermally at temperatures slightly below the eutectoid showed relatively large amounts of pre-eutectoid delta, but as will be shown later, this results

Jan 1, 1949

By Elmer R. Kaiser

Cooperative research is an established and important activity of modern business by which whole industries can advance on a broad front. The economy of jointly sponsored research as well as the limited research talent available direct attention to the advisability of projects in which a number of companies participate. After outlining the growth of industrial research, the paper discusses one successful method for organizing and financing group research programs. A systematic procedure is advocated by which engineers and scientists can bring to management practical plans for cooperative research and development programs.

Jan 3, 1950

By W. M. Peirce

THE PROCESSES USED FOR THE rolling of zinc are not novel or unique in a mechanical sense. There has not been so widespread a tendency toward heavy slabs and mechanical handling, and toward 3-high and continuous mills as has taken place with steel and with some of the other nonferrous metals. Those respects in which the rolling of zinc differs from the rolling of other metals center around two facts. First, the hexagonal zinc crystal has only one plane of easy slip: namely, the basal plane. Fortunately, however, the crystal twins readily on any of the pyramidal planes, thereby creating new basal planes favorably oriented for relief of the stress which has caused twinning. Second, the recrystallization temperature of zinc is little above room temperature and for very pure grades of zinc may in fact, be at room temperature for severely strained material. The practical effect of these two characteristics of zinc will become evident in the later discussion. First, it is necessary to give some attention to the melting and casting of billets for rolling. Reverberatory furnaces are commonly used for melting. These vary over a wide range of capacity from as low as 5 tons to 100 tons or over. Low-frequency electric furnaces have also been used with satisfactory results. Arc Furnaces are, of course unsuited to a low-melting and lute-boiling metal, such as zinc. To minimize oxidation and volatilization losses in the furnace, the temperature should be kept below 500°C. With this temperature in the melting furnace, a suitable pouring temperature in the neighborhood of 460°C can he maintained at the mold when a transfer ladle is used for pouring.

Jan 1, 1948

INTRODUCTION In the preceding chapters we have discussed the various elements of mineral economic analysis, their interrelationships, and the most accepted and advanced techniques by which these elements are manipulated to provide the decision maker quantitative measurements for judging alternate investment opportunities. Regardless of how carefully the economic evaluation is made, and how comprehensive the study of economic parameters has been, uncertainty still remains a significant factor in the outcome of the analysis. The investor or money manager is acutely aware of the uncertainty factor. Many of the economic parameters are functions of economic forecasts and value estimates that can- not be known with any degree of certainty. The postulated DCF-ROR is based upon certain estimates representing "best guess" values, and a single point parameter DCF-ROR analysis represents a combination of "best guesses." The wise decision maker looks at such an analysis and asks the "what if" questions. What if the production cost is 10% higher than the estimate? What if there is an overrun in construction costs? What if the mineral price falls lower than expected? What will be the effect of a higher royalty rate? Many more such questions may arise in trying to assess the total risk involved in funding a mineral project. Prior to the advent of the computer it was difficult to answer all such anticipated questions because of the many laborious calculations involved. Now, with the aid of the computer, most of these questions can be answered by the analyst at the same time the original computations are made by using the process of sensitivity analysis. Sensitivity analysis shows the effect of critical parameter changes upon the DCF-ROR or other profitability measure. When probability of occurrence can be associated with the various parameter value levels, sensitivity analysis becomes probabilistic analysis, and the risk factor can be quantitized in terms of total probability. SENSITIVITY ANALYSIS The determination of the sensitivity of the profitability index (usually the DCF-ROR) to changes in the various economic parameters, taking them one at a time, is called sensitivity analysis. The analysis may be performed for any number of parameters involved in the DCF-ROR computation. Generally, in mineral evaluations the most sensitive and most tested parameters are: the metal or mineral price, the operating cost, the annual production grade, and the initial capital invest-

Jan 1, 1980

By E. P. Shoub, J. P. Riott, R. C. Buehl

Pilot-plant tests have demonstrated that it is possible to produce low-sulphur sponge iron (0.03 to 0.0; per cent sulphur) as a continuous process in an internally fired rotary kiln from iron ore or mill scale; a solid carbonaceous reducing agent; and dolomite to control the sulphur content. The proportion of dolomite employed is small, so that it does not add materially to the cost of the sponge iron. The entire operation is carried out at temperatures well below the melting point of iron, so that the product is discharged in granular form. Compared with other methods for the production of sponge iron, the rotary-kiln method has the advantage of simplicity and low cost of equipment and, in addition, requires little labor for the operation of the process. The pilot-plant equipment used for this work was sufficiently large to demonstrate that the production of low-sulphur sponge iron in rotary kilns is feasible and that the costs are not excessive for applications in which sponge iron has distinct advantages over competing materials. This report constitutes a part of a program by the Bureau of Mines under a special Congressional appropriation for studying gaseous and solid fuel reduction of iron ores. Numerous articles on various phases of these investigations have appeared in Bureau of Mines publications or technical journals. Other articles are being prepared and will be published in the near future. The present program, which is under the supervision of Dr. R. S. Dean, Assistant Director of the Bureau of Mines, was initiated in 1942. However, a considerable portion of the work was a continuation of previous research performed by the Bureau. Previous investigators1-4 utilizing the rotary kiln for the production of sponge iron did not develop a suitable method for controlling the sulphur content. A review of the literature shows that the sulphur content in the product usually exceeded 0.1 per cent unless reducing agents with very low sulphur contents were employed. This high sulphur value made the product generally undesirable for use as melting stock in electric or open-hearth furnaces. The production of sponge iron in an internally fired rotary kiln has been described in detail in Bureau of Mines Bullelin 2702; consequently, this article will be confined mostly to new features of the process—that is, means for controlling the sulphur content of the sponge iron. Suitable raw materials include iron ores or mill scale; coal or coke for reducing them, and sized dolomite ( — poi-100-mesh) as the sulphur-controlling agent. A mixture of the raw materials in granular form is fed into the elevated end of the kiln, which is fired axially from the lower or discharge end. In the reducing zone, which is approximately one third the length of the kiln measured from the dis-

Jan 1, 1948