Show v VANADIUM OVENS LIKELY Y TO MOVE TO EASTERN UTAH All Development of New Ind lii In- d stry Revealed WILL EFFECT SAVING SAVING Make Extensive Purchases of Ores Development of An important new in eastern Utah that may maybe be of great Importance to the west is foretold by W. W J. J Stephenson Denver Cob Colo associated with wilh the Utah Ulah Vanadium corporation of that city Mr Stephenson was in Salt Lake S Saturday for a a. short while after atter having vIsited the mining properties of the corporation at Thompsons and Cisco There are at t present blast furnaces furnaces fur fur- naces in Colorado treating Utah vanadium ore that are of much Importance importance Im- Im and Mr 1 Stephenson states that the actual treatment of the theore theore ore and the erection of the blast furnaces in eastern Utah for the making of vanadium metal Is b bring investigated d by the Utah VanadIum corporations corporation's engineers If sufficient water may be developed developed de- de or obtained at Thompsons or Cisco his company will move its present presen blast furnace oven of ton forty capacity to the Utah location lo- lo cation and erect an modem modern mod mod- em ern furnace of the same Capacity The company's present plant is at Denver ENTERED FIELD RECENTLY The United States Vanadium company entered the Utah fIeld for vanadium ore a short while a ago o. o and has In operation at Rifle Rine Cob Colo three blast furnaces of a total CApacity capacity CA- CA of tons of ore The properties properties prop prop- and plants of this latter compan con com pan pany Mr Stephenson stated were recently purchased for a. a considers considers- tion said to have been by bythe bythe the ElectrIcal Metallurgical l company corn com pany of New one of the largest largest larg- larg est of its kind in the world A keen demand for vanadium has developed in the steel industry and subsidiary industries Mr 1 Stephen Stephen- Sn says and the Utah deposits are of much Importance and mean the development of an important Industry industry indus indus- try within the state lie he states The movement of his company s plants to Utah where the ore is mined will wiIl mean a great saving and will mean that the company's plants for refining refining re- re fining and treatment o of the ore can grow as the demand for lor the product product prod prod- increases ORE FOUND HERE He also states that his company will be in a position to make extensive ex- ex purchases of this ore there being many deposits of it within the state Mr Stephenson states that his company first started out to get radium ra- ra from the ore deposits In Utah He says that in inthe the vanadium ore veins are found pockets of radium ore but but- that it was soon learned that the treatment of the ore for tor vanadium was much more profit profit- able Belgium int interests rests he states through deposits of radium ore in Africa were able to obtain control of the radium market over AmerIcan Amen AmerI- can producers |