The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 1 August 1955Vol. XXVI, No.1

NC Iron

p. 21 · Read in the full issue

BHP’s Interest in NC Iron

H Hill Pty. visited New Caledonia Nickel Co! V and other ' commercial interests concerned with supplying iron-ore to BHP in Australia.

The general manager of BHP (Mr. McClennon) and the company’s rhief ore-buver (Mr McAndy) viStPd the Yate hydro-electricity ! 1 d the iron-ore works at Sony Vnd the chrome and nickel ?entVet at Tiebaghi aSd Thio respectively g ’ a rp ro pynected hi the Zn of the vear The deal will end ..°t lamp minotitie* par ftaShSSh? bv NC tbp A maior facto? in the French’ trade balance with Colony s adverse trade balance wim The company to work the Prony Bay iron-ore deposits Societe Caledonienne des Minerals de Fer, has a capital of 15.000 000 Pacific francs and has contracted to deliver to BHP 160.000 tons a year.