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Falconbridge
Portrait of a Canadian Mining Multinational
by John Deverell
Little is known about the private, often mysterious, world of multinational corporations. This book offers a startling critical look at one such company.
Falconbridge is a giant in the nickel mining business in Canada, second only to Inco. It is an enormous multinational in its own right, with mines in Sudbury, the Dominican Republic, southern Africa and elsewhere.
Since nickel is a vital strategic material, the growth and power of Falconbridge is intimately related to the history of the world's armaments industry. Falconbridge took off when it was awarded a massive nickel stock piling contract by the U.S. government in 1953. Gradually the involvement of American business in the company increased, culminating in a takeover by Texas oilman Howard Keck of Superior Oil. Falconbridge emerges as a company that is Canadian in name only, a company whose activities are related directly to U.S. defence and foreign policy.
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