COMMENTS ON SEMI-FINAL DRAFT OF OCB REPORT ON SECURITY OF STATEGICALLY IMPORTANT INDUSTRIAL OPERATIONS IN FOREIGN COUNTRIES

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP62S00346A000100020032-0
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 2
• Document Creation Date: December 9, 2016
• Document Release Date: September 28, 1998
• Sequence Number: 32
• Publication Date: September 24, 1958
• Content Type: MEMO

Approved For Release 2000/08/23 : CIA-RDP62S00346A000100020032-0
of OCB
ions in
port on Security f S
reign Countries
1. I have read sabject report carefully and
individuals in 04 have done likewise. In reading the
possible comment, we have dept the contents of DOI Notice
in mind. Our only comments follow;
A. At the present time Chile produces about 435, metric
tons of copper and Perm only 6o, 000 metric tons. The Cerro de Pteco
Corporation and the Southern Perm Copper Corporation plan, however,
to increase their copper output in Peru by a total of 300,000 metric
tons per year. It may be thought desirable, theretere, to add these
Peruvian copper facilities to the list of strategically important
industrial operations vhich should receive protection. Both the above
firma are U.S. owned.
1958
B. Generally gpeakieg, the ?atbors of the OCE draft have
been conservative in picking inmtallations to be protected., i.e.,
they have riorously 'wiled the criteria given then. It seems to
me that this approach is a desirable one.
C. Annex A is a survey of a number of commodities, which
gives for each a percentage of "possible dependence'. This is defined
on the bottom of the first page as "the percentage of 3.-year U.S.
emergency requirements that night need to be net sources other
than the U.S., Canada and. Mexico . The peper never states explicitly
whether or not U.S. stockpiles are considered in arriving at this
percentage of dependency. In the discussion of antimony, (p. 2),
the statement is made that the 'U.S. has a sizable stockpile'. This
statement implies that the percentage of dependency was calculated by
ignorinG stockpiles, and that the sizable U.S. stockpiles reduce the
calculated dependency. The discussion of fluorspar (p. 7), however,
soya that there is going to be a substantial decline in requirements,
and that additional quantities are being stockpiled. 'Became of
these factors-, the paper says, 'it is probably (sic) that little or
no overseas dependence will be shown within a short period of time .
This statement implies that percentages of dependency are calculated
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25X1A9a
Distribution:
Orig. and 1 - D/AD/RR
2 - AD/RR
25X1A9a ORR:D/M: /3011 (24 Sept 50
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