How Henry Kissinger, General Pinochet and a small group of bankers in London turned Chile into the world’s largest copper producer. “The time to buy straw hats is in winter.”
Was it just another blundering coal deal? Or did Morgan Stanley devise the most cynical piece of corporate manoeuvring the mining industry’s ever seen. “They had an escape hatch and they used it.”
100 years on, the Guggenheims’ mining empire, which controlled 75 per cent of the world's copper, silver and lead, holds valuable lessons today
Industrialist Henry Ford went on a mine-buying spree in the 1920s, to control the raw materials that kept his factories running; as carmakers today try to lock-up battery metals, how did Ford's experiment end?