The article reports that the king of the Amazon, Isaac Benyaon Sabba, had sales of 40 million dollars from oil refining and lumbering, and he is planning to expand his business to shipbuilding, gold mining and petrochemicals. It states that U.S. Steel Corp. has turned up huge deposits of iron ore, in south of Amazon, and National Bulk Carriers Inc. has bought 4 million acres of forest land for tree farming, in the same area. It mentions that Sabba is increasing his plywood operations capacity.