GLG News by Iron Ore Mining Experts

The Chevrolet Volt, if it is brought to market too early, will fail both in its intended use and in its operation. 

Standard Car Truck will be a great addition to the Wabtec family of companies. There is no overlap in product lines and most of the products offered by Standard will compliment those already made at Wabtec. Moreover, there are potential synergies that may enable the company to grow organically...

There are two non-silicon chemistries now being hyped as the bases for thin-film solar cells: 1. Cadmium telluride, and 2. Copper Indium Gallium Selenide Neither is practical at all.

On September 10, an analyst at USB thought that the two major western railroads would do well in the second half of 2008, the day before CSX upgraded its earnings estimates for its third quarter from around $3.55 to $3.70.  USB had also upgraded Norfolk Southern to a BUY on September 10. Most analysts...

The future of the personal automobile is in the gasoline or kerosene(diesel) burning internal combustion engine. Future cars will be small, lightweight, and get 50 MPG and more. The Toyota prius hybrid already gets 50 MPG right off the showroom floor. This is why Toyota is increasing the production...

Is a rare earth mining boomlet under way?

1.  Timing of CVRD announcement is rather odd with record iron ore inventories and steel prices beginning to slide in China. 2.  Longterm mismatch between iron ore supply and steel demand not readily apparent in today's market. 3.  The gap in vessel freight spread between Brazil and Australia...

CIT Group Inc. (CIT) had placed its railcar leasing business on the market and invited several bidders to make an offer for its assets before changing its mind and deciding to hold onto the business. They were not alone in considering a sale of their railcar leasing business, although they were perhaps...

Incredibly American states from which manufacturing jobs were lost by the hundreds of thousands over the last few years are bribing foreign heavy industry, the very industry that we were told by Wall Street was 'obsolete in the modern globalized American service economy, to set up manufacturing plants...

The current renaissance for the railroad industry began in 2004 when railroad traffic exploded (double digit gains in some key traffic segments) and freight rates were unlocked and allowed to seek a market level. For the railroad companies, the exceptional profit gains since 2005 have been almost exclusively...