GLG News by Iron Ore Mining Experts

Liberal politicians and overpaid executives seem to have exactly the same solution to all problems whether they be environmental, cultural, or scientific: Throw somebody elses's money at them. Isn't it obvious that the presently touted solutions to old problems may not be the correct ones? Isn't it...

Railcar builder Freightcar America reported a quarterly loss of $0.08/share due to high material costs impacting fixed price contracts and the need to restrain prices in a very slow market for coal cars. Management expressed confidence that demand for coal cars will remain strong in the future, especially...

Trinity Industries (TRN) reported earnings growth and increasing orders and deliveries in an otherwise declining market for new railcars, a feat that will probably elude the other railcar builders. Its 6,580 deliveries during the second quarter represented a 44% market share for the entire industry,...

I have come across one negative analysis about my published topic. I stand with contains of my published article. The said article was written based on my physical experience while developing two wind energy generation farms in south and west part of India. Duding vendor development process, I...

As a normal procedure, Wind Farms are developed at selected sites after installing wind masts at proposed sites and wind conditions are observed for at least one year. But this is not a proven technology. Due to many factors, depending on local conditions, Wind conditions may vary from what was observed...

Contrary to the hedge fund, Harbinger's, belief that Cleveland-Cliffs takeover bid of Alpha was to put Cleveland-Cliffs itself out of reach of potential acquirers, my first thought on this deal was: which steel company is now going to buy this newly formed company?  These are two companies that...

CSX and NS have both announced significant increases in quarterly profits while at the same time reporting declining traffic levels, a feat they have performed more than once in recent months. Overall railroad traffic was down about 2% for both carriers compared to last year, although up around 3.5%...

Tradewinds reports that some six or seven bidders responded to the initial round of indicative bids for TUI's liner shipping company.  NOL will be the successful bidder.

As James Carville might say to GM's Bob Lutz, "It's the battery, stupid, we don't have enough reliability and longevity data to put it on the market. That'll take at least five years after we finally choose a specific technology based in great part on initial reliability and longevity testing which...

Reuter's has now reported the official statement of a ranking official of China's Ministry of Economics, http://gateway.andohs.net/player/?sid=826&nid=2920 , to the effect that China's treasury must follow Chinese 'private' business and use its immense reserves of US dollars to obtain ownership...