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GLG News by Iron Ore Mining Experts

Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Solar power: Supply and demand tables start to turn (www.ft.com)
This article seems mostly nonsense to me. It is poorly researched and seems to conflate different solar technologies and their problems with one another in a purposefully confusing way.
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: SRA agrees germanium and gallium leachate supply deals (www.semiconductor-today.com)
Minor metal byproducts of major 'base' metals, which were discarded as waste or for which the mine did not get paid by the refiner are rapidly growing in importance and may represent enough added value to allow for the re-opening of marginal mines.
Toby Kolstad, President
Toby Kolstad, President
Rail Theory Forecasts
Analysis of: Sector Snap: Rate ruling seen hurting railroads (biz.yahoo.com)
On June 30, 2008, the STB ruled that CSX was charging excessively high rates to Dupont for several movements of chemical products and ordered the railroad to reduce them and pay reparations to Dupont . Several weeks ago, the STB ruled that UP had overcharged a Kansas Utility and ordered them to reduce...
Craig Marston, Managing Director
Craig Marston, Managing Director
CEM Marine
Analysis of: Reaction mixed (www.tradewinds.no)
Tradewinds reported that Rio Tinto and BHP Billington have finalized contracts with Baosteel for an 80%+ increase in the price of iron ore out of Australia.  This compares favorably to the Vale benchmark achieved earlier this year for a 65% increase out of Brazil and reflects the freight differential...
Toby Kolstad, President
Toby Kolstad, President
Rail Theory Forecasts
Analysis of: US rail shipments fall 5.7 percent amid floods (biz.yahoo.com)
The Association of American Railroads (AAR) reported that the Midwest Floods “continued to negatively impact rail freight traffic” during last week, a statement easily verified by a quick check of the weekly carloads of the UP RR which showed at 10% drop in carload for the week ending June 21. However,...
Craig Marston, Managing Director
Craig Marston, Managing Director
CEM Marine
Analysis of: Matson sued (www.tradewinds.no)
Tradewinds reported that Rhythm of Life Cosmetics has filed a "me too" law suit against Matson Navigation Company (Nasdaq:ALEX) citing the DOJ investigation into the Jones Act liner trades.  This is the first suit against Matson, whom does not participate in the Puerto Rico trade where most of...
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Wipers, Stereo Raise Price of Chevrolet Volt to $35,000 (blog.wired.com)
Is GM planning to introduce and sell the Chevrolet Volt in November, 2010, at a loss? Probably. Even 'Maximum' Bob Lutz admits that the car might sell at a loss 'for many years.' The irreducible costs are not in the raw materials for a lithium ion battery. Lithium is actually rather cheap. They are...
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: GM's Maximum Bob: Don't tell me how to make an E-car (latimesblogs.latimes.com)
For the last ten years as the center of the OEM automotive industry's growth has shifted to mainland Asia we have heard nothing but failure-excusing buzz words from the 'leaders' of the OEM American automotive industry. Legacy costs, health care, and, just now, as they finally admit it, raw material...
Analysis of: Oil prices mark the need for alternative energy sources (www.busrep.co.za)
We the public are wihtout any definitive answers as to why oil prices are so high.  The impact of the recent Saudi oil meeting didn't come up with a credible plan of action to resolve or even shed any light on why oil prices are so high.  Recent hearings on capital hill with key...
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: UPDATE 2-Toshiba looks to procure metals from Kazakhstan (uk.reuters.com)
Survival of their nation's industrial base and industrial independence has sent Japanese companies on a hunt for critical natural resources. When will American's wake up to the damage to out domestic economy that ignoring this issue has already caused and the impending disaster if we do nothing about...

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