GLG News by Iron Ore Mining Experts

The market capitalization of the Detroit Two (Chrysler having been privatized by Cerberus is no longer a public company with a transparent market 'cap.') is a grand total of less than 20 billion dollars with GM accounting for an astonishingly tiny 8 billion of that.   Toyota, which is in fact...

    The input costs for utilities to generate electricity are up.  These costs include coal, transportation, natural gas, and power purchases.  There are no guarantees, however, that a regulated utility may pass along these costs as discussed in the commentary section.

    Wind power qualifies for production tax credits.  These production tax credits are set to expire on December 31, 2008 without renewal by Congress and the President.

    Bituminous coal prices have soared over 100% in the last year.  This is obviously bad news to electric consumers dependent upon utilities with a large exposure to coal-fired generation.  The run-up in coal prices could be a benefit to some utilities.

    As the article correctly points out, capital costs to build a new power plant have risen considerably since 2000; coal plants included.  It is not just the up-front capital costs that have affected decisions to build new coal plants as discussed in the commentary sectio...

The recent announcements of major cutbacks in US light vehicle production will definitely have a negative impact on both railroad traffic volumes and railroad profits. While this traffic only accounts for only 5% of all US carload shipments, its hefty margins contribute much more to the bottom line...

Luckily for the free world the US is the world's largest producer of the metal molybdenum. Rhenium is contained as trace element in both the primary molybdenum ore mined in North America-which is responsible for 40% of North American molybdenum production-and in the molybdenum itself contained...

The GM EV1 battery powered car, which used lead-acid batteries, went 90 miles at 60 miles an hour on an overnight charge. It was discontinued nearly 20 years ago for lack of customer interest, said GM, at the time. What advantage does the 2010 or 2011 Chevrolet Volt have over this 20 year old techn...

The attempts are of little importance in terms of Japanese coal mining, but may be interesting in terms of additional energy alternatives.  In terms of coal mining, little is the importance of the Japanese attempts to explore coal from the abandoned coalfields for the activity implies...

It is impossible to believe that either Toyota or lithium battery developer A123 think its a good idea to modify an existing Prius into a plug-in hybrid by having a dealer install a system based on an A123 battery. Toyota cannot stop its independent dealers from charging gullible environmental activist...