GLG News by Iron Ore Mining Experts

A study published Tuesday by international environmental group WWF and the China Council for International Cooperation on Environment and Development stated that China is using double the amount of water, land and other natural resources that its ecosystem can provide over the long term.  Read...

The British governments hopes for early success in defeating global warming by cleaning up coal fired power stations have been challenged by a leading power generator.  Read http://news.bbc.co.uk/2/hi/programmes/file_on_4/7444470.stm.  The article states that the cost of cost of electricity...

Overlooking the author’s tendency for hyperbole and his greatly distorted timeline of history, his conclusion that demand for new coal cars will soon return is right on target. He is also right in highlighting the current danger to those builders who might be exposed to fixed price contracts and escalating...

This article is important because it indicates shrinking electric power market in Italy and aggravating financial standings of especially such small power companies having no interest in energy sources. This occurrence is suggestive to other utilities in the world in similar situations...

A significant percentage of the dry bulk fleet continues to trade past the normal retirement age of 25 years due to robust rates.  This will be corrected in 2010, when new vessels will push down rates and push out vintage tonnage.

Key Points are implications from viewpoint of resources business and from technology business viewpoint.   (1) From viewpoint of resources business, the topic only emphasized the importance of the role that suppliers play, implying more profits expectable from coal investment, exploration,...

Perhaps a bit too late, we are seeing signs of a cut off in new vessel orders for the offshore service sector.

The article highlights the limitations to slow-steaming and why this will result in diminishing returns as a mechanism for absorbing excess container ship capacity.

The in Forbes article about the large number of surplus railcars, the author incorrectly blames the railroad companies for stocking up on ethanol cars until the “ethanol bubble burst” and they realized they had built too many cars. In truth, railcar leasing companies ordered the cars after hearing requests...

Toyota and Honda have both announced in the last month that they will use nickel metal hydride batteries in their hybrid vehicles for the near term, at least for the next five years, and perhaps well beyond that. Toyota has also announced that it will dramatically ramp up nickel metal hydride battery...