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GLG News by Iron Ore Mining Experts

Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: British win orders back from China (www.ft.com)
Quality, on time delivery, and price used to be the three factors to be judged, and in that order of descending importance, by OEM automotive buyers. Then the accountants took over and simply dismissed those with engineering and materials evaluation skills as commodities whose opinions and...
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Is there a Prius in the future for Nummi? GM, Toyota in talks to build hybrid at Fremont plant, Tokyo paper says (www.sfgate.com)
Toyota only builds the Prius hybrid, the world's best selling hybrid, in Japan even though nearly 80% of the Prius production is sold in the USA. Why is this so? And, why, now that Toyota is committed to nearly tripling the production of Priuses worldwide by 2011, is it that the batteries and power...
Toby Kolstad, President
Toby Kolstad, President
Rail Theory Forecasts
Analysis of: Soft international container demand drives down total Q1 intermodal volume, IANA says (www.progressiverailroading.com)
IANA (Intermodal Association of North America) reported that the first quarter intermodal volume was down 2.4%, almost identical to the decline reported by the AAR several weeks ago. Not surprisingly, the decline in imports was cited as the main reason for the decline, although the losses were partially...
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Toyota, Matsushita to Build Hybrid-Battery Plants, Nikkei Says (www.bloomberg.com)
Toyota is 1. Increasing the production capacity of its existing original joint venture plant with Matsushita (Panasonic) to make nickel metal hydride, NiMH, batteries for hybrid vehicles, 2. Building an additional new nickel metal hydride battery plant with Matsushita, which, when combined with...
Craig Marston, Managing Director
Craig Marston, Managing Director
CEM Marine
Analysis of: Slower-steaming trend sparks rush to fix post-panamaxes (www.tradewinds.no)
The charter market for post-panamax tonnage is hot as owners jump on the bandwagon of slowing vessels to save fuel cost.
Craig Marston, Managing Director
Craig Marston, Managing Director
CEM Marine
Analysis of: Bunker surcharge floats (www.tradewinds.no)
Reports from the TSA indicate that their primary goal of the 2008 contracting season, floating fuel surcharges, has largely been accepted by shippers.  Their secondary goal, increases in the base freight rate, has largely failed.
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Cobasys' owners push for sale of battery maker (www.mlive.com)
GM doesn't seem to understand battery technologies at all. Toyota's supplier of nickel metal hydride batteries has so far delivered more than 1 1/2 million of them for the Toyota hybrid fleet. Cobasys a joint venture between Chevron and Ovonic Materials-a spinoff of Energy Conversion Devices, which...
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Trade in raw materials and commodities- MEPs concerned about supply (www.europarl.europa.eu)
The USA has reduced its production of natural resources to below self-sufficiency not because of a lack of ore bodies or oil, gas, and coal, or the technology to recover lower grade resources efficiently and economically, but because of a cultish adherence to an environmentalism that refuses to recognize...
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: MythBusters Hack Go-Kart in Extreme Electric vs. Gas Test (www.popularmechanics.com)
Lithium cobalt oxide batteries in the sizes needed for laptop computers have been known to overheat and even burst into flame. Lithium iron phosphate batteries are known to develop internal high pressures. If the car companies are not going to tell us which technology they have chosen for lithium batteries...
Toby Kolstad, President
Toby Kolstad, President
Rail Theory Forecasts
Analysis of: Union Pacific must cut coal rates for KC utility (biz.yahoo.com)
The Surface Transportation Board ruled that the freight rates that the Union Pacific Railroad unilaterally imposed upon Kansas City Power and Light in 2006 for the transportation of their Powder River Coal were in excess of the board’s guidelines for a carrier that had market dominance. Since the STB...

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