GLG News by Iron Ore Mining Experts

General Motor's admits that "The Volt...has a range of 40 miles (when all power equipment has been turned off, including air conditioner, stereo and headlights),...."   General Motors apparently suffers from "We will build it, and they will buy it syndrome." Who now needs a short...

The rush to analogy by the mainstream media has recently brought us such oversimplifications as the comparison of modern America to ancient Rome and of Barack Obama to John F. Kennedy, but the MSM may be on to something with a description of the disappearance of interest by investors in thinly...

As a result of the tightening of credit and the drop in crude oil prices Oil company executives will act rationally with regard to what they perceive as in the best interests of their firms.  This will involve a focus on cash generation through 1. focus on production 2. reduction in costs...

The critical metals for consumer electronics are all byproducts of the production of base metals. Any cut in base metal production is automatically a cut in byproduct metal production.

    The Dakota Minnesota & Eastern (DM&E) Railroad was recently acquired by the Canadian Pacific (CP) Railway.  The DM&E has for years been proposing an extension to the Wyoming Powder River Basin coal reserves.  This project, if commenced, would upgrade an...

American OEM heavy industry is once more highlighting its worst shortcoming: A total lack of long term strategic planning to manage the risk of supply interruption of critical materials due to production limitations on natural resources. It's difficult to imagine just how urgent a company such...

The Ford Motor Company is following the lead of Toyota and will market four hybrid models in its 2010 lineup, due out in less than 6 months at the end of the first quarter of 2009. The Ford Escape and Mercury Mariner for 2010 will be upgraded and joined by hybrid versions of the Ford Fusion...

No one has ever built a practical electric powered performance car with  a range on a single charge of 250 miles and a top speed of 150+ mph. It certainly may be possible to make and select from thousands of lithium-ion batteries enough stable ones to build a battery pack large enough to give the...

Britannia Bulk Holdings (NYSE:DWT) published a press release indicating a dire financial crisis at the company.  DWT is an example of issues facing many speculative dry bulk owners.

CSX Chairman Michael Ward recently remarked on the growing opposition to coal fired utilities in the country, saying that limiting coal’s use for electricity "is probably one of the stupidest things you could do." For CSX and the other railroads, it would be a bad thing if the electric utilities turned...