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GLG News by Metallurgical Coal Experts

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August 18, 2008
Coal- to Gas-Fired Generation Considerations: It is Not Just Fuel Economics
Analysis of: Gas Drop Buoys Dynegy, Mirant in Slowing U.S. Economy | www.bloomberg.com
Author: Thomas Shewski, Owner, High Energy Services
    As the article points out, natural gas-fired generation may be cheaper than coal-fired generation in certain parts of the nation.  The section below discusses some of the items that go into the decision to fuel switch from coal to natural gas.
Jean-Pierre James ElsenerAugust 14, 2008
There is more to come....
Analysis of: Movado Group, Inc. Reaffirms FY 2009 EPS Guidance; Announces Initiatives To Streamline Operations And Reduce Expenses | www.reuters.com
Author: Jean-Pierre James Elsener, Owner, Elsener Consulting & Trading LLC
The Far East procurement base is hiking prices above inflation and market possibilities of its customers. Streamlining operations is a temporary solution only.
August 12, 2008
Bonanza of coal resource in India has been opened for global mining majors as well as coal consuming Indian companies.
Analysis of: CIL invites bids for 18 old mines | economictimes.indiatimes.com
Author: GLG Expert Contributor
Global mining companies are likely to encash this opportunity to enter into India through this indirect route easily. The coal supply may get enhanced through these mines and will ease the Indian’s demand-supply gap to some extent although in long run there will still be substantial import. Indian steel...
August 7, 2008
The demand-supply gap of coal is likely to surge in India, and the growth of imported coal may continue to be in double digit for next few years.
Analysis of: Forest ministry rebuts coal claims; says shoddy reports delay approval | www.livemint.com
Author: GLG Expert Contributor
    Presently India produces around 430 MT of coal and imports  50 MT per year. India will need over 700 MT of coal by year 2011-12. Since the production in existing mines is not witnessing any significant growth, the delay in  execution greenfield...
August 6, 2008
COAL IS NOT THE CULPRIT.
Analysis of: Coal's future is safe - but what about the climate? | www.reuters.com
Author: GLG Expert Contributor
Most of the temperature rise since the last ice age occurred before the Industrial Revolution according to studies of Icelandic coring. Even though countries such as India and China are not signatory to any global warming treaty they are pursuing a course of cleaning up their pollutants. India for instance...
Jean-Pierre James ElsenerAugust 5, 2008
Tanishq set on course to take Titan Industries to new heights.
Analysis of: Tanishq Jewelry Spurs Strong Growth at Titan Industries in 1Q 2008-09 | www.diamonds.net
Author: Jean-Pierre James Elsener, Owner, Elsener Consulting & Trading LLC
  Titan's watch brands stand to benefit from Tanishq's success and will allow Titan Industries to expand at an even more rapid pace.
Gene PlavnikJuly 31, 2008
Ethanol Complaints Are Only Temporary
Analysis of: In Gas-Powered World, Ethanol Stirs Complaints | www.nytimes.com
Author: Gene Plavnik, President, Heat Technologies Inc
Today's condition of the production of ethanol looks as it is not cost effective. Ethanol itself has some problems in the process of combustion in the internal combustion engine (ICE). But this is today. When the ethanol producers start providing market with desireable volumes of the fuel, the...
July 30, 2008
Wind Turbine Generation Farms are not reliable source of energy
Analysis of: When the wind stops - the other side of the wind turbine argument | www.telegraph.co.uk
Author: GLG Expert Contributor
I have come across one negative analysis about my published topic. I stand with contains of my published article. The said article was written based on my physical experience while developing two wind energy generation farms in south and west part of India. Duding vendor development process, I...
July 28, 2008
Wind Turbine Generation Farms are not reliable source of energy
Analysis of: When the wind stops - the other side of the wind turbine argument | www.telegraph.co.uk
Author: GLG Expert Contributor
As a normal procedure, Wind Farms are developed at selected sites after installing wind masts at proposed sites and wind conditions are observed for at least one year. But this is not a proven technology. Due to many factors, depending on local conditions, Wind conditions may vary from what was observed...
Markus BatesJuly 28, 2008
Cleveland-Cliffs/Alpha Natural Resources Became A Takeover Target Once Deal Was Announced
Analysis of: Cleveland-Cliffs' Fateful Flaw | online.wsj.com
Author: Markus Bates, President, BCM Enterprises, LLC
Contrary to the hedge fund, Harbinger's, belief that Cleveland-Cliffs takeover bid of Alpha was to put Cleveland-Cliffs itself out of reach of potential acquirers, my first thought on this deal was: which steel company is now going to buy this newly formed company?  These are two companies that...

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