GLG News by Mining Equipment Experts

    The United States has more Btu-equivalent coal in the Illinois Basin alone than the combined oil of Saudi Arabia and Kuwait combined. The U.S. coal reserves are very attractive for coal-to-liquid (CTL) conversion. Yet, because of the high initial capital investment and potential...

    The UMWA on Friday, December 15 tentatively agreed to a new agreement with Consol’s UMWA mines. This was a much-watched negotiation because of its impact on coal supply and cost. The analysis section below describes what is known of the agreement

    The Powder River Basin Joint Rail Line is owned equally by the Union Pacific and BNSF Railway. The Powder River Basin Joint Rail Line experienced a meltdown because of dual derailments in May 2005 that resulted in deliveries only meeting approximately 85% of scheduled demand...

    In early December, the BNSF Railway announced that Roger Nober will join the BNSF effective January 1, 2007 as Executive Vice President, Law & Secretary reporting to the company’s Chairman, President, and Chief Executive Officer Matt Rose.     Roger...

    In early-December 2006, the BNSF filed with the Surface Transportation Board (STB) that if the Dakota, Minnesota & Eastern Railroad (DM&E) was successful in adding the proposed additional 260 rail miles to create a third rail line into the Powder River Basin coal fields,...

1. The total refined nickel imports, 3,536 metric tons came from Russia, followed by 2,552 metric tons from Australia and 1,662 metric tons from Canada.2. Chinese steel industry is totally depend upon the nickel imports3. This investment directly in mines makes huge changes in imports

Powerspan was awarded a deal to provide emissions control technology to American Municipal Power (AMP) at its proposed 1,000 MW coal-fired plant. Utilizing this technology will make the facility’s emissions one of the cleanest in the nation. The emissions to be reduced include SO2, NOx, mercury, and...

    Only the Norfolk Southern (NS) was recently determined by the Surface Transportation Board (STB) to be revenue adequate in 2005. The other six Class I Railroads were determined to not be revenue adequate in 2005. The NS was also determined to be revenue adequate in 2004.

    The Dakota Minnesota & Eastern (DM&E) have applied to the Federal Railroad Administration (FRA) for approximately $2.3 billion in Government-backed loan guarantees through the Railroad Rehabilitation & Improvement Financing (RRIF) out of the total $6.0 billion project....

    ADA-ES and NexGen announced this joint venture to produce refined coal to the market. This is another player in the beneficiated coal space such as Fuels Management, Incorporated’s Cowboy Coal, Evergreen’s (formally KFx) K-Fuel, and CoalTek.     The news...