GLG News by Mining Equipment Experts

  During  the  early  1970's  the  coal  industry  started  to  expand  and  found  that  not  only  was  there  a  shortage  of  engineers  and  technical  people  but ...

    All of the various regulations being discussed in the U.S. Congress to slow, stabilize, and then reduce CO2 emissions nationally include some type of cap and trade system.  Each of these programs have a portion of the CO2 emissions allowances being allocated for free to...

    The biggest driver for orders of coal railcars will be the new coal plants coming on line the next few years.  The commentary section below discusses the number of new coal plants presented by FreightCar America on its Q1 2008 conference call versus an updated analysis by...

The article rightfully points out to the increase in demand for steel products and metals in general and that countries as India, China and the Middle are one big construction site with high demand for raw metals thus increasing  prices of the benchmark products such as hot-rolled carbon steel...

    The BNSF and other railroads charge in new coal transportation tariffs and contracts a fuel surcharge to recover the cost of fuel.  Other freight moves also come under fuel surcharges.  The commentary that follows discusses by the numbers the BNSF’s fuel surcharge on...

    The EPA is currently being challenged in the courts by both the states and industry over various aspects of the Clean Air Interstate Rule (CAIR).  The outcome of the case could provide an opportunity for those trading SO2 allowances.

    SO2 allowances are traded daily in the broker and private party markets.  The value of these credits are down, affecting both the cost to generate electricity on coal and the realized sales price received by coal suppliers.

    The Clean Air Interstate Rule (CAIR) requires a further reduction in NOx from coal-fired power plants starting in 2009.  This reduction in NOx will add to the dispatch cost from coal-fired generation.

London Heathrow is a problematic airport,  outed over congested and overely expanded facility. But beyond all this it is mismanaged and customer care  does not exist in the employees mind. Most business travelers are avoiding Heathrow and traveling out of London City airport , a smaller...

    Coal lease rates in the PRB are climbing and will cut in coal companies’ margins as exhibited by Foundations recent successful lease bid and Rio Tinto’s higher, but unsuccessful bid.  Also, the upfront payments are due often before the coal is even mined.