GLG News by Mining Experts

The National Academies has just reported to Congress that the US civilian and military manufacturing industries are at risk of being crippled by shortages brought on by their growing dependence for raw materials on foreign sources that are, at best, politically risky, and at worst under the control...

Toyota, like every other car maker in the world, wants minimal non-market interference in its plans to make and sell cars that its customers want. Toyota also wants as level a playing field as possible when it comes to costly government intervention in the design, manufacturing of, or marketing of cars...

Did the Ford Motor Company, which had, until the current CEO's tenure, a succession of CEOs who were not born, raised, or educated in the United States, gain any international savvy thereby? Apparently not.

GM's global purchasing director says that commodity price increases are driving him to seek to substitute magnesium for aluminum and plastic for steel. Does he or anyone under his management at GM have any idea what they're saying on this topic? 

The Russian State has regained its self-esteem under the rule of Vladimir Putin, and the result is that his approval ratings within Russia make him invincible there. Putin does not believe in free market capitalism or the global economy when it comes to the control of domestic natural...

We endlessly now hear from employees of the OEM automotive companies and of their tier one (direct) suppliers that lithium technology batteries are 'on track' in their development, and that they will soon replace nickel metal hydride batteries for use in hybrids, plug in hybrids,  and/or battery...

ArcelorMittal would seem to be taking an enormous political risk with its capital in trying to acquire a very large Russian coal field as a source of coking coal perhaps for its European and certainly for its southeast Asian (Korea and Japan) operations and customers.

GM has been using much less of the platinum group metals in its catalytic converters than Mazda, Toyota, Nissan, or most other OEM automotive companies for years, so what's the big deal, and, more to the point, why announce this at all now?

General Motors negotiated an excellent deal, for General Motors, with the UAW, and both GM's and the UAW's top leadership hoped that it would be a pattern agreement. However the larger number of metropolitan Detroit-area located UAW workers at Chrysler and Ford facilities are already showing signs...

Steel Dynamics is dependent on scrap metal as a feedstock for its minimills. OmniSource is under competitive attack on its home turf from regional and national conglomerates. This was a good move for both companies, but it will reduce the effectiveness of OmniSource as an independent broker.&n...