GLG News by Mining Experts

Honda has more experience engineering, designing, and manufacturing internal combustion engines than anyone else on earth. It is thus, by default, the most experienced and successful at the quality control and servicing of OEM automotive power trains. Are these the reasons why it has chosen...

Did General Motors' purchasing relax its standards for oversight and for credit allocation for FUCI Metals, because FUCI was set up as a minority business enterprise? Or, was GM in on it from the beginning, but lost control of it?

How are the Detroit Three reacting to the multiplicity of power train types among which they must choose in order to satisfy political expediency? They must choose among the many chocies and the choices are dictated by economics more than they are by politics.

Plastech Engineering, now in bankruptcy, was advertised as the largest minority owned and operated OEM automotive plastics supplier. In fact, it was a synthetic business, a money losing enterprise, created by the pressure, for minority content, which was generated by various Federal and State agencies...

Silicon is one of the most common chemical elements in the earth's crust; it is also exteremely accessible, since the vast majority of the beach sands on this planet are fairly pure silicon dioxide which have been produced by eons of weathering of silicate rocks and quartz. Tellurium...

Last week GM's most important 'car guy' let the cat out of the bag. GM Vice Chairman Bob Lutz let it be known that for the first time the market is driving GM's decisions on which products to take forward on a green path. The public clearly does not want a car for which there is no fuel available today...

The announcement by GM at the Geneva Motor Show that it will be offering for sale, next year, a high end SUV with a lithium iron phosphate battery equipped two mode hybrid power train followed the announcement the day before by Daimler of a high end Mercedes S-class hybrid to be introduced next...

Any new battery technology for use in a passenger or freight carrying vehicle will start out as very, very, expensive; its cost of development and prototype production will have to recovered somehow in the selling price of the cars. Assuming even that Daimler corporation has in hand, or is extremely...

James Carville famously said of political campaign issues, "It's the economy, stupid!" For OEM heavy manufacturing, "It's the raw materials availability, stupid!"

The once every 7 years or so platinum group metals, PGMs, shortage panic is off and running. The producers and trading companies are also panicked. Costs of producing new platinum are skyrocketing and the producers and traders know that this will ignite a new emphasis on replacing PGMs with much...