GLG News by Scrap Metal Experts
Analysis of:
Stocks Gain as Oil’s Fall Continues (www.nytimes.com)
Gold has no utilitarian value whatsoever. Oil, however, is intrinsically the single most valuable commodity in the world and will remain so until the production of electric energy and the fueling of ordinary passenger and freight carrying vehicles in a nation no longer uses more oil than that nation...
August 8, 2008
Mercedes May Cancel Hybrid SUV Plan, Because It Can't Get Nickel Metal Hydride Batteries. What Happened To Lithium?
Analysis of:
Mercedes May Cancel Hybrid SUV Plan Due To Chevron Dispute (www.informationweek.com)
Mercedes May Cancel Hybrid SUV Plan, Because It Can't Get Nickel Metal Hydride Batteries. What Happened To Lithium?
Mercedes is leading the green charge in European luxury cars. It is bringing its Bluetec diesel engines to the market to improve fuel efficiency and lower emissions for its premium cars. Mercedes also keeps talking about a plug-in hybrid using a 'lithium' battery that is supposed to be coming soon....
August 6, 2008
Obama, Like GM, Does't Lack Inexperience In The Management of Scientific and Engineering Enterprises
Analysis of:
Obama: 1 million plug-in hybrid vehicles by 2015 (www.autobloggreen.com)
Obama, Like GM, Does't Lack Inexperience In The Management of Scientific and Engineering Enterprises
Liberal politicians and overpaid executives seem to have exactly the same solution to all problems whether they be environmental, cultural, or scientific: Throw somebody elses's money at them. Isn't it obvious that the presently touted solutions to old problems may not be the correct ones? Isn't it...
Analysis of:
Gold futures drop $36 in three days (www.marketwatch.com)
Base metal prices have been somewhat bearish as of late as have other commodity prices such as oil and gas. Speculators often react and overreact to daily news items forcing large swings in commodity pricing. However the greatest real effect on commodity prices will be whether Chinese buyers come...
July 24, 2008
Ford Executive Inadvertently(?) Sinks The Chevrolet Volt; The Lady's Logic Is Tough To Refute."
Analysis of:
Ford mass plug-ins at least 5 years away (uk.reuters.com)
Ford Executive Inadvertently(?) Sinks The Chevrolet Volt; The Lady's Logic Is Tough To Refute."
As James Carville might say to GM's Bob Lutz, "It's the battery, stupid, we don't have enough reliability and longevity data to put it on the market. That'll take at least five years after we finally choose a specific technology based in great part on initial reliability and longevity testing which...
July 22, 2008
Is China Seeking To Practice The Golden Rule Of Natural Resources: He Who Has The Natural Resources Makes The Rules?
Analysis of:
China urged to spend FX on mines, resources (uk.reuters.com)
Is China Seeking To Practice The Golden Rule Of Natural Resources: He Who Has The Natural Resources Makes The Rules?
Reuter's has now reported the official statement of a ranking official of China's Ministry of Economics, http://gateway.andohs.net/player/?sid=826&nid=2920 , to the effect that China's treasury must follow Chinese 'private' business and use its immense reserves of US dollars to obtain ownership...
Analysis of:
Wind Power: Turbine Time (www.economist.com)
Wind turbines can be used to produce electricity but in order to do so they must use permanent magnets and batteries. Building even the 'modest' 17 gigawatts of wind power generated electricity that Texas alone projects would add so much demand for rare earth metals as to be impossible to...
Analysis of:
Toyota to add solar panels to some Prius hybrids (www.washingtonpost.com)
In order to maximize the range of a hybrid or all electric car it is important to minimize the drain on the battery from any load but that of the drive train.
Analysis of:
Solar power: Supply and demand tables start to turn (www.ft.com)
This article seems mostly nonsense to me. It is poorly researched and seems to conflate different solar technologies and their problems with one another in a purposefully confusing way.
Analysis of:
SRA agrees germanium and gallium leachate supply deals (www.semiconductor-today.com)
Minor metal byproducts of major 'base' metals, which were discarded as waste or for which the mine did not get paid by the refiner are rapidly growing in importance and may represent enough added value to allow for the re-opening of marginal mines.
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