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GLG News by Scrap Metal Experts

Salvatore Pinizzotto, Managing Director
Salvatore Pinizzotto, Managing Director
Xida Market Research
Analysis of: Two year delay for BHP’s Ravensthorpe nickel mine (www.metalmarkets.org.uk)
Raventhorpe nickel mine has always been considered a first class deposit but it shows as difficult is nowadays even for the best equipped mining companies to deliver a project on time.
Salvatore Pinizzotto, Managing Director
Salvatore Pinizzotto, Managing Director
Xida Market Research
Analysis of: Europeans switching back to coal (www.iht.com)
Enel's investment plan is considering the development of a mix of technologies to increase security of energy supply and bring Italy a step forward to comply with the Kyoto's goals.
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Toyota, Matsushita to Build Hybrid-Battery Plants, Nikkei Says (www.bloomberg.com)
Toyota is 1. Increasing the production capacity of its existing original joint venture plant with Matsushita (Panasonic) to make nickel metal hydride, NiMH, batteries for hybrid vehicles, 2. Building an additional new nickel metal hydride battery plant with Matsushita, which, when combined with...
Salvatore Pinizzotto, Managing Director
Salvatore Pinizzotto, Managing Director
Xida Market Research
Analysis of: Producers say $200 oil is possible as prices hit record three days running (www.guardian.co.uk)
The diversification of sources in energy production is not  a matter only correlated to the level of oil price. The current level of oil price certainly stimulate differentiation but security of supply is another driving force.
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Cobasys' owners push for sale of battery maker (www.mlive.com)
GM doesn't seem to understand battery technologies at all. Toyota's supplier of nickel metal hydride batteries has so far delivered more than 1 1/2 million of them for the Toyota hybrid fleet. Cobasys a joint venture between Chevron and Ovonic Materials-a spinoff of Energy Conversion Devices, which...
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Trade in raw materials and commodities- MEPs concerned about supply (www.europarl.europa.eu)
The USA has reduced its production of natural resources to below self-sufficiency not because of a lack of ore bodies or oil, gas, and coal, or the technology to recover lower grade resources efficiently and economically, but because of a cultish adherence to an environmentalism that refuses to recognize...
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: MythBusters Hack Go-Kart in Extreme Electric vs. Gas Test (www.popularmechanics.com)
Lithium cobalt oxide batteries in the sizes needed for laptop computers have been known to overheat and even burst into flame. Lithium iron phosphate batteries are known to develop internal high pressures. If the car companies are not going to tell us which technology they have chosen for lithium batteries...
Salvatore Pinizzotto, Managing Director
Salvatore Pinizzotto, Managing Director
Xida Market Research
Analysis of: Global Stainless Steel Output Expected to Rise in '08 (www.engineeringnews.co.za)
The stainless steel market is strongly dependent by the Chinese market. Stainless steel production has been so far below expectations and it will be very difficult any recovery during the second half of the year. 
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Chrysler seeks 25% slash in parts prices (www.autonews.com)
The American OEM automotive industry bankrupted its supply base by demanding ever increasing price concessions while absconding with the uncapitalized value of its supply bases's technology and using the stolen technology to buy low labor costs from outsourced suppliers. GM led the parade of short sighted...
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Mines Could Reopen As Prices Soar (news.bbc.co.uk)
Some archaeologists believe that the mediterranean bronze age was cut short, and superceeded, prematurely,  by the iron age, by the refusal of Greek and Phoenician traders to take the financial risk of obtaining tin from the distant and dangerous 'tin isles,' known now as the British Isles....

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