Monthly Archives: May 2008
Stability is key
New York Times: South Africans vent rage at migrants The mentality here seems to be, if you cannot kill the whites who have the money and power, then kill those who have even less than you do. Some days I … Continue reading
Filed under Uncategorized
Coal can compete in a carbon-emissions market
We want to do the right thing and reduce carbon emissions. In order to do that, we have green choices like hydro, wind, and solar, and I am completely for these possibilities. However, we have a limited number of these … Continue reading
Filed under Coal, Energy independence
CVRD in Oman
Khaleej Times Online: Oman signs MoU with Brazil’s Vale for $1 billion iron ore pellet plant This makes complete sense. CVRD (Vale) has more and more really fine ore that it has to pelletize. By building this pellet plant, it … Continue reading
Filed under Vale
Nationalism: It’s what’s for dinner
The Australian: Chinese firm sought cheaper iron ore through share deal “We hate the ore pricing system,” says Australia, “but let’s protect it from those scheming Chinese people. We cannot trust them. And heaven forbid that we make Canada’s mistake … Continue reading
Filed under Iron Ore
China-Rio-Africa love triangle
Bloomberg.com: Rio seeking Chinese partner for West African ore mine, Financial Times says Dear China, You do a lot of business in Africa. We have a great project, but it is a bit risky–do you want to put some capital … Continue reading
Filed under Iron Ore
Energy independence? It’ll cost us without coal
By 2012 the Canadian government does not want any new coal-fired power plants. Strong words; for some they would be fighting words. I can understand the rationale. I can even understand the political necessity. My question is, what do you … Continue reading
Filed under Coal, Energy independence
Dams, floods, and the ever-rising price of coal
Bloomberg.com: Australia coal-mine floods raise costs of cars, planes, washers Many people have this supply and demand curve that keeps on moving: They believe that while pricing of resources is being driven up by China’s purchases, at some point supply … Continue reading
Filed under Coal
Is Harbinger gone?
Reuters: Three Chinese groups eye Fortescue iron ore stake Congrats to Andrew Forrest, Australia’s richest man, on shipping the first ore, and to Harbinger Capital Partners on their possible sale of 16% of Fortescue to the Chinese. The fact is … Continue reading
Filed under Iron Ore
