Ford has developed a prototype vehicle--the P2000--that replaces steel and cast iron in several key components as part of an effort to reduce the weight of a vehicle by 40%, which would create dramatic fuel efficiencies.
Iron ore was the largest contributor to Anglo's profit in 2011, but the firm said production at its key Kumba Iron Ore unit fell 19% to nine million tonnes, after five million tonnes of production were lost at its Sishen mine due to the strike.
Iron ore, also a key component in the production of steel, seems poised to pop.
FORBES: Watch Out In Iron Ore, Coal, Copper When Easy Money Policies Are Done, Says Rio Tinto
Many women of childbearing age in Scotland are known to be deficient in key nutrients including iron, calcium, folate and vitamin D.
Cardiff had grown rapidly since it became a key port for exporting iron during the early 19th century, then quickly established itself as the world's greatest coal port, handling most of the coal from the south Wales Valleys.
Droughts in Argentina are punishing producers of soybeans and cereals, while Cyclone Yasni and continued floods are driving up the prices of coal, iron ore, and zinc, key components for the massive infrastructure projects in emerging economies like China, India, and Brazil. (Read On The Verge of a Global Food Crisis).
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While it appears a truism to state that commodity prices are set to continue their bull runs in the first half of 2011, a more precise look coming from one of the most interested parties in the game, Rio Tinto, provides additional support and key insight into risks facing prices for iron ore, coal, copper, and aluminum.
FORBES: Watch Out In Iron Ore, Coal, Copper When Easy Money Policies Are Done, Says Rio Tinto
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Merrill Lynch, says commodities such as iron, aluminum and oil have now reached levels where some key sources of supply are no longer profitable.
They can be like the Iron Range of Minnesota was for the Detroit car industry last century - a key resource located near where it was needed.
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