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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDeripaska's company to build aluminum plant in Kentucky, home of McConnell & Rand Paul
Last edited Mon Apr 15, 2019, 09:33 AM - Edit history (1)
Company of sanctioned Russian oligarch & election interferer DERIPASKA -- granted unexplained sanctions relief by Treasury --announces it will build totally pointless aluminum plant in Kentucky, home of McConnell+Rand Paul
Link to tweet
So the home state of the most powerful man in the Senate (McConnell) is benefiting from lifting sanctions on (giving money to) Oleg Deripaska
Link to tweet
I will post the press release in the next post.
MelissaB
(16,420 posts)RUSAL and Braidy Industries will construct a green field aluminium rolling mill in Ashland, Kentucky
15.04.2019
Moscow, 15 April 2019 RUSAL (SEHK: 486, Moscow Exchange: RUAL), one of the leading global aluminium producers, and Braidy Industries Inc., a US base holding company which owns both Veloxint, an MIT-incubated lightweighting solutions company, and NanoAl, a Northwestern University incubated materials research and technology company, announce an intent to establish a joint project in Ashland, Kentucky, USA to produce flat rolled aluminium products for the US automotive industry.
The design capacity of the rolling mill will amount to 500 thousand tons of hot rolled band and 300 thousand tons of fully finished cold rolled products on an annual basis. It will be the widest US-based cold rolling mill with a width of 104 inches. The output from the mill will aid towards rebalancing the anticipated deficit of the auto body sheet in the US market.
The mill will operate with state-of-the art equipment provided by industry leaders. This will ensure market leadership whilst providing a sustainable competitive advantage in the long term.
RUSAL will supply aluminium (both in slab alloys and as a primary metal) for the new rolling mill from its new Taishet aluminium smelter that is currently under construction in Siberia. Delivering value added products (VAP) to the new Kentucky mill is consistent with RUSALs commitment to increase the share of its VAP offerings as part of the Companys total production and sales.
In exchange for its investment RUSAL will earn a 40% share. Braidy Industries will keep the balance 60%. The project debt will be raised from several financial institutions.
RUSAL and Braidy Industries have entered into an exclusive Letter of Intent which details the commercial conditions for the joint venture alongside providing details for any future negotiations going forward. The binding documentation for the Project is expected to be signed during the second quarter of 2019 after the final decision about the implementation of the Project is made.
The demand for flat rolled products in North America has demonstrated the robust growth over the past 5 years and this will continue above average rates all over the world, especially in the automotive sector. The key driver of this demand growth is the Corporate Average Fuel Economy regulations (CAFE) that cause an increase and immediate switch from the original equipment manufacturers (OEMs) to aluminium-based components. The chosen location of the mill that will be in close proximity to a large number of automotive supply manufacturers will ensure efficient transportation of the finished products.
The joint project with Braidy Industries is an excellent opportunity for RUSAL to expand the Companys diverse expertise in one of the key areas of aluminium downstream products. It will also reinforce the Companys presence on the strategic market.
https://rusal.ru/en/press-center/press-releases/26167/
defacto7
(13,485 posts)Bernardo de La Paz
(48,789 posts)defacto7
(13,485 posts)But we'll see in the end.
mitch96
(13,821 posts)Drop sanctions and I'll build you a big beautiful aluminum plant that will make your constituents love you and re elect you...
m
dewsgirl
(14,961 posts)Power 2 the People
(2,437 posts)democratisphere
(17,235 posts)Won't be long until Putin assumes his place in the oval office. Mission accomplished.
DontBooVote
(901 posts)democratisphere
(17,235 posts)DontBooVote
(901 posts)DontBooVote
(901 posts)ehrnst
(32,640 posts)As is every single Democrat in the Senate who voted for sanctions on him.
Those who were absent are a different story.
DontBooVote
(901 posts)shop here in the U.S. as we sit and watch, how is that "speaking for myself"?
Edit: You edited your post while I was responding. So, I ask, how are Pelosi and Schumer "on it"? What, exactly, are they accomplishing with regard to stopping the russian mob taking over our country?
ehrnst
(32,640 posts)Perhaps reading the news will help you understand what I was referring to when I said Nancy and Chuck are on it.:
"One of the worst classified briefings we've received from the Trump administration," House Speaker Nancy Pelosi told reporters. "The secretary barely testified."
https://www.politico.com/story/2019/01/10/steven-mnuchin-congress-testimony-1096537
Mr. Schumer announced that he intended to use a provision in a 2017 sanctions law to prompt a full Senate vote as soon as Tuesday on a resolution to block the Treasury Departments deal with Mr. Deripaskas companies.
https://www.nytimes.com/2019/01/12/us/politics/schumer-sanctions-deripaska.html
They are doing their job.
Is that clearer?
DontBooVote
(901 posts)By the way, did they ever hold any of the BFEE responsible for their war crimes? Maybe Libby, but I'll have to check my timing on that.
ehrnst
(32,640 posts)Why don't you tell us what they are not doing that they could be doing?
Those who claim to be on our side not showing up for votes against, or voting for, sanctions on the oligharch may be the appropriate focus of your anger.
And when one is stumped for an answer, there is always WHATABOUTISM for the win!!!
DontBooVote
(901 posts)get control of the House (for the specific purposes of holding tRump to account) and now what I'm seeing is not at all satisfying. That is what I'm focused on in this discussion, re: Pelosi, that you started by the way.
ehrnst
(32,640 posts)What are they not doing that they could be doing to keep this oligharch out of business in KY?
Nice try at staying the course on whataboutism.
DontBooVote
(901 posts)fact is, we had the same leaders when BFEE was breaking laws. And nothing was done about and they are all still spewing their bullshit, with the curious exception of Baby Bush.
ehrnst
(32,640 posts)especially since it won't remove DT from office without the Senate, and at least before 2020?
Stinky The Clown
(67,697 posts)Have you read what you've posted?
What "plan" do you suggest?
And really, who are you?
DontBooVote
(901 posts)Who are you?
DontBooVote
(901 posts)ehrnst
(32,640 posts)DontBooVote
(901 posts)put me on ignore if you don't like my pov.
ehrnst
(32,640 posts)You deny it?
DontBooVote
(901 posts)ehrnst
(32,640 posts)I guess "I know you are but what am I" is as much of a real answer to what Democrats could be doing but are not doing concerning Derispaska's plant in Kentucky as you have?
Why don't you enlighten us as to what the options are?
Since Impeachment without the Senate will take years, and won't remove DT, that's not a coherent or specific answer, no matter how many times you copy and paste it here on this thread about an aluminum plant in Kentucky
DontBooVote
(901 posts)ehrnst
(32,640 posts)Feel free to use the ignore feature when someone calls you out.
DontBooVote
(901 posts)EDITED: Because you clearly need that.
ehrnst
(32,640 posts)Just seems to be a need for a lot of grousing and complaining about how bad Democratic leadership is, with no actual idea of what they could be doing more than they are.
Your turn to "end the discussion."
DontBooVote
(901 posts)And when one is stumped for an answer, there is always WHATABOUTISM for the win!!!
ehrnst
(32,640 posts)whataboutism - with some red herring thrown in.
Is that clearer?
DontBooVote
(901 posts)is driven not by my comment in particular, but by your personal dislike of me.
Which means that this discussion is complete.
See ya.
ehrnst
(32,640 posts)Thought so.
DontBooVote
(901 posts)ehrnst
(32,640 posts)You don't have any real answers what Democrats can do about anything you are upset about, you just want copy and paste "impeachment!! and complain. Your personal dislike of Pelosi is showing.
DontBooVote
(901 posts)But it looks to me like nothing but talk is getting done about removing this cancer.
OK, I'm done because your participation is based more on your dislike of me than it is discussing the issue that nothing but talk (so far as I can see) is getting done about the russian mob overtaking our government, and now working it's way into our economy/commerce, despite President Obama's sanctions.
ehrnst
(32,640 posts)doing them.
Your bashing is based more on your dislike of the Democratic party leaders than it is actually discussing what it is that you think they are neglecting by way of "talking."
Got it.
DontBooVote
(901 posts)ehrnst
(32,640 posts)DontBooVote
(901 posts)how you pwned me here. I sincerely mean that.
ehrnst
(32,640 posts)You still can't answer the questions.
Just complain, with no actual justifcation for your complaints.
Until your next attempt at the "last word"...
mac56
(17,561 posts)"WE DON'T KNOW!"
"When do we want it?"
"NOW!"
DontBooVote
(901 posts)...impeachment. And we want it now.
But thanks for playing..
mac56
(17,561 posts)It's not so great to want something that will never materialize.
DontBooVote
(901 posts)local Democrats.
mac56
(17,561 posts)And when you learn a second tune, look me up.
DontBooVote
(901 posts)uponit7771
(90,225 posts)oasis
(49,152 posts)ehrnst
(32,640 posts)CaptainTruth
(6,546 posts)Instead of an American company like Alcoa.
Hotler
(11,353 posts)Rat fuckers, all of them.
Scarsdale
(9,426 posts)on their home turf, it will be easier to exchange $$$$, right?? The gop makes no attempt to hide their disgusting conduct anymore.
Cracklin Charlie
(12,904 posts)Thieves, one and all.
Is aluminum mined in Kentucky?
NightWatcher
(39,343 posts)Thanks for letting us ruin your democracy and steal an election or two or three.
cbdo2007
(9,213 posts)spanone
(135,636 posts)part of his putin deal....
Response to MelissaB (Original post)
Botany This message was self-deleted by its author.
Lonestarblue
(9,880 posts)Which it is. You can be sure that this is part of McConnells reelection plan. The fact that this plan stinks to high heaven and that its a Russian company will not matter to the red state voters who want good jobs. It will be portrayed as a positive by Republicans and if Democrats manage to stop it, that fact will be used against them. After all, we have German and Chinese companies with manufacturing facilities herewhy not the Russians.
Im not saying that I think this plan isnt corruptit is, because its trading foreign policy favoritism to benefit a politician. I just think the Trump base, who are also the McConnell base in Kentucky, will not see it the same way we do. After all, theyve been just fine with Russia helping Trump steal the presidency.
DontBooVote
(901 posts)campaign financing and influence.
Some do not possess the imagination this requires to understand how impeachment could stop Oleg Oligarch from getting his steel plant in Kentucky.
ehrnst
(32,640 posts)to support him no matter what, and would consider the as of now guaranteed failure to remove him as "complete exoneration."
Some do not possess the understanding of how his supporters - among them, McConnell's base - will never ask McConnell or DT to stop a plant from being built in Kentucky, so impeachment would be moot concerning that.
https://www.democraticunderground.com/?com=view_post&forum=1002&pid=12011706
DontBooVote
(901 posts)ehrnst
(32,640 posts)To whom would impeachment hearings portray tRump and mcconnell as the beneficiaries of foreign campaign financing and influence?
McConnell's supporters? tRump supporters?
No, as I've said, it will not. They will not ever admit that he, McConnell or DT have ever made a mistake, because then they made a mistake. Much like they think Dems will never, ever be right....
So..... How does that stop the plant in Kentucky? Share with me what your "imagination" has come up with on that.
mr_lebowski
(33,643 posts)The actual action of the plant being built is neither here nor there afaic, and I'm sure it'll be quite looked forward to by the people who might want to work there.
OTOH, if it could be shown that McConnell and Paul were aware that their state was in line to get a $200M investment from a guy they were in the process of removing existing sanctions for ... and that therefore there's reason to investigate possible corruption charges against them ... THAT would be a very worthwhile goal.
In the end even if the plant is built despite the corruption (if proven), then so be it. But the goal of Dems in this case should not be to stop the plant, but rather to expose/stop the corruption by McConnell and/or Paul, if it happened.
We (i.e. Dems) wouldn't want to position ourselves as the ones 'trying to prevent the plant being built', that's not the smart move.
ehrnst
(32,640 posts)You clearly haven't been reading what this thread is about - this plant getting built means DEMOCRATS ARE JUST LETTING it HAPPEN, when they should be KICKING ASS!! THEY NEED TO IMPEACH AND ENGAGE THE ENEMY!
BOOYAH!!!
mr_lebowski
(33,643 posts)built', but rather 'making sure any corruption that went into making it POSSIBLE to build the plant ... is exposed'.
Just sayin'.
ehrnst
(32,640 posts)which seems to be the opinion of most on this thread.
triron
(21,916 posts)DontBooVote
(901 posts)stop mcconnell and Oleg Oligarch from seeing that plant partnership happen?
How??/?!1!!
smirkymonkey
(63,221 posts)That fucker McConnell is up to his five chins in this. Lock the bastards up!
not fooled
(5,791 posts)Here's the deal--red don is gonna take over your country and turn it into a two-bit banana republic fascist state, to be looted and despoiled by an international criminal oligarchy.
In return, your rulers will dole out a few jobs now and then.
Capiche?
Dustlawyer
(10,493 posts)DirtEdonE
(1,220 posts)I'm sure that report would be worth the wait too.
Maru Kitteh
(28,303 posts)Kind of like Trump. BURY the issue with senseless noise and crudely made stink bombs.