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    Metals & Mining Industry in Russia

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    Austin

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    Post  Austin on Mon Apr 15, 2019 6:01 pm

    US was forced to negotiate with Rusal when Aluminum price globally started rising iirc around 30 % after sanctions on Rusal.

    They just wanted an honorable exit from the sanctions they themselves put
    verkhoturye51
    verkhoturye51

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    Post  verkhoturye51 on Mon Apr 15, 2019 7:34 pm

     They need to pay the bribe in the corrupt USA to do business there.  

    I wouldn't be that cynical. The US has stated that they want Deripaska to decrease his share in the ownership, and after that happened, they lifted the sanctions.
    He made them many offers until they finally agreed on the terms:

    https://www.ft.com/content/0aedfd06-9cb9-11e8-ab77-f854c65a4465
    kvs
    kvs

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    Post  kvs on Mon Apr 15, 2019 10:45 pm

    Austin wrote:US was forced to negotiate with Rusal when Aluminum price globally started rising iirc around 30 % after sanctions on Rusal.

    They just wanted an honorable exit from the sanctions they themselves put

    Semantics. And BS. They forced Rusal to invest tens of millions of dollars in a plant they don't need. They have also
    forced Rusal to pay American workers high wages instead of being free to pay far lower wages in some country that
    would benefit more from this plant.

    I could give a flying f*ck about how America thinks it saved its face. They have extorted massive amounts of money
    from Rusal.

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    Austin

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    Post  Austin on Tue Apr 16, 2019 4:52 am

    In a world where the West makes the rules and bend it and you have to play by that rulebook then you have to pay some price.

    Rusal will recover the invested and bribe money in a short period of time.

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