Aughinish Alumina under threat - thanks Leo

Lúidín

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https://www.irishexaminer.com/breakingnews/business/varadkar-in-talks-over-aughinish-fears-837338.html

The Taoiseach confirmed he met Aughinish representatives in Limerick yesterday.
He said: “Obviously there is a concern that the US sanctions imposed on Russia could have an impact on Rusal.
"Everyone, including the IDA, and the Department of Foreign Affairs, are very aware of the situation, and, the Government will do everything we can to protect the investment (at Aughinish) and protect the jobs there.”
It's a pity he didn't consider the 450 jobs before he expelled a Russian diplomat, just to show he was a good servant to the western powers. The plant's owner, Mr Deripaska, is "reportedly close to Russian president Vladimir Putin".

Did Leo think Putin would take that insult, which was based on nothing more than anti-Russian fantasy, lying down?
 


Mick Mac

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https://www.irishexaminer.com/breakingnews/business/varadkar-in-talks-over-aughinish-fears-837338.html



It's a pity he didn't consider the 450 jobs before he expelled a Russian diplomat, just to show he was a good servant to the western powers. The plant's owner, Mr Deripaska, is "reportedly close to Russian president Vladimir Putin".

Did Leo think Putin would take that insult, which was based on nothing more than anti-Russian fantasy, lying down?
I don't think the expelled diplomat figures.

If the company is linked to a person on a sanctions list then doing business with that company may stop being possible for Americans and for even European financial entities.

The diplomat doesn't figure I suspect.
 

Sync

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Woooow. A million high fives Luidin. The dumbest OP in forever. Like you’ll get people who read a survey and then draw conclusions to suit their own bias, you’ll get people who have conspiracy theories, you get very few people who proudly start an OP based on their utter utter ignorance of a situation.

You READ the article right? And your conclusion from that is that the company is having a problem based on actions taken by Russia as a consequence of Varadkar?

REALLY?
 

silverharp

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its proposed US sanctions that are the issue
 

wombat

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its proposed US sanctions that are the issue
That is the problem, if the U.S. Imposes restrictions on buying the alumina, the factory could close and if it does, its unlikely to reopen.
 

flavirostris

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I thought that decision to expel the Russian diplomat was kneejerk and dumb.

Why? Other than to be seen to be ad idem with the UK.
 

Lúidín

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No. Varadkar's virtue signal to the UK, US and France has made the situation that Trump created even more difficult to address. If, Varadkar wanted to defy Trump and wanted to appeal to the Russians not to close down this industry, then he picked a very bad time to go expelling one of their diplomats. It was an act of servility and wanton stupidity and it may cost hundreds of jobs.
 

Sync

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You don’t know how sanctions work do You?
 

statsman

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No. Varadkar's virtue signal to the UK, US and France has made the situation that Trump created even more difficult to address. If, Varadkar wanted to defy Trump and wanted to appeal to the Russians not to close down this industry, then he picked a very bad time to go expelling one of their diplomats. It was an act of servility and wanton stupidity and it may cost hundreds of jobs.
The depth of ignorance of how the world works in this post is breathtakingly impressive.
 

statsman

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You don’t know how sanctions work do You?
I'd imagine he has issues with how zips work, on the evidence of this thread.
 
Last edited:

wombat

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The depths of ignorance of how the world works in this post is breathtakingly impressive.
Not so much the world as how industry works, a bit like the workers taking over Dell to make computers nobody wants to buy.:lol:
 

Burnout

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I have a life.
Little Leo has precious little to do with it:

https://www.independent.ie/business/irish/sanctions-rock-firm-behind-vast-aughinish-alumina-plant-36795544.html

The crisis engulfing Aughinish Alumina's Russian owner Rusal deepened yesterday, as the parent company's bonds slumped to record lows, two major customers said they were reviewing their contracts, and the London Metal Exchange distanced itself from the aluminium giant in the latest aftershocks from US sanctions.

A Government spokeswoman was last night unable to say what the sanctions mean for Rusal and its employees here. "The Department of Business, Enterprise and Innovation is assessing the potential implications that new US sanctions, targeting certain Russian individuals and firms, may have for both Irish and overseas companies operating in Ireland. The Department is also in close and regular contact with its enterprise agencies, IDA Ireland and Enterprise Ireland, who are monitoring this evolving situation," she said.

The sanctions imposed on Rusal and its main owner, metals magnate Oleg Deripaska, mark the first time a major international company has been targeted by Washington in its moves to punish Russia for alleged meddling in the 2016 US election.


The above plus the fact that they want to blast more holes in the Shannon river bed for red mud storage is why they are in the news. Over 450 people work there directly and the fallout would be something else. However as an election is coming tis best to blame Finna Gael.
 

silverharp

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Not so much the world as how industry works, a bit like the workers taking over Dell to make computers nobody wants to buy.:lol:
or people before profit nationalising Microsoft in Ireland :rolleyes:
 

*EPIC SUCCESS*

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How about @campaignforleo t-shirts for some and little Russian flags for others?

Win win.

(For t-shirt and novelty flag vendors at the very least?)
 

automaticforthepeople

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Is Aughanish Alumina not Canadaian? Look on the other side. They consume a huge amount of power.
If it closes there'll be a much welcome reduction in CO2 and Ireland will more easily adjust to its Paris commitment and save on carbon emissions levies.
 

statsman

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How about @campaignforleo t-shirts for some and little Russian flags for others?

Win win.

(For t-shirt and novelty flag vendors at the very least?)
Or OPs that show some semblance of reality? Or failing that, world peace?
 

wombat

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Is Aughanish Alumina not Canadaian? Look on the other side. They consume a huge amount of power.
If it closes there'll be a much welcome reduction in CO2 and Ireland will more easily adjust to its Paris commitment and save on carbon emissions levies.
Originally, Alcan was a shareholder but they sold out years ago, its a fairly efficient producer and also supply power to the grid so any carbon levies saved will be minimal.
 

Erudite Caveman

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https://www.irishexaminer.com/breakingnews/business/varadkar-in-talks-over-aughinish-fears-837338.html



It's a pity he didn't consider the 450 jobs before he expelled a Russian diplomat, just to show he was a good servant to the western powers. The plant's owner, Mr Deripaska, is "reportedly close to Russian president Vladimir Putin".

Did Leo think Putin would take that insult, which was based on nothing more than anti-Russian fantasy, lying down?
You are complaining because the Taoiseach won't toady to Putin because you think he is toadying to 'western powers'.

Surreal.
 

Erudite Caveman

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Little Leo has precious little to do with it:

https://www.independent.ie/business/irish/sanctions-rock-firm-behind-vast-aughinish-alumina-plant-36795544.html

The crisis engulfing Aughinish Alumina's Russian owner Rusal deepened yesterday, as the parent company's bonds slumped to record lows, two major customers said they were reviewing their contracts, and the London Metal Exchange distanced itself from the aluminium giant in the latest aftershocks from US sanctions.

A Government spokeswoman was last night unable to say what the sanctions mean for Rusal and its employees here. "The Department of Business, Enterprise and Innovation is assessing the potential implications that new US sanctions, targeting certain Russian individuals and firms, may have for both Irish and overseas companies operating in Ireland. The Department is also in close and regular contact with its enterprise agencies, IDA Ireland and Enterprise Ireland, who are monitoring this evolving situation," she said.

The sanctions imposed on Rusal and its main owner, metals magnate Oleg Deripaska, mark the first time a major international company has been targeted by Washington in its moves to punish Russia for alleged meddling in the 2016 US election.


The above plus the fact that they want to blast more holes in the Shannon river bed for red mud storage is why they are in the news. Over 450 people work there directly and the fallout would be something else. However as an election is coming tis best to blame Finna Gael.
The OP must be very bad when Burnout doesn't get on board with the 'boo gubbermint'.
 


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