kravietz 🦇
kravietz@agora.echelon.pl
#Putin has just voiced an offer to provide mineral resources to “out partners from USA”, which is a funny turn of events after #Russia state media had for decades scared Russians that “US only want our resources but great Putin saved our sovereignty”, called US “faggots” (пиндосы) and described it as “decaying”.
But these are usual Russian plots twists. What was unusual, was that Putin has mentioned “resources in Kabardino-Balkaria in Caucasus” on his list of resources he want to offer to Americans. And I happen to have been there many times and I’ve seen these resources 😂
Putin is speaking of tungsten and molybdenum mine and processing plant in #Tyrnyauz where production stopped in 1990’s as the Soviet production was very expensive and simply lost economic sense after #USSR collapsed. The plant was since abandoned and left to the looters, who literally took it apart for scrap metal. The mine tunnels were stripped of anything of value - pipes, cabling, railways, machinery, literally everything has been taken from there over 30 years. The same happened to the enrichment plant outside - there’s nothing left of it, only half-collapsed concrete walls.
In 2017 Russian state corporation “Rostec” announced a plan to restart extraction by the new technology. But I was there in 2018 and… nothing changed. The looters were busy looting, there was literally zero signs of any investment. As far as I’m aware, nothing has changed since. New investments were announced in 2021 and 2023, but any local news on the subject end in 2024 announcing “delays”…
So in my opinion Putin could just as well announce leasing “Azovstal” or Avdiivka coke plant to Americans - plants his troops destroyed that would require more spending on restoring them than rebuilding them from scratch, as they require dismantling and unexploded ordnance removal.
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kravietz 🦇
kravietz@agora.echelon.plShow content
The problem with both offers is that they are as vague as “COME AND MINE WITH US”. Zero details. If US was to come to Russia with investments, I would first ask questions about all the international oil companies who got licenses for extraction in Siberia in 2010’s and then got screwed, as well as all Western companies whose assets were 50% confiscated by Russia after 2022. And let’s say US investors come with money… and Russia does the same thing as they always do, so screw them and steal their assets?
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@kravietz @buherator @hajovonta
Something tells me that this is about capturing the Mad King’s attention span in between cheeseburgers and diet cokes.
He’s set the stage for a high stakes deal-making spectacle. The minerals are merely shiny stage props. What matters is capturing the next cycle and providing epic plot twists.
That being said, good to know that someone has been there done that
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