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So Doe Run Peru, owners of the La Oroya polymetallic smelter that's been shut down for ages now because the company wouldn't comply with its environmental clean-up obligations, is now slapping extra demands on the Peru government in exchange for starting up the smelter again. Up until a few days ago the plan was to re-start on May 1st, but yesterday we hear that Renco, owned by US billionaire Ira Rennert and the controlling company of Doe Run Peru, says that June is the re-start date if, and only if, Peru's government assumes responsibility for any lawsuits regarding health or safety or enviro at Doe Run La Oroya. Oh, and they don't have to spend the cash to make the smelter cleaner or less polluting either (the very reason it was closed down in the first place).
It's the type of asshole capitalism that makes you want to vomit and if President Ollanta Humala had the sufficient gumption, he'd expropriate La Oroya tomorrow morning, say "See Yaz In Court" to the scumbag Rennert, nationalize the plant, spend the necessary cash on a new filtering system for that black smoker lead poisoner of a chimney and get the thing back in operation. Seriously, what is it about Peru's collective psyche that allows it to be walked over by the worst type of scumbag capitalists such as Rennert? Grow some balls one time, will you? Doe Run Peru has failed to meet its contractual obligations regarding the smelter on numerous occasions and is now trying to get the country's government to beg and plead before re-opening the plant. C'mon Peru, screw 'em. Fuck 'em. Tie em up in litigation for a decade and in the meantime, take over the plant, Ollanta. Show some pride for once and forget about all the kowtowing to the almighty dollar for once.