Trump's sons merge shell company with Kazakhstan critical minerals group, which previously received $1.6 billion in U.S. government support for tungsten mine development

Odaily reported that Donald Trump Jr. and Eric Trump merged their shell company with a Kazakhstan critical minerals group, which received up to $1.6 billion in U.S. government support last year for the development of a tungsten mining project.

The report states that the tungsten mining project involves the Katpar and Upper Kairakty deposits in northern Kazakhstan, with financing provided by institutions such as the U.S. Export-Import Bank. Trump's sons joined the company's advisory board and took stakes in late 2024. (FT)