Trump's sons merge with Kazakhstan critical minerals group via shell company; the group previously received $1.6 billion in U.S. government support for tungsten mine development
2026-05-01 06:35
Odaily Planet Daily News: Donald Trump Jr. and Eric Trump, the eldest and second sons of former U.S. President Donald Trump, have merged with a Kazakhstan critical minerals group through a shell company. Last year, this group received up to $1.6 billion in U.S. government support to develop a tungsten mining project.
Reports indicate that the tungsten project involves the Katpar and Upper Kairakty deposits in northern Kazakhstan, with financing provided by institutions such as the U.S. Export-Import Bank. The Trump sons joined the advisory board of the related company and acquired shares at the end of 2024. (FT)
