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Trump Sons Join Kazakh Mining Firm Just Before $1.6 Billion U.S. Backing Arrives According to a major New York Times investigation, Donald Trump Jr. and Eric Trump became partners through a firm partly owned by them in a company tied to a massive tungsten mining project in Kazakhstan. Read full
Trump Sons Join Kazakh Mining Firm Just Before $1.6 Billion U.S. Backing Arrives
According to a major New York Times investigation, Donald Trump Jr. and Eric Trump became partners through a firm partly owned by them in a company tied to a massive tungsten mining project in Kazakhstan. Read full
Shortly afterward, the venture secured preliminary approval for up to $1.6 billion in U.S. government financing from federal agencies.
President Trump and Commerce Secretary Howard Lutnick had personally helped negotiate the deal that gave the American company access to one of the world’s largest untapped tungsten reserves, a critical mineral needed for defense and technology.
The investment by the president’s sons came within weeks of key talks, and the formal agreement was signed just days later.
The report highlights this as part of a broader pattern involving family business ties to government-backed mining projects.