Trump Sons Merge Shell Company With Kazakhstan Minerals Group in $1.6B U.S.-Backed Deal

According to Financial Times, on May 1, Donald Trump Jr. and Eric Trump merged their shell company with a Kazakhstan critical minerals group that received $1.6 billion in U.S. government support. The tungsten mining project involves deposits in northern Kazakhstan's Katpar and Upper Kairakty regions. Trump Jr. joined the company's advisory board and acquired equity stakes in late 2024, with financing provided by the U.S. Export-Import Bank and other institutions.
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