Trump Sons Involved in Merger with Kazakh Mineral Group

Donald Trump Jr. and Eric Trump have reportedly merged a shell company with a key mineral group in Kazakhstan, according to ChainCatcher. The Financial Times reported that the Kazakh group received up to $1.6 billion in support from the U.S. government last year for developing tungsten mining projects. 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 are expected to join the advisory board of the related company and hold shares by the end of 2024. The report suggests this is another instance of the Trump family's business empire being linked to U.S. government interests.