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Deep Tide TechFlow news: On May 01, the Financial Times reported that Donald Trump Jr., the eldest son of Donald Trump, and Eric Trump merged with Kazakhstan’s Key Minerals Group through shell companies. The group received up to $1.6 billion in support from the U.S. government last year to develop a tungsten mining project.
The report says the tungsten mining project involves the Katpar and Upper Kairakty deposits in northern Kazakhstan. Institutions such as the Export-Import Bank of the United States provided financing. By the end of 2024, Trump’s sons had joined the advisory board of the relevant company and held shares.
The report implies that this is another case in which the Trump family’s business empire is connected to U.S. government interests.