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Trump's son merged with a key mineral group in Kazakhstan through a shell company, which was previously supported by the U.S. government with $1.6 billion.
Golden Finance reports that on May 1st, according to the Financial Times of the UK, Donald Trump Jr., the eldest son of Donald Trump, and Eric Trump merged with a key mineral group in Kazakhstan through shell companies.
Last year, the group received up to 1.6 billion USD support from the U.S. government for tungsten mining projects.
The report states that the tungsten project involves the Katpar and Upper Kairakty deposits in northern Kazakhstan, with financing previously provided by institutions such as the Export-Import Bank of the United States.
Trump’s son joined the advisory board of the relevant company and holds shares by the end of 2024.
The report suggests this is another case linking the Trump family’s business empire with U.S. government interests.