Donald Trump's son merges with a key mineral group from Kazakhstan through a shell company, which had previously received $1.6 billion in U.S. government backing

BlockBeats News, May 1st, According to the Financial Times, Donald Trump Jr. and Eric Trump, sons of former President Donald Trump, merged with a key mining group from Kazakhstan through a shell company. This group received up to $1.6 billion in U.S. government support last year for the development of a tungsten mining project.

The tungsten mining project involves the Katpar and Upper Kairakty deposits in northern Kazakhstan. Financing has been provided by institutions such as the U.S. Export-Import Bank. Trump's son is set to join the company's advisory board by the end of 2024 and hold shares.

The report suggests that this is another example of the Trump family's business empire being linked to U.S. government interests.