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The Trump family is involved in mining projects in Kazakhstan, and related projects have received $1.6 billion in support from the U.S. government.

Source: www.ft.com Event types: Online/Update Financing/Fundraising
According to the UK’s Financial Times, Donald Trump Jr. and Eric Trump merged with Kazakhstan’s Key Minerals Group—a company operating through shell entities. Last year, the group received up to $1.6 billion in support from the U.S. government to develop a tungsten mining project. The report states that the tungsten project involves the Katpar and Upper Kairakty deposits in northern Kazakhstan. Financing was provided by institutions including the U.S. Export-Import Bank. Trump’s sons joined the advisory board of the relevant company and acquired equity stakes at the end of 2024. The report suggests this is yet another instance linking the Trump family’s business empire with U.S. government interests.

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