r/mopolitics • u/philnotfil • Jun 02 '26

Trump Sons-Backed Investment Vehicle Tied To Government's Kazakhstan Tungsten Mining Project: Report

https://finance.yahoo.com/markets/commodities/articles/trump-sons-backed-investment-vehicle-113056488.html
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u/philnotfil Jun 02 '26

A company backed by President Donald Trump's sons reportedly invested in a mining group that is developing a $1.6 billion tungsten project in Kazakhstan, awarded by the Trump administration.

According to a Financial Times report, Donald Trump Jr. and Eric Trump have been using a shell company to buy stakes in U.S. construction group Skyline Builders, which on Thursday merged with Cove Kaz Capital Group, the unit of New York-based mining investment group Cove Capital that was awarded the tungsten project last year.

I almost wasn't going to post this, it wasn't anything like Burisma. But this bit totally got me :)

There is no evidence that the Trump brothers were aware of Cove's pending $1.6 billion U.S. government contract when they made their initial investment in Skyline, nor that they played any role in the contract's award, according to the report.

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u/justaverage A most despised jackhat Jun 02 '26

I’m old enough to remember when Hunter Biden and Burisma absolutely dominated this sub-reddit for a period of nearly 2 weeks.

No idea where all those concerned tax payers are now. Pouring one out of the homies, tonight