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Trump's Sons Stand to Profit From US-Kazakhstan Tungsten Mining Deal
NYT·Tuesday, 30 June 2026
The US government struck a deal with Kazakhstan giving a group of American investors access to one of the world's largest untapped tungsten reserves. The investors have ties to President Trump and Commerce Secretary Lutnick, and Trump's sons stand to profit from the agreement.
Why It Matters
Tungsten is a critical mineral used in defence, electronics and industrial manufacturing. A deal that mixes presidential family interests with US foreign resource policy raises serious conflict-of-interest questions.
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