{"id":813,"date":"2026-06-29T11:35:04","date_gmt":"2026-06-29T11:35:04","guid":{"rendered":"https:\/\/movingandmortgagehub.com\/?p=813"},"modified":"2026-06-29T11:35:04","modified_gmt":"2026-06-29T11:35:04","slug":"trumps-sons-stand-to-profit-from-the-critical-minerals-arms-race","status":"publish","type":"post","link":"https:\/\/movingandmortgagehub.com\/?p=813","title":{"rendered":"Trump\u2019s Sons Stand To Profit From The Critical Minerals Arms Race"},"content":{"rendered":"
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Donald Trump\u2019s network<\/span> of family businesses\u2014and network of US government deals with those businesses\u2014is mind-bogglingly wide. A New York Times <\/em>investigation reveals his sons\u2019 latest venture: tungsten mining in Kazakhstan.\u00a0<\/p>

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The US government recently cut a massive mining deal for the critical mineral with the government of Kazakhstan, whose leader recently said Donald Trump was \u201csent by Heaven.\u201d Trump\u2019s sons Eric and Donald Jr., and Commerce Secretary Howard Lutnick\u2019s sons Brandon and Kyle, are all tied directly or indirectly to the American company, Kaz Resources, that plans to break ground on the tungsten mine. Kaz Resources is also slated to recieve at least $1.6 billion in government funding.\u00a0<\/p>\n

Tungsten, a mineral widely used in missile warheads, fighter jets, and computer chips, has become increasingly difficult for the US to access since China put export restrictions on it in 2025. Since then, the Pentagon has selected contractors to build small tungsten refineries on US military bases, while also looking to expand overseas mining\u2014because no onshore mines are currently operational, and likely won\u2019t be for a long time. And those offshore mining deals may mean big money for Trump and Lutnick-affiliated companies: at least 14 different companies affiliated with one or both families are actively working with the federal government on critical mining deals.\u00a0<\/p>

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The Kazakh deal was signed on November 6th, without disclosing the Trump or Lutnick families\u2019 involvement. Eric Trump, Donald Trump Jr., Brandon Lutnick and Kyle Lutnick were \u201cdoing business with partners in a deal that their fathers were negotiating, continuing a pattern of self-enrichment in the second Trump administration that has few precedents in American history,\u201d Paul Sonne and Eric Lipton of the Times<\/em> wrote.\u00a0<\/p>\n

\u201cI can see how the optics might be disturbing to some people,\u201d Pini Althaus, the CEO of Kaz Resources, said. \u201cBut that\u2019s unfortunate because this company and this project goes way beyond any one president, let alone any family.\u201d<\/p>

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An agreement between the US and Kazakhstan gives a group of American investors\u2014including two of the president\u2019s sons\u2014access to a massive untapped reserve of tungsten.<\/p>\n","protected":false},"author":1,"featured_media":811,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\nTrump\u2019s Sons Stand To Profit From The Critical Minerals Arms Race - Moving and Mortgage Hub<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/movingandmortgagehub.com\/?p=813\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump\u2019s Sons Stand To Profit From The Critical Minerals Arms Race - 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