Politics · Full coverage
Trump Family Expected to Earn Billions from Major Kazakhstan Tungsten Deal
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
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First reported by N12 · 25 minutes ago
What happened
The Trump and Lutnick families stand to earn billions from a Kazakhstan tungsten mining deal backed by U.S. federal funding, revealed by a New York Times investigation. The deal grants access to a major tungsten reserve and involves companies owned by their sons, with federal support exceeding $8.9 billion across related projects.
- 01Trump and Commerce Secretary Lutnick signed a major tungsten deal with Kazakhstan's government.
- 02Trump's sons acquired a 20% stake in a company linked to the Kazakhstan project shortly after the deal advanced.
- 03Lutnick's family investment firm helped raise funds for the Kazakhstan mining project.
- 04The U.S. government pledged up to $1.6 billion in federal funding for the project.
- 05Trump and Lutnick families are connected to 14 companies working on federally supported mining deals.
- 06Total federal funding for these companies exceeds $8.9 billion, per public disclosures.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
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