US Government Lenders Sour on Mine Deal Backed by Trump Sons
Bloomberg News reports that US government lenders do not plan to approve $1.6 billion in financing for a Kazakh tungsten-mining project in which Donald Trump Jr. and Eric Trump are investors, citing concerns about the deal's viability and Kazakhstan's location between China and Russia. The Export-Import Bank's $900 million letter of interest expired in August 2026, while company chairman Pini Althaus says officials continue to convey full support.
