Public Trust Tracker

INV-021 · Money & ethics · Family business

Trump sons and the US-backed Kazakh tungsten mine

Stage 1 of 5: Reported · News reporting only · Last development 30 Apr 2026

Don Jr. and Eric Trump invested in a company that later agreed to merge with a Kazakh tungsten project backed by $1.6 billion in US government support, according to the Financial Times.

The timeline relies largely on unnamed sources cited by the Financial Times.

Donald Trump Jr.Eric Trump
People
Donald Trump Jr., Eric Trump, Skyline Builders, Cove Kaz Capital
Reviewed by
Press

Money involved

  • $1.6 billion US government support for the Kazakh tungsten project (Taxpayer money in questioned contracts, loans and funds)

Timeline

  1. Skyline and the Cove entities agree to merge. [1]

  2. Skyline pays $20M for a 20% stake in Kaz Resources. [1]

  3. Kazakhstan's president tells Trump he intends to award a major tungsten project to Cove Kaz Capital. [1]

  4. The brothers buy into Skyline Builders through a special-purpose vehicle. [1]

Responses

  • Trump Jr.'s spokesperson: He is a passive investor and does not deal with the federal government for companies he invests in. [1]

Sources

  1. The New Republic, 1 May 2026 (citing the Financial Times)

Cite this case

Public Trust Tracker. "Trump sons and the US-backed Kazakh tungsten mine" (INV-021). Last updated 30 Apr 2026. https://publictrusttracker.org/case/inv-021-trump-sons-and-the-us-backed-kazakh-tungsten-mine/

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