The New York Times reports a multibillion-dollar US–Kazakhstan agreement opened access to one of the world’s largest undeveloped tungsten deposits for a group of US investors close to President Trump and Commerce Secretary Lutnick. In September Lutnick met Kazakhstan’s president in New York; Trump joined by phone and, the paper says, helped persuade Kazakhstan to allow a little-known US company to develop the deposit. Weeks later investors in Dominari Securities — based in Trump Tower and partly

The New York Times reports a multibillion-dollar US–Kazakhstan agreement opened access to one of the world’s largest undeveloped tungsten deposits for a group of US investors close to President Trump and Commerce Secretary Lutnick. In September Lutnick met Kazakhstan’s president in New York; Trump joined by phone and, the paper says, helped persuade Kazakhstan to allow a little-known US company to develop the deposit. Weeks later investors in Dominari Securities — based in Trump Tower and partly owned by Donald Trump Jr. and Eric Trump — acquired a 20% stake in an entity tied to the Kazakh project.