#tungsten

More days, more corruption. 1 of 10🧵 (This is quite an article. Screenshots follow!) #USA #USpol #trump #corruption #business #investment #Kazakhstan #RareEarths #mining #tungsten

Trump Cut a Billion-Dollar Mining Deal. His Sons Stand to Profit ~ The sons of both the current US president and the commerce secretary are doing business with partners in a deal that their fathers negotiated, "continuing a pattern of self-enrichment in the second Trump administration that has few precedents in American history." 👀 2 of 10🧵 (article screenshots follow) #USA #USpol #trump #corruption #business #investment #Kazakhstan #RareEarths #mining #tungsten --- https://www.nytimes.com/2026/06/28/world/europe/trump-lutnick-sons-kazakhstan.html

Trump Cut a Billion-Dollar #Mining Deal. His Sons Stand to Profit ~ ~ "With its exceptional hardness, density and high melting point, #tungsten (is)... the 'war metal,' w/ key uses in munitions, aviation & weapons." 👀 The USSR's collapse "interrupted its plans for new mines in #Kazakhstan, a former Soviet republic." And the last #USA mine stopped production ~10 yrs ago. 5 of 10🧵 (screenshots continue) #USpol #corruption #trump #lutnick #RareEarths #war #weapons #weaponry #aviation #munitions

With the #US government cutting deals with Kazakhstan "at the highest levels" and pledging to finance "to make the math work," the #USA "could get access to an estimated 12,000 metric tons of #tungsten a year, about as much as is now imported annually." Trump Cut a Billion-Dollar Mining Deal. His Sons Stand to Profit ~ 7 of 10🧵 (screenshots continue) #USpol #corruption #trump #lutnick #business #investment #Kazakhstan #RareEarths #CriticalMinerals #mining --- https://www.nytimes.com/2026/06/28/world/europe/trump-lutnick-sons-kazakhstan.html

~"The #Trump brothers' ties to the #Kazakhstan deal started at their father's tower in NYC...where Dominari Securities...had set up its offices after Trump's first stint in the White House ended." Such proximity to the Trump Org's HQ "afforded Dominari execs the chance to form friendships (and then business relationships) with Trump's sons." Trump Cut a Billion-Dollar #Mining Deal. His Sons Stand to Profit ~ 9 of 10🧵 (screenshots continue) #USA #USpol #corruption #CriticalMinerals #tungsten

Kaz Resources might be traded publicly if #TrumpAdmin approves a "reverse merger" replacing Skyline Builders on #Nasdaq . Investors will profit by trading stock before #tungsten comes out of ground. #USA gov't backing "often pushes up the stock price, making money for early-stage investors who exit at the right time." #Trump Cut a Billion-Dollar #Mining Deal. His Sons Stand to Profit ~ 10 of 10🧵 (end of screenshots) #USpol #corruption #CriticalMinerals #Kazakhstan --- https://www.nytimes.com/2026/06/28/world/europe/trump-lutnick-sons-kazakhstan.html

@adapalmer@wandering.shop this rmis #GoodNews #indeed, because it reduced the need for #Aluminium and additives like #Tungsten. Now if the #USA makes #PersonalLightVehicles instead of #SuperUselessVehicles the norm, that would really reduce the demand.