The company secured up to $1.6 billion from Washington last year to extract tungsten in Kazakhstan, the news outlet has said A shell company backed by Donald Trump Jr. and Eric Trump has agreed to a merger with a mining group that secured up to $1.6 billion from the US government in 2025 to facilitate the extraction of tungsten in Kazakhstan, the Financial Times has reported. The agreement between Skyline Builders group, in which US President Donald Trump’s sons hold a stake, and Cove Kaz Capital group was signed on Thursday. The newly-formed entity will trade on Nasdaq as Kaz Resources, according to a statement. Cove Kaz currently controls 70% of the Northern Katpar and Upper Kairakty tungsten deposits in central Kazakhstan, believed to be one of the largest in the world. Last year, the federally-funded US Export-Import Bank and the Development Finance Corporation committed to invest heavily in the development of both projects.…