SITUATION REPORT

Kazakhstan, U.S.: Trump Team's Tungsten Push Invites U.S. Investment, Risks Chinese Ire

Oct 22, 2025 | 17:04 GMT

The U.S. Trump administration is supporting Cove Kaz Capital Group's bid to develop two of Kazakhstan's largest tungsten deposits, facilitating negotiations with the sovereign wealth fund Samruk-Kazyna and exploring financing through the U.S. International Development Finance Corporation and Export-Import Bank, Bloomberg reported on Oct. 21. ...

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