# Kaz Resources Kaz Resources is an obscure U.S.-backed mining company created to develop a tungsten project in central [[Kazakhstan]]. In the [[Kazakhstan Tungsten Deal]] signed November 6, 2025, it won access to one of the world's largest untapped tungsten reserves — a metal the U.S. needs for missile warheads, fighter jets, and computer chips. Under the agreement, Kaz Resources holds a 70% interest in the project (the state-owned Kazakh firm Tau-Ken Samruk retains 30%). Before the deal closed, Trump administration officials advanced applications for as much as **$1.6 billion in federal funding** for the company. The [[New York Times]] (Paul Sonne and Eric Lipton, June 28, 2026) reported that an investment firm partly owned by [[Donald Trump Jr.]] and [[Eric Trump]] took a 20% stake in a corporate entity related to the project, and that [[Cantor Fitzgerald]] — controlled by [[Howard Lutnick]]'s sons — helped raise $210 million for a related entity. Kaz Resources is the corporate vehicle at the center of that self-dealing pattern. ## See Also - [[Kazakhstan Tungsten Deal]] - [[Howard Lutnick]] - [[Cantor Fitzgerald]]