Hunter Biden’s firm has reportedly helped a company from China land a mine deal worth billions of dollars.
It’s a Cobalt mine, which is valuable because it’s used in the production of batteries for electric cars.
Doesn’t that sound like a conflict of interests?
FOX News reports:
Hunter Biden’s firm helped Chinese company purchase rich cobalt mine in $3.8 billion deal: report
An investment firm that counts Hunter Biden among its founders helped a Chinese company purchase one of the world’s most lucrative cobalt mines from an American company, according to a report by The New York Times.
Biden established the firm Bohai Harvest RST (BHR) Equity Investment Fund Management Company with two other Americans and some Chinese partners in 2013. The American members controlled 30 percent of the Shanghai-based operation and served on the board.
The company notably completed a deal in 2016 that saw a Congo cobalt and copper mine transfer from American company Freeport-McMoRan to Chinese outfit China Molybdenum for the sum of $2.65 billion.
BHR served as a minority stakeholder to buy out around $1.14 billion of shares from Lundin Mining of Canada, who owned a portion of the Congo mine.
China Molybdenum then bought BHR’s shares of the mine two years later, according to Hong Kong filings. The deal resulted in China Molybdenum owning 80% of the mine, with the remaining portion owned by Congo’s state mining enterprise.
Once again, imagine the reaction from Democrats and media if this was Donald Trump Jr.
NEW – Hunter Biden's firm helped Chinese conglomerate buy American-owned cobalt mine in $3.8 billion deal: Purchase helped China company gain world's largest deposit of precious metal used to make batteries for electric vehicles (Daily)
— Disclose.tv (@disclosetv) November 21, 2021
The entire legacy media covered up the Hunter Biden-China scandals before the election of 2020.
It’s a scandal of epic proportion.
Now, some are beginning to look at the facts….but it’s too late. They can never be trusted.
— Richard Grenell (@RichardGrenell) November 21, 2021
More of that "Russian disinformation" that would have been very useful to voters prior to November 2020.
The media censored reports on Hunter Biden's dealings in China.
Biden is bought.
"How Hunter Biden’s Firm Helped Secure Cobalt for the Chinese"https://t.co/09IHMAG4jQ
— Joel Pollak (@joelpollak) November 21, 2021
The liberal media thinks that if they ignore this, no one will notice.