Dominari Securities HQ is based in Trump Tower, New York.
https://www.financecharts.com/stocks/DOMH/summary/headquarters
Published Tue, Feb 11 2025
Dominari Holdings shares shot up Tuesday after the holding company announced that President Donald Trump’s sons — Donald Trump Jr. and Eric Trump — have joined its advisory board.
The stock surged as much as 83.9% to a record high before trading about 30% higher. Dominari is involved in wealth management, investment banking, sales and trading through its subsidiaries. It is a so-called microcap company with a market cap of roughly $51.5
NYT: Trump sons linked to Kazakhstan tungsten investment project
29 June 2026 09:58
The sons of US President Donald Trump and Commerce Secretary Howard Lutnick are involved in investment arrangements tied to the development of a major tungsten deposit in Kazakhstan, according to documents cited by The New York Times.
Investors from Dominari Securities, a company co-owned by Donald Trump Jr. and Eric Trump, have acquired a 20% stake in a legal entity associated with the Kazakh tungsten project alongside other partners.
Meanwhile, Cantor Fitzgerald, the investment firm controlled by the Lutnick family and managed by Howard Lutnick’s sons, Brandon and Kyle Lutnick, helped one of the key investors working with Dominari on the Kazakhstan deal raise $210 million in new capital.
Earlier this spring, the Financial Times reported that Trump’s sons had joined the Kazakhstan tungsten mining project.
According to The New York Times, Kazakhstan’s leadership has been actively strengthening ties with the United States during Trump’s second term, seeking to maintain a balance between its two largest neighbours, Russia and China.
“We are driven by a pragmatic approach,” said Nurlan Zhakupov, Chairman of the Management Board of Kazakhstan’s Samruk-Kazyna National Wealth Fund.
“If we see merit in working with the U.S., the E.U., a Chinese, Russian, Korean, German, Emirati or whatever company, we assess it on a relative performance basis and we choose what is the best for us,” he added.
“For the business relationship, it has never been better,” Jeff Ehrlich, Executive Director of the American Chamber of Commerce in Kazakhstan, stated.
The newspaper notes that Trump views countries such as Kazakhstan through the lens of the deals they can offer. One of Washington’s top priorities is securing access to critical mineral reserves and exporting them via the Middle Corridor, a trade route that passes through the Caspian Sea and the Caucasus, bypassing Russia.
By Bakhtiyar Abbasov
Using US taxpayers money:
Trump Administration Investment in Mining Raises Questions About The Responsible Use of Taxpayer Money
Aaron Mintzes | February 2, 2026 |
Share:
One potential risk is over-supply from the taxpayer subsidies fueling this current “boom.” In November 2025, while signing a minerals deal with Australia, President Trump said, “In about a year from now we’ll have so much critical mineral and rare earths that you won’t know what to do with them. They’ll be worth about $2.” Historic and recent volatility in metals commodities markets—like lithium’s recent crash—suggests the President could be right.
The mining region being developed is located near the village of Unrek.
The responsibility of those who invest in mining Tungsten 
should be to minimise harm to residents who live in the mining region.
Extract from above research:
Conclusions
W concentration was significantly higher in the W mining and refining solid wastes than in the downstream sediment and in the downstream sediment than in the downstream soil. on the other hand, W concentration was significantly higher in the W mining and refining wastewater than in the downstream river water and in the downstream river water than in the downstream groundwater. These results revealed W transport from W mining and refining source sites to their downstream rivers and then to their
Environmental Implication
Tungsten mining and refining activities lead to surrounding and downstream multimedia tungsten contamination, where leaf vegetables enriched higher tungsten than fruit vegetables and rice. Therefore, residents in the surrounding and downstream areas of tungsten mining and refining activities are faced with health risk by tungsten contamination. Anthropogenic tungsten concentration was 7.9 mg/kg in the surrounding and downstream soil estimated by the tungsten geochemical baseline developed in…..
And a summary:
Overview of Tungsten Mining Companies’ Responsibility
Tungsten mining companies are increasingly focusing on responsible sourcing practices. This includes implementing sustainable mining techniques and ensuring ethical supply chain management. However, challenges remain in fully achieving these goals.
Key Aspects of Responsible Mining
- Sustainable Practices: Companies are adopting responsible mining techniques to minimize environmental impact. This includes reducing soil erosion and water pollution associated with traditional mining methods.
- Ethical Supply Chain Management: There is a growing emphasis on ensuring fair labor practices throughout the supply chain. Companies are working to avoid conflict minerals and ensure compliance with ethical sourcing standards.
Challenges Faced
ChallengeDescriptionSupply Chain VulnerabilitiesThe concentration of tungsten production in China creates risks for global supply chains.Environmental ConcernsTraditional mining methods can lead to significant environmental degradation.Regulatory ComplianceCompanies must navigate complex regulations to ensure sustainable practices.
Industry Trends
- Focus on Sustainability: The tungsten industry is moving towards more sustainable practices, driven by both regulatory pressures and market demand for ethically sourced materials.
- Technological Innovations: Companies are exploring new technologies to enhance traceability and improve the sustainability of tungsten sourcing.
While progress is being made, the tungsten mining industry still faces significant challenges in achieving full responsibility in its operations.
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