![the tiger hunter nyc playing the tiger hunter nyc playing](https://m.media-amazon.com/images/M/MV5BMDkzZGM0NTktMzk4MC00YTk1LTllOTMtYzRjYmY1M2I1Y2ViXkEyXkFqcGdeQXVyOTc5MDI5NjE@._V1_.jpg)
Hunter Biden's BHR did so for China Molybdenum with $1.14 billion – which came entirely from Chinese state-backed companies – signing an add-on agreement that allowed China Molybdenum to buy BHR's share, according to the Times.Ĭhina Molybdenum did so in 2019 when Hunter Biden controlled 10% of the firm through Skaneateles LLC, a company based in Washington, D.C., according to the report. To complete that deal, China Molybdenum sought a partner to buy out a minority stakeholder in the mine, Lundin Mining of Canada. That same year, Chinese mining company China Molybdenum also paid $2.65 billion to buy Tenke Fungurume, a cobalt and copper mine from American company Freeport-McMoRan.
![the tiger hunter nyc playing the tiger hunter nyc playing](https://i2.wp.com/www.filminquiry.com/wp-content/uploads/2017/09/The-Tiger-Hunter.jpg)
That was Joe Biden's last year as Obama's vice president. Three Americans including Hunter Biden controlled 30% of BHR, while the rest is owned or controlled by Chinese investors, including Bank of China, the Times reported from Chinese regulators' records.īHR helped finance an Australian coal-mining company controlled by a Chinese state-owned firm, and also assisted a subsidiary of a Chinese defense conglomerate in buying a Michigan auto parts maker.īut one of the most lucrative investments was the 2016 purchase and later sale of CATL, a Chinese company that has become a world leader in making electric vehicle batteries. It started up in 2013 while Joe Biden was vice president in former President Barack Obama's White House. Unwinding the twisting takes of moves, the Times reported Biden was a founding board member of BHR, which is the Bohai Harvest RST (Shanghai) Equity Investment Fund Management Company. taxpayer dollars and government subsidies. The New York Times reported Saturday that Hunter Biden was part owner in an investment firm that was involved in a Chinese conglomerate's $3.8 billion purchase of one of the world's largest cobalt deposits in the Democratic Republic of Congo.īiden's spending package passed the House on Friday night and it plans to give away $320 billion in tax credits for companies or consumers who buy electric vehicles, purchase solar panels, or invest in improving the energy efficiency of their buildings.Ĭobalt mines are pivotal to China's world dominance in making batteries for those electric vehicles the Build Back Better Plan and Democrats are effectively hoisting on the American people through U.S. Long before the Biden administration came to be, and President Joe Biden pushed green energy credits in his Build Back Better spending plan this year, Hunter Biden helped grease the wheels for a Chinese business to buy up key rare-earth minerals used in batteries for electric vehicles.