Hunter Biden's firm helped Chinese company purchase rich cobalt mine in $3.8
billion deal: report https://www.foxnews.com/politics/hunter-biden-firm-chinese-purchase-cobalt-
mine
Biden's business ties may have continued into the early days of his father's
presidency
CNN anchor John King said on Wednesday that Hunter Biden is a "swamp
creature" who used his powerful father to make money.
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.
