A prominent columnist is calling on the Bidens, both Joe and Hunter, to come clean on a scandalous mine deal in which the president’s son was involved just a few years ago.
WND reported this week it was an investment firm that included Hunter Biden that helped broker a 2016 deal that gave a Chinese state-backed company control of a massive African mine rich in cobalt — a mineral essential for the production of electric car batteries.
That acquisition now, of course, is being elevated in value by President Biden’s $2 trillion social spending plan, which earmarks billions of dollars to promote electric vehicles.
In 2016, an investment firm founded by Hunter Biden with several Chinese partners was cut into a complex $3.8 billion transaction that transferred 80 percent of Congo’s Tenke Fungurum mine from an American company to Beijing-backed China Molybdenum.
Joe Biden was vice president when the deal was struck.
And the mine is one of the world’s largest sources of cobalt — and China’s control of the mineral “presents a critical vulnerability to the future of the U.S. domestic auto industry,” Biden’s White House reported in June.
Now Jonathan Tobin, a senior contributor to The Federalist, is calling out the president and his son for details about the scheme.
“The fact that Hunter Biden is to be found in the middle of this mess cannot be plausibly explained as a mere coincidence.