Hunter Biden Helped Found and Owns 10% Stake in Chinese Equity Investment Firm That Helped China Buy Huge Cobalt Mine, Cobalt is a Key Ingredient in Electric Car Batteries

Hunter Biden China

FoxNews.com reports that

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.

The Times reported that Biden controlled 10 percent of BHR through Skaneateles LLC, a company based in Washington.

Chris Clark, a lawyer for Biden, said he “no longer holds any interest, directly or indirectly, in either BHR or Skaneateles,” and Chinese records indicated Biden was not a member on the board as of April 2020.

But Chinese business records reviewed by Fox News in April 2021 showed that Hunter Biden continued to hold a 10% stake in Chinese private equity firm Bohai Harvest RST Equity Investment Fund Management Co. through Hunter’s company, Skaneateles LLC.

“He has been working to unwind his investment, but I would certainly point you — he’s a private citizen,” Psaki said at that time. “I would point you to him or his lawyers on the outside on any update.”

A former board member also claimed that money from the deal – which the owners were not involved in – went to the operating funds and did not distribute among the owners.

“We don’t know Hunter Biden, nor are we aware of his involvement in BHR,” Vincent Zhou, a spokesman for China Molybdenum, said in an email.

Hunter Biden’s business ties remain an item of intense scrutiny for the media, particularly his activity in China. President Biden particularly warned about China’s growing dominance of cobalt as a stumbling block to America’s attempts at shifting from petrol gas to electric cars, as cobalt is a key ingredient in electric car batteries.

Tesla last year pursued a deal to acquire Glencore, a Canadian mining company, in an effort to increase its acquisition of cobalt for its electric car batteries.

But, wait…there’s more…

FoxNews.com reported on October 16th of last year that

One of the people on an explosive email thread allegedly involving Hunter Biden has corroborated the veracity of the messages, which appear to outline a payout for former Vice President Joe Biden as part of a deal with a Chinese energy firm.

One email, dated May 13, 2017, and obtained by Fox News, includes a discussion of “remuneration packages” for six people in a business deal with a Chinese energy firm. The email appeared to identify Hunter Biden as “Chair / Vice Chair depending on agreement with CEFC,” in an apparent reference to now-bankrupt CEFC China Energy Co.

The email includes a note that “Hunter has some office expectations he will elaborate.” A proposed equity split references “20” for “H” and “10 held by H for the big guy?” with no further details. Fox News spoke to one of the people who was copied on the email, who confirmed its authenticity.

Sources told Fox News that “the big guy” is a reference to the former vice president. The New York Post initially published the emails and other controversial messages that Fox News has also obtained.

Hunter Biden is the point of the spear in a Foreign Policy scandal which is just a small part of what will go down as the most corrupt Presidential Administration in history, making the Warren G. Harding Teapot Dome Scandal pale in comparison.

All of this boggles the mind. Think about it:

The Clinton Foundation Pay-for-Play

The Bidens’ misuse of the power of the Vice-President for personal gain

President Barack Hussein Obama’s $150 billion bribe of the murderous Mullahs of Iran which included hosting Radical Islamists like the late (Thank God) Gen. Quassem Soleimani at the White House

The trading of Muslim Terrorists for the traitorous Bowe Bergdahl

And, of course “Spygate”, the Steele Dossier, and the unmasking of Gen. Flynn

The entire attack on Former President Trump, which lasted his entire first term, the Special Counsel’s “Russian Collusion” investigation, and the hurried Democratic Sham Impeachment were all part of a strategy to cover up the out-of-control corruption, both foreign and domestic, which took place during the Obama Administration with the knowledge and consent of President Barack Hussein Obama, himself.

That would certainly explain the Democrats’ over-the-top reaction to losing the 2016 Presidential Election and their vicious rhetoric and unconstitutional political actions and schemes since.

Former President Trump was right all along.

Just let this soak in, boys and girls…

We have a President of the United States of America who is owned by Communist China!!!

If the dots can be connected in the case of Hunter Biden’s and his father’s history of corruption and the Obama White House and their Foreign Policy, it could be absolutely huge.

If our Sovereign Nation is to survive, this out-of-control political corruption, perpetrated on behalf of a Shadow Government by Deep State Operatives, must be dealt with and those responsible brought to justice.

No matter to whom the trail of corruption leads.

By the way, where IS Hunter Biden?

Until He Comes,
KJ

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