Donald Trump has handed a company partnered with Donald Trump Jr. a multi-million dollar deal in what has been described as a "cloud of conflict". The deal for Vulcan Elements will see the company given a government contract to increase the domestic industrial supply of magnets. Trump Jr. had invested heavily in Vulcan Elements earlier this year, and they are now set to receive a $260 million Defense Department loan as part of a deal. It's part of a wider investment in the tiny-earth company and magnets sector, with a $1.4 billion loan distributed by the Trump administration. Four firms within 1789 Capital's portfolio, the venture company Trump Jr. is partnered with, will receive a significant portion of the $1.4 billion loan. ALSO READ: Texas GOP senators dodge questions over ethics of Trump pardon for 'Blue Dog' bribery Dem