A New Generation Typhoon™ Unit Dedicated to the Exploration Alliance is Conducting its First Survey in Arizona Ivanhoe Electric Inc. Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to provide an update on the activities of the BHP Exploration Alliance in the Southwest U.S. . Mr. Friedland commented: "The Basin and Range province of the Southwest U.S. remains [...]
Drilling Expands the Texaco Deposit in Arizona with Intersections of Significant Enriched Mineralization Drilling at the Hog Heaven Project Identifies a Porphyry Copper-Gold-Molybdenum System in the Battle Butte Area Associated with a Typhoon™-identified Anomaly Drilling at the Tintic Copper-Gold-Silver Project Continues to Explore for the Source Porphyry Copper System Typhoon™ and Computational Geoscience [...]
Ivanhoe Electric to Allocate $20 million of Transaction Proceeds to Establish US-Domiciled Vanadium Redox Flow Battery Business Ivanhoe Electric Inc. Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to announce today the signing of Definitive Agreements between the Company's 90%-owned subsidiary, VRB Energy Inc. , a subsidiary of privately held Shanxi Red Sun Co., Ltd. , and certain other affiliates, finalizing the terms of the transaction announced on September 23, 2024 . The Joint Venture, which will receive a $35 million capital increase from Red Sun, is being formed to expand manufacturing and sales of vanadium redox flow battery systems. In addition to the formation of the Joint Venture, I... [...]
Ivanhoe Electric to Use $20 Million of the Transaction Proceeds to Establish U.S.-based Grid Scale Vanadium Redox Flow Battery Manufacturing in Arizona Existing VRB Energy Manufacturing Operation in China to become 51/49 Joint Venture Following $35 Million Investment from Red Sun, a Leading Asian New Energy Group Ivanhoe Electric Inc. Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor [...]
Ivanhoe Electric Will Use the Preliminary Feasibility Study to Pursue Long-term Project Financing Metallurgical Results from Ongoing Testwork Show High Copper Recoveries and Recoverable Precious Metals Santa Cruz Copper Project Received General Plan Amendment Approval from the City of Casa Grande and is Preparing Key Permit Applications for Submittal in H1 2025 Recent Infill Drilling Intersects High-Grade Copper [...]
Ivanhoe Electric President and Chief Executive Officer Taylor Melvin is pleased to announce that Mike Patterson joined the Company as the Vice President of Investor Relations and Business Development, effective August 19, 2024. Mike will be a key leader of the Company's investor relations function and the communications and business development teams in support of the Company's strategic growth initiatives. He will be [...]
Initial Program Testing Chargeability Anomaly Identified by Typhoon™ and Computational Geosciences' Inversion Software Typhoon™ Survey Near Ma'aden's Al Amar Gold-Copper-Zinc Mine Now Exceeds 155 km2 Ivanhoe Electric Inc. Executive Chairman Robert Friedland, and President and Chief Executive Officer Taylor Melvin, are pleased to announce the commencement of drilling in Saudi Arabia by the Joint Venture [...]
Ivanhoe Electric Inc. Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to announce that the Company, through its wholly-owned subsidiary Mesa Cobre Holding Corporation , completed the final US$10 million payment to exercise its option to acquire 100% ownership of the mineral rights at the Santa Cruz Copper Project in Arizona. Following this transaction, Ivanhoe [...]
Ivanhoe Electric Inc. clarifies misleading certain media headlines speculating that Saudi Arabia Mining Company will sell Ivanhoe Electric shares under the recently filed Registration Statement. The Registration Statement was filed pursuant to an obligation in the Investor Rights Agreements entered into between Ivanhoe Electric and Ma'aden at the time of Ma'aden's initial investment in Ivanhoe Electric. The IRA was [...]
Infill Drilling Program at the Santa Cruz Copper Project is Substantially Complete, with 185 Development Drill Holes Totaling 133,000 Meters Completed Since the December 2022 Mineral Resource Estimate Current Drilling Focused on Hydrogeological Testwells to Support Preliminary Feasibility Study Recent Step-Out Drilling at the Verde Domain Identified Additional High-Grade Copper Intercepts Santa Cruz Copper Project [...]
Ivanhoe Electric Inc. Executive Chairman Robert Friedland, and President and Chief Executive Officer Taylor Melvin, are pleased to announce its multi-year commitment for a $150,000 contribution to the Native American Mining and Energy Sovereignty Initiative , part of the Payne Institute for Public Policy at Colorado School of Mines , one of the world's foremost universities of mineral and energy engineering. NAMES serves [...]
The Alliance Will Focus Initially on Six Areas of Interest in the Southwest United States BHP to Contribute $15 Million of Exploration Capital over Initial Three-year Term Ivanhoe Electric will Provide Access to its New Generation Typhoon™ Geophysical Survey System and Computational Geosciences' Inversion Software Ivanhoe Electric will Operate the Alliance During the Exploration Phase, with any Joint Ventures Formed [...]
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