Ivanhoe Electric Inc.
New York Stock Exchange ArcaCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Taylor Melvin
- Full Time Employees
- 286
- Sector
- Basic Materials
- Industry
- Copper
- Address
- 450 E Rio Salado Parkway Tempe AZ United States of America 85281
- IPO Date
- Jun 28, 2022
- CIK
- 0001879016
- Website
- ivanhoeelectric.com
- Similar Companies
- Business
- Ivanhoe Electric Inc. is a United States-based mineral exploration company specializing in the development of copper and critical minerals projects primarily in North America. Founded in 2020 and headquartered in Tempe, Arizona, the company focuses on advanced mineral exploration technologies combined with electric metals exploration projects. Its core products and services include the development and exploration of copper projects such as the flagship Santa Cruz Copper Project in Arizona, which encompasses nearly 6,000 acres and associated water rights. Additionally, Ivanhoe Electric operates across four business segments: mineral project exploration and development (including the Santa Cruz Project and other critical metals projects), data processing services through its subsidiary Computational Geosciences Inc. offering geophysical data analytics, modeling, and artificial intelligence for mineral, oil & gas, and water exploration industries; and energy storage solutions involving the manufacture and installation of vanadium redox flow batteries for grid-scale applications. Recent major developments include securing up to $825 million in financing indication from the Export-Import Bank of the United States to support the Santa Cruz Copper Project, advancing project permitting, financing, and detailed engineering toward construction, and progressing a preliminary feasibility study targeted for completion in the second quarter of 2025. The company completed a significant public offering in October 2025, raising $172.5 million to fund land payments, early development activities, exploration ventures, and general corporate purposes. Strategic partnerships and joint ventures are integral to Ivanhoe Electric’s growth, evidenced by joint exploration agreements with BHP in the southwestern United States and a battery joint venture through its VRB Energy subsidiary, which secured $55 million in investment. The company is also expanding exploration activities internationally, including drilling in Saudi Arabia and resource discoveries in nickel-copper projects in Côte d'Ivoire. Ivanhoe Electric operates with a strong emphasis on leveraging proprietary technology such as its Typhoon™ geophysical surveying system to accelerate and de-risk mineral exploration. The company targets multiple critical minerals essential for electric vehicle batteries and renewable energy infrastructure, including copper, cobalt, lithium, and silver. With its diversified business model encompassing resource development, technology-driven data analytics, and energy storage, Ivanhoe Electric engages with commercial, industrial, and governmental customers primarily within the United States but also with expanding international interests. The company is governed by Executive Chairman Robert Friedland and CEO Taylor Melvin and maintains a strategic focus on sustainable mining and supply chain security in support of the U.S. domestic metals industry. Ivanhoe Electric’s ongoing operations and developments position it as a key player in the materials and mining sector, combining resource exploration with advanced technology solutions. The company’s market capitalization has grown with its expanding project portfolio and strategic funding, supported by institutional ownership including Ivanhoe Mines Ltd., and recent stock offerings. Its mission centers on optimizing resource extraction efficiency, minimizing environmental impacts, and supporting domestic supply chains for essential minerals used in emerging energy technologies. Overall, Ivanhoe Electric Inc. offers a comprehensive portfolio in mineral exploration, geophysical data services, and energy storage technology integration, with significant recent operational and financial advancements toward scaling its Santa Cruz Copper Project and other critical metal assets in North America and abroad.
Company News
Ivanhoe Electric: Washington Just Offered To Fund America's Next Copper Mine
Ivanhoe Electric Receives Preliminary Project Letter from the Export-Import Bank of the United States for $1.1 Billion in Potential Debt Financing for the Santa Cruz Copper Project
Cadeler Significantly Expands Its Capabilities in Offshore Wind Foundation T&I With the Acquisition of Menck
Ivanhoe Electric (IE) Reports Q2 Loss, Lags Revenue Estimates
Ivanhoe Electric (IE) Soars 16.2%: Is Further Upside Left in the Stock?
Ivanhoe Electric: The Risk-Reward Ratio Is Improving
Wall Street Analysts Believe Ivanhoe Electric (IE) Could Rally 58.28%: Here's is How to Trade
The 5 Strategic Projects Quietly Defining the Next Decade of West's Critical Minerals Supply
Ivanhoe Electric to Acquire Robbins Tunnel Boring Machine and Material Handling System for Mine Access Development at the Santa Cruz Copper Project
Ivanhoe Electric (IE) Reports Q1 Loss, Lags Revenue Estimates
Does Ivanhoe Electric (IE) Have the Potential to Rally 62.2% as Wall Street Analysts Expect?
Wheaton Precious Metals Corp. (WPM) Reports Next Week: Wall Street Expects Earnings Growth
Will Ivanhoe Electric (IE) Report Negative Q1 Earnings? What You Should Know
Wall Street Analysts Predict a 47.6% Upside in Ivanhoe Electric (IE): Here's What You Should Know
SG Americas Securities LLC Has $2.41 Million Stake in Ivanhoe Electric Inc. $IE
Ivanhoe Electric Sees Unusually Large Options Volume (NYSEAMERICAN:IE)
Ivanhoe Electric to Receive $58.4 million Cash Distribution from Cordoba Minerals Corp
Ivanhoe Electric (IE) Reports Q4 Loss, Tops Revenue Estimates
Ivanhoe Electric (IE) to Release Quarterly Earnings on Thursday
Sama Resources and Ivanhoe Electric Commence 2026 Regional Exploration Program at the Polymetallic Samapleu-Grata Nickel-Copper Project, Cote d'Ivoire