Mining exploration company focused on acquiring and exploring mineral properties.
Ivanhoe Electric Inc. functions as a dynamic mineral exploration and development company operating primarily in the United States. The company operates through three distinct segments: Critical Metals, Technology, and Energy Storage. Ivanhoe Electric holds a significant 84.6% ownership stake in the Tintic copper-gold project, spanning 65 square kilometers in Utah. Additionally, it has an option to acquire full ownership of the Santa Cruz copper project across 77.59 square kilometers in Arizona. The company also maintains a 75% interest in the Hog Heaven silver-gold-copper project covering 24.2 square kilometers in Montana, and a 60% interest in the Ivory Coast project, spanning 1,125 square kilometers in Ivory Coast.
In addition to its exploration and mining activities, Ivanhoe Electric Inc. provides specialized services such as data analytics, geophysical modeling, and artificial intelligence solutions tailored for the mineral, oil and gas, and water exploration sectors. Moreover, the company is actively involved in the development, manufacturing, and installation of vanadium flow batteries designed for grid-scale energy storage applications.
Founded in 2020 and headquartered in Vancouver, Canada, Ivanhoe Electric Inc. operates as a subsidiary of I-Pulse Inc. The company leverages its innovative approach and strategic acquisitions to advance its portfolio of mineral assets and technological solutions, positioning itself at the forefront of critical metals exploration and sustainable energy storage solutions.