Ivanhoe Electric Inc. (IE)

Profile

https://ivanhoeelectric.com

Ivanhoe Electric Inc. is a United States-based minerals exploration and development company focused on transforming mineral deposits into operating mines, primarily in the United States. The company primarily targets copper, gold, and silver deposits through its flagship projects, including the Santa Cruz Copper Project spanning 5,975 acres in Arizona with associated water rights, and the Tintic Copper-Gold Project covering approximately 82 square kilometers of claims and leases in Utah. Ivanhoe Electric Inc. operates across four key segments: mineral exploration via Santa Cruz and critical metals projects; data processing services offering analytics, geophysical modeling, and AI solutions for mineral, oil & gas, and water industries; and energy storage through vanadium flow batteries for grid-scale applications. Headquartered in Tempe, Arizona, and founded in 2020, the company employs around 240 people and derives significant revenue from Canada while maintaining a diversified approach to critical minerals essential for energy transition and industrial sectors.