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IE Stock - Ivanhoe Electric Inc.


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Ivanhoe Electric Inc. is a mineral exploration and development company focused on advancing critical metals projects in the United States. The company's operations are structured around three primary segments: Critical Metals, Technology, and Energy Storage. Among its key assets, Ivanhoe Electric holds an 84.6% interest in the Tintic copper-gold project, which spans 65 square kilometers in Utah. Additionally, the company has an option to acquire a 100% interest in the Santa Cruz copper project in Arizona, covering 77.59 square kilometers, and holds a 75% interest in the Hog Heaven silver-gold-copper project in Montana, which encompasses 24.2 square kilometers. Internationally, Ivanhoe Electric has a 60% interest in the Ivory Coast project, a substantial exploration area of 1,125 square kilometers in the Ivory Coast.

Beyond its mineral exploration activities, Ivanhoe Electric Inc. is a pioneer in integrating advanced technology into the resource sector. The company provides data analytics, geophysical modeling, and artificial intelligence services tailored to the mineral, oil and gas, and water exploration industries. This technological edge enhances exploration efficiency and accuracy, positioning Ivanhoe Electric as a leader in the application of innovative solutions in resource discovery and development.

In the realm of energy storage, Ivanhoe Electric is actively developing, manufacturing, and installing vanadium flow batteries, which are designed for grid-scale energy storage. These batteries offer a sustainable and reliable solution for storing renewable energy, contributing to the stability and efficiency of power grids. The company's commitment to advancing energy storage technology reflects its broader mission to support the transition to a more sustainable and resilient energy infrastructure.

Incorporated in 2020 and headquartered in Vancouver, Canada, Ivanhoe Electric Inc. operates as a subsidiary of I-Pulse Inc. The company's strategic focus on critical metals, advanced technology integration, and energy storage solutions underscores its role in addressing some of the most pressing challenges in the resource and energy sectors. By leveraging its diverse portfolio and technological capabilities, Ivanhoe Electric aims to drive sustainable growth and innovation, ensuring long-term value creation for its stakeholders.

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