EN

Global Exploration

Our portfolio of tier-one assets provides exposure to copper, platinum group, zinc and other metals essential for the world’s transition to clean energy and a low-carbon economy. Our stakeholders benefit from long-life projects with low costs, low-capital intensity and leading ESG programs.

Global Exploration

Ivanhoe’s 2026 group exploration budget was increased in early Q2 to US$126 million, up from the original budget of US$90 million. This represents more than double the company’s 2025 exploration expenditure of US$60 million, reflecting growing confidence in the potential of its exploration portfolio, particularly in the Western Forelands in the Democratic Republic of the Congo (DRC). The 2026 exploration budget is allocated as follows: US$86 million for the Western Forelands Exploration Project in the DRC; US$20 million for Ivanhoe’s joint venture exploration activities in Kazakhstan; and US$20 million for exploration activities in Angola, Zambia and South Africa.