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Operations & Projects

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.

Kazakhstan

Chu-Sarysu Copper Basin

Ownership: 20%
Pallas Resources

Ivanhoe Mines has formed an exploration Joint Venture with UK-based private company Pallas Resources, to explore the Chu-Sarysu Copper Basin in Kazakhstan, the world’s third-largest sediment-hosted copper region. The joint venture covers a highly prospective licence package of up to 16,000 km2, building on decades of detailed geological data to unlock new mineral opportunities in this vast Central Asian landscape.

As announced on February 12, 2025, Ivanhoe has committed to fund $18.7 million in exploration activities over an initial two-year period, with earn-in rights to further increase its ownership up to 80% over time.

Exploration activities began during the first quarter of 2025, including the hiring of an exploration team as well as tendering and awarding an airborne geophysics contract.