Record Copper Production
Ivanhoe Mines achieved a record production of over 457,000 tons of copper in 2024, with guidance to increase to between 520,000 and 580,000 tons in 2025.
Kamoa-Kakula Revenue and EBITDA Growth
Kamoa-Kakula generated over $3 billion in revenue and $1.8 billion in EBITDA, representing an 11% increase in production year-over-year.
Successful Notes Offering
Ivanhoe Mines successfully closed a senior unsecured notes offering at 7.85%, improving their capital structure.
Platreef Expansion Plans
Updated feasibility study shows Platreef poised to become one of the largest PGM producers, with Phase I starting in Q1 2025 and significant production expansions planned.
Sustainability and Local Workforce
Ivanhoe Mines reported a local workforce of over 90%, with significant female representation, and continued progress on sustainability assessments.