• Ivanhoe Electric released a 2026 preliminary feasibility study for its Santa Cruz Copper Project in Arizona, forecasting first cathode production in 2029.
• Study models initial capital of USD 1.43 billion with life-of-mine C1 cash costs of USD 1.47/lb copper.
• At COMEX copper USD 6.79/lb, after-tax NPV at 8% totals USD 3.5 billion with a 30% IRR.
• Base-case copper price USD 4.75/lb implies after-tax NPV at 8% of USD 1.52 billion with a 18.7% IRR.
• Mine plan targets 75,000 tonnes average annual copper output for the first 15 years using a Robbins tunnel boring machine decline.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ivanhoe Electric Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609230700NEWSFILECNPR____20260923_315570_1) on September 23, 2026, and is solely responsible for the information contained therein.