Ivanhoe Electric Inc. operates through multiple business segments, including mineral project exploration and development, data processing services, and energy storage. Its core focus is on advancing its portfolio of electric metals projects in the U.S., headlined by the Santa Cruz Copper Project in Arizona and the Tintic Copper-Gold Project in Utah, alongside other exploration assets in Montana and Nevada. The company also operates a 50/50 joint venture with Saudi Arabian Mining Company (Ma'aden) to explore the Arabian Shield for critical minerals. Beyond traditional mining, Ivanhoe Electric leverages its proprietary Typhoon transmitter technology and artificial intelligence-driven data analytics from its subsidiary, Computational Geosciences Inc., to identify deep or hidden mineral deposits. Additionally, the company's energy storage segment develops and manufactures vanadium redox flow batteries for grid-scale energy applications.
