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Ivanhoe Mines Issues Q1 Financial Results and Review of Mine Construction Progress and Exploration Activities

Copper production at the Kamoa-Kakula Mine to begin imminently; first phase projected to produce approximately 200,000 tonnes of copper per year Kamoa-Kakula's Phase 2 expansion, scheduled for Q3 2022, will double annual copper output to approximately 400,000 tonnes Ivanhoe Mines pledges net-zero greenhouse gas emissions at the Kamoa-Kakula Copper Mine Expanded 2021 exploration program underway on Ivanhoe's Western .

Ivanhoe Mines Ltd : Ivanhoe Mines Issues Q1 Financial Results and Review of Mine Construction Progress and Exploration Activities

Ivanhoe Mines Ltd.: Ivanhoe Mines Issues Q1 Financial Results and Review of Mine Construction Progress and Exploration Activities 80,000 to 95,000 tonnes All figures in the above table are on a 100%-project basis. Metal reported in concentrate is prior to refining losses or deductions associated with smelter terms. Cost guidance is expected to be provided once the Kamoa-Kakula Project s Phase 1 plant has reached steady state production. Kamoa-Kakula s Phase 1 backfill plant with concentrator plant in the background. To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/3396/83893 8fb1019064489b13 006full.jpg Construction of Phase 2 of the Kamoa-Kakula project is well underway and Phase 3 expansion is being explored

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