Ivanhoe Mines’ reports Q3 2025 profit of $31M and adjusted EBITDA of $87M, including $76M of attributable EBITDA from Kamoa-Kakula

Stage Two dewatering of Kakula Mine advancing towards completion in early December; head grades to improve in Q4 2025 as higher-grade mining areas are reopened

Updated life-of-mine integrated development plan well underway for Q1 2026; targeting return of annualized copper production to over 550,000 tonnes

Africa’s largest and greenest copper smelter to start up in the coming weeks

Commissioning 178-megawatt Turbine #5 at Inga II complete; initial additional 50 megawatts of hydropower supplied to Kamoa-Kakula from November

First feed of platinum-palladium-nickel-rhodium-copper-gold ore into the Platreef Phase 1 concentrator recently took place; first concentrate expected in coming weeks

Engineering contractor appointed for Phase 2 expansion of the Platreef Mine; earthworks to commence in Q1 2026

Kipushi produced a record 57,200 tonnes of zinc in Q3 2026; reaching annualized production rates of up to 315,000 tonnes of zinc in concentrate

Ivanhoe Mines’ balance sheet strengthened by $500 million strategic private placement with Qatar Investment Authority

Johannesburg, South Africa–(Newsfile Corp. – October 29, 2025) – Ivanhoe Mines’ (TSX: IVN) (OTCQX: IVPAF) President and Chief Executive Officer, Marna Cloete, and Chief Financial Officer David van Heerden today announce the company’s financial results for the third quarter of 2025, as well as an operations and project development update.

Ivanhoe Mines is a leading Canadian mining company with three principal tier-one mining operations in Southern Africa. The company is primarily focused on operations at the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC); the ultra-high-grade Kipushi zinc-copper-lead-germanium mine in the DRC; and the ramping up of the Platreef platinum, palladium, rhodium, nickel, gold, and copper mine in South Africa.

In addition, Ivanhoe Mines is expanding the Makoko District copper discovery in the Western Forelands, as well as exploring for new sedimentary-hosted copper discoveries across its expansive and highly prospective exploration licence packages across the DRC, Angola, Zambia, and Kazakhstan. All figures are in U.S. dollars unless otherwise stated.

Founder and Co-Chairman Robert Friedland commented:

see & read more on
https://www.ivanhoemines.com/news-stories/news-release/ivanhoe-mines-issues-2025-third-quarter-financial-results-overview-of-construction-and-exploration-activities/