First ore to Kipushi concentrator achieved on May 31; first concentrate produced on June 14

Kipushi sets 2024 production guidance at between 100,000 and 140,000 tonnes of zinc in concentrate

Kipushi zinc production capacity to average 278,000 tonnes per annum over first five years, making Kipushi the fourth-largest zinc mine globally

Basic engineering underway to increase processing capacity of concentrator by 20% to 960,000 tonnes per annum

Off-take agreements signed with CITIC Metal and Trafigura, plus $170 million in financing facilities agreed

Kipushi reconfirmed as the world’s lowest carbon-emission intensive zinc mine on a Scope 1 and 2 basis

Kipushi, Democratic Republic of Congo–(Newsfile Corp. – July 2, 2024) – Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President Marna Cloete announce today the completion of construction and the restart of the historic ultra-high-grade Kipushi zinc-copper-lead-germanium mine in the Democratic Republic of the Congo (DRC), 100 years after it first operated, and 31 years since it was placed on care and maintenance. First feed of ore..
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