Ivanhoe Electric promotes Alex Neufeld to SVP, Exploration
He succeeds Graham Boyd, who is leaving the company after a transition period.
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Electric metals exploration and technology company
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In short: Ivanhoe Electric advanced its Santa Cruz Copper Project through federal partnerships, major capital raises, and key equipment acquisitions.
He succeeds Graham Boyd, who is leaving the company after a transition period.
The machine will be used for decline development and material handling, with first copper cathode production expected in Q2 2029.
The distribution follows the sale of Cordoba's Alacrán Project in Colombia. Payment expected on March 25, 2026. Ivanhoe Electric owns 57.8 million shares of Cordoba, entitling it to this payment.
The $12 billion Project Vault initiative aims to secure U.S. mineral supply chains, with Ivanhoe Electric's Santa Cruz Copper Project contributing domestic copper.
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