Kipushi Mine - 2022 Feasibility Study

Ivanhoe Mines and Gécamines sign new agreement to return the ultra-high-grade Kipushi Mine in the DRC to production. Kipushi 2022 feasibility study highlights outstanding economic results from planned rebirth of the historic Kipushi Mine, with two-year development timeline. Kipushi will be the world’s highest-grade major zinc mine, with average grade of 36.4% zinc over the first five years. Life-of-mine average annual zinc production of 240,000 tonnes with C1 cash costs of US$0.65/lb of payable zinc. Kipushi to be fully powered by clean hydroelectricity, aligning with Ivanhoe’s vision to produce “green metals”.