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Two Blokes May 2 -
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Monthly production record achieved over 30 days, Kamoa-Kakula hits an annualized copper production rate of approx. 625,000 tonnes at the end of April \u25a0 Phase 3 concentrator achieves record throughput rates at 20% above nameplate capacity during Q1, equivalent to an annualized milling rate of 6.1 million tonnes per annum \u25a0 Further improvements in Phase 3 copper grade, milling performance and improved power stability expected to drive additional production growth over the remainder of 2025 \u25a0 Africa's largest and greenest direct-to-blister copper smelter well on track to produce first anode in July, projected to improve operating margins Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - May 2, 2025) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President and Chief Executive Officer Marna Cloete announced today that the Phase 1, 2, and 3 concentrators at the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) achieved a monthly combined production record of 50,176 tonnes of copper in concentrate during the 30 days of April.