Ivanhoe Mines executive co-chair Robert Friedland at CMS in London. Credit: The Northern Miner
Ivanhoe Mines is in constant dialogue with sovereign wealth funds for potential investments aimed at supporting the company’s push to boost production of copper and other critical minerals, co-chairman Robert Friedland told Reuters on Wednesday.
Vancouver-based Ivanhoe said earlier on Wednesday that Qatar’s sovereign wealth fund would invest $500 million as part of what Qatari officials said is a goal of “finding, developing, and sustainably supplying the critical minerals essential to global energy transition and advanced technology applications.”
Ivanhoe has operations in the Democratic Republic of Congo and South Africa, with exploration projects underway in Angola. Friedland, Ivanhoe’s third-largest shareholder, cited an interest in growing elsewhere in Africa and parts of Asia.
Friedland…
