Ivanhoe Electric received a Letter of Interest from the Export-Import Bank of the United States (EXIM Bank) outlining the potential to provide up to $825 million in debt financing for the development of the Santa Cruz copper project in Arizona. The project aligns with the EXIM Bank’s Make More in America initiative, which is intended to increase the United States’…
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Ivanhoe Electric on track for Arizona copper project
An initial assessment of the Santa Cruz copper project, located west of Casa Grande, Ariz., shows that Ivanhoe Electric is “on the right track” to developing a modern mine that responsibly produces “green” copper. “The study provides a first look at our plans for a technologically advanced, underground copper mine in Arizona with attractive economics at today’s copper prices,” said…
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