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Executive Chairman Robert Friedland to Deliver a Keynote Presentation at the Future Minerals Forum in Riyadh, Saudi Arabia

Corporate Updates

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January 3, 2024

Executive Chairman Robert Friedland to Deliver a Keynote

Presentation at the Future Minerals Forum in Riyadh, Saudi Arabia

on January 10, 2024

As the Exclusive Technology Sponsor for the Future Minerals

Forum, Ivanhoe Electric will have its Powerful Typhoon™

Geophysical Surveying System on Display

PHOENIX, ARIZONA – Ivanhoe Electric Inc. (“Ivanhoe Electric”) (NYSE American: IE;

TSX: IE) is pleased to announce that Mr. Robert Friedland, Executive Chairman of

Ivanhoe Electric Inc., will deliver a keynote presentation at the Future Minerals Forum

titled “The Kingdom of Saudi Arabia...Mining with a Greater Purpose and Powering

Great Ideas”, on January 10th at 12:40 p.m. local time.

President and Chief Executive Officer Taylor Melvin will participate in a panel

discussion titled “Navigating a complex future. Building a robust and resilient mineral

supply roadmap”, on January 10th at 4:15 p.m. local time.

The Future Minerals Forum will take place at the King Abdulaziz International

Conference Center in Riyadh, Saudi Arabia, on January 10th and 11th, 2024.

Mr. Friedland and Mr. Melvin join a prestigious group of speakers,

including:

H.E. Yasir AI-Rumayyan

Governor Mining Public Investment

Fund (PIF)

H.E. Yousef Al Benyan

Minister of Education, Saudi Arabia

H.E. Saleh Al Jasser

Minister, Ministry of Transport and

Logistic Services, Saudi Arabia

H.E. Mohammed Al Jadaan

Minister of Finance, Saudi Arabia

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H.E. Paul Kabuswe

Minister of Mines and Minerals

Development, Zambia

H.E. Dele Alake

Minister of Solid Minerals

Development, Nigeria

Hon. Samuel Jinapor

Minister of Lands and Natural

Resources, Ghana

Dr. Ruth Nankabirwa Ssentamu

Minister of Energy and Mineral

Development, Uganda

Robert Wilt

Chief Executive Officer, Ma’aden

Marna Cloete

President, Ivanhoe Mines

Eduardo Bartolomeo

Chief Executive Officer, Vale

Mark Cutifani

Chairman, Vale Base Metals

Stuart Chambers

Chairman, Anglo American

Jeremy Weir

Chief Executive Officer, Trafigura

Mark Bristow

President and Chief Executive Officer,

Barrick Gold

William Oplinger

Chief Executive Officer, Alcoa

For the full list of speakers, please visit:

https://www.futuremineralsforum.com/conference-speakers/

Typhoon™ to be on Display at the Future Minerals Forum in Riyadh, Saudi

Arabia in January 2024

As the exclusive Technology Sponsor of the 2024 Future Minerals Forum, Ivanhoe

Electric is proud to announce that its Typhoon™ geophysical surveying system will be

on display during the Forum. Ivanhoe Electric’s booth will be located outside the King

Abdulaziz International Conference Center at stand #M05.

Following the conference, this TyphoonTM unit will be deployed to support the

exploration activities of our joint venture with Saudi Arabian Mining Company Ma’aden

on the Al Amar Belt in Saudi Arabia.

As announced in November 2023, Ivanhoe Electric and Ma’aden have commenced

exploration activities in Saudi Arabia. The strategic 50/50 joint venture will have

exclusive access to approximately 48,500 km2 of land in the underexplored Arabian

Shield to explore for copper, gold, silver and other metals in support of Saudi Arabia’s

Vision 2030.

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About the Future Minerals Forum

Convened by Saudi Arabia, the Future Minerals Forum (FMF) is a platform designed to

enable the creation of resilient mineral value chains in the vast resource-rich super

region of Africa, Western and Central Asia.

Saudi Arabia has all the right ingredients to become a world-class minerals value chain

hub for the region. Strategically located at the nexus of Asia, Africa and Europe, with

well-developed infrastructure and high domestic demand, the Kingdom has the vision

and commitment to develop its mining sector and offers a well-developed economy with

high levels of growth and security.

Comprising three main components, the Ministerial Roundtable, Conference, and

International Exhibition, the Future Minerals Forum serves as a platform where

government ministers, global mining CEOs and stakeholders from the region and all

over the world can come together and turn talk into action.

The inaugural FMF was held in January 2022, attracting more than 140 senior speakers

from all over the world. In 2023, FMF attracted 249 speakers who delved deeper into the

key issues facing the region and its minerals sector and identified areas for action. For

more information please visit: www.futuremineralsforum.com.

About Ivanhoe Electric

We are a U.S. company that combines advanced mineral exploration technologies with

electric metals exploration projects predominantly located in the United States. We use

our accurate and powerful Typhoon™ geophysical surveying system, together with

advanced data analytics provided by our subsidiary, Computational Geosciences Inc.,

to accelerate and de-risk the mineral exploration process as we seek to discover new

deposits of critical metals that may otherwise be undetectable by traditional exploration

technologies. We believe the United States is significantly underexplored and has the

potential to yield major new discoveries of critical metals. Our mineral exploration

efforts focus on copper as well as other metals including nickel, vanadium, cobalt,

platinum group elements, gold and silver. Through the advancement of our portfolio of

electric metals exploration projects, headlined by the Santa Cruz Copper Project in

Arizona and the Tintic Copper-Gold Project in Utah, as well as other exploration

projects in the United States, we intend to support United States supply chain

independence by finding and delivering the critical metals necessary for the

electrification of the economy. We also operate a 50/50 joint venture with Saudi Arabian

Mining Company Ma’aden to explore for minerals on ~48,500 km2 of underexplored

Arabian Shield in the Kingdom of Saudi Arabia. Website: www.ivanhoeelectric.com.

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Contact Information

Investors: Valerie Kimball, Director, Investor Relations 720-933-1150

Follow us on

Ivanhoe Electric’s Executive Chairman Robert Friedland: @robert_ivanhoe

Ivanhoe Electric: @ivanhoeelectric

Ivanhoe Electric’s investor relations website located at www.ivanhoeelectric.com should be

considered Ivanhoe Electric’s recognized distribution channel for purposes of the Securities

and Exchange Commission’s Regulation FD.