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Mike Patterson Joins Ivanhoe Electric as Vice President, Investor Relations and Business Development

Management Changes

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August 20, 2024

Mike Patterson Joins Ivanhoe Electric as

Vice President, Investor Relations and Business Development

PHOENIX, ARIZONA – Ivanhoe Electric (NYSE American: IE; TSX: IE) President and Chief

Executive Officer Taylor Melvin is pleased to announce that Mike Patterson j oined the

Company as the Vice President of Investor Relations and Business Development,

effective August 19, 2024. Mike will be a key leader of the Company’s investor relations

function and the communications and business development teams in support of the

Company’s strategic growth initiatives. He will be based at the corporate office in Tempe,

Arizona.

Mike is a seasoned professional who combines a technical background in mining

engineering and operations with extensive financial experience in the natural resources

sector. After graduating from the Colorado School of Mines with a Bachelor of Science

in Mining Engineering, Mike began his career as a mining engineer where he worked for

Luminant and Rio Tinto. He then transitioned into the financial sector, where he spent

eight years with Denver -based private equity firm Resource Capital Funds. Mike also

served recently as Business Development Manager at KoBold Metals.

Mr. Melvin commented: "We are excited to welcome Mike Patterson to Ivanhoe Electric.

Mike has a strong combination of technical and financial experience in the mining sector

that will be a valuable asset to our team. Mike’s leadership will be instrumental as we

continue to expand and improve our investor relations activities and execute our growth

initiatives. I look forward to working with Mike."

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 TyphoonTM 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,

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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.

Contact Information

Ivanhoe Electric:

Email: [email protected]

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.