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Ivanhoe Mines responds to media reports on trucking strike in the Democratic Republic of Congo

Company Commentary

November 10, 2023

Ivanhoe Mines responds to media reports on trucking strike in the

Democratic Republic of Congo

KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Ivanhoe Mines (TSX: IVN; OTCQX:

IVPAF) is responding today to media reports pertaining to the status of trucking

shipments in the Democratic Republic of Congo (DRC) in relation to a third-party labour

dispute.

Operations at the Kamoa-Kakula Copper Complex have continued as normal, and as of

November 9, major shipments took place from the mine gate, with further shipments

taking place today and onwards. Ivanhoe Mines’ management is working proactively

with the DRC government and local authorities to mitigate any potential interim effects

on outbound shipping, but does not anticipate any material impact on Kamoa-Kakula's

operations.

About Ivanhoe Mines

Ivanhoe Mines is a Canadian mining company focused on advancing its three principal

projects in Southern Africa; the expansion of the Kamoa-Kakula Copper Complex in the

DRC, the construction of the tier-one Platreef palladium-rhodium-platinum-nickel-

copper-gold project in South Africa; and the restart of the historic ultra-high-grade

Kipushi zinc-copper-germanium-silver mine, also in the DRC.

Ivanhoe Mines is also exploring for new copper discoveries across its circa 2,400km2 of

80-100% owned exploration licences in the Western Foreland, which are located

adjacent to, or in close proximity to, the Kamoa-Kakula Copper Complex in the DRC.

Information contacts

Investors

Vancouver: Matthew Keevil +1.604. 558.1034 London: Tommy Horton +44 7866 913 207

Forward-looking statements

Certain statements in this news release constitute “forward-looking statements” or “forward-looking

information” within the meaning of applicable securities laws. Such statements and information involve

known and unknown risks, uncertainties and other factors that may cause the actual results,

performance or achievements of the company, its projects, or industry results, to be materially different

from any future results, performance or achievements expressed or implied by such forward-looking

statements or information. Such statements can be identified using words such as “may”, “would”,

“could”, “will”, “intend”, “expect”, “believe”, “plan”, “anticipate”, “estimate”, “scheduled”, “forecast”,

“predict” and other similar terminology, or state that certain actions, events, or results “may”, “could”,

“would”, “might” or “will” be taken, occur or be achieved. These statements reflect the company’s

current expectations regarding future events, performance and results and speak only as of the date of

this news release.

Such statements include without limitation, the timing and results of: (i) Ivanhoe Mines’ management is

working proactively with the DRC government and local authorities to mitigate any potential interim

effects on outbound shipping, but does not anticipate any material impact on Kamoa-Kakula's

operations.