Ivanhoe Mines to issue 2021 production numbers and 2022 production and cost guidance for Kamoa-Kakula Copper Complex on January 10 KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO– Ivanhoe Mines (TSX: IVN;

January 4, 2022

Ivanhoe Mines to issue 2021 production numbers and 2022

production and cost guidance for Kamoa-Kakula Copper

Complex on January 10

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

OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun announced

that the company plans to issue the 2021 year-end production results, as well as

production and cost guidance for 2022, for the Kamoa-Kakula Copper Complex in

the Democratic Republic of Congo (DRC) on Monday January 10, 2022.

The Kamoa-Kakula Copper Project is a joint venture between Ivanhoe Mines

(39.6%), Zijin Mining Group (39.6%), Crystal River Global Limited (0.8%) and the

Government of the Democratic Republic of Congo (20%). A 2020 independent

audit of Kamoa-Kakula's greenhouse gas intensity metrics performed by Hatch

Ltd. of Mississauga, Canada, confirmed that the project will be among the world's

lowest greenhouse gas emitters per unit of copper produced.

About Ivanhoe Mines

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

principal projects in Southern Africa: the development of major new, mechanized,

underground mines at the Kamoa-Kakula copper discoveries in the Democratic

Republic of Congo and at the Platreef palladium-rhodium-platinum-nickel-copper-

gold discovery in South Africa; and the extensive redevelopment and upgrading

of the historic Kipushi zinc-copper-germanium-silver mine, also in the Democratic

Republic of Congo.

Kamoa-Kakula began producing copper concentrates in May 2021 and, through

phased expansions, is positioned to become one of the world's largest copper

producers. Kamoa-Kakula is being powered by clean, renewable hydro-generated

electricity and is projected to be among the world’s lowest greenhouse gas

emitters per unit of metal produced. Ivanhoe Mines has pledged to achieve net-

zero operational greenhouse gas emissions (Scope 1 and 2) at the Kamoa-Kakula

Copper Mine. Ivanhoe also is exploring for new copper discoveries on its Western

Foreland exploration licences in the Democratic Republic of Congo, near the

Kamoa-Kakula Project.

Information contacts

Investors: Bill Trenaman +1.604.331.9834 / Media: Matthew Keevil +1.604.558.1034