Ivanhoe Electric is a US-based minerals exploration and development company that discovers and develops copper and critical metal deposits essential for electrification and infrastructure, using proprietary geophysical surveying technology (Typhoon™) and advanced data analytics through its subsidiary Computational Geosciences Inc. to accelerate exploration in underexplored US and international jurisdictions. The company's flagship Santa Cruz copper project in Arizona is transitioning from exploration to development, with plans to produce copper cathode through underground mining and heap leach processing; the company also maintains exploration-stage projects in Utah, Montana, Arizona, and internationally with strategic alliances including BHP Mineral Resources and SQM. Revenue generation is expected to commence from copper cathode production at the Santa Cruz project, while the company also generates or plans to generate technology services revenue from its geophysical data processing software and potential energy storage revenue through its vanadium redox flow battery subsidiary VRB Energy, with current funding sourced from equity capital markets and debt financing.