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Ivanhoe Mines Ltd : Kamoa-Kakula Phase 1 Concentrator Plant Produced First Copper Concentrate on May 25; Ramp Up Toward Nameplate Capacity of 3 8 Million Tonnes of Ore per Year Progressing Smoothly

First copper concentrates shipped to nearby Lualaba Copper SmelterMining crews deliver 406,000 tonnes of ore grading 5.77% copper in May, including 103,000 tonnes grading 8.58% copper from the centre

Ivanhoe Mines Begins New Era of Commercial Copper Production

Kamoa-Kakula discovery enters production after 24 years of dedicated exploration and development effortsDemocratic Republic of Congo's President Félix Tshisekedi congratulates Ivanhoe for reaching the production milestone at the world-class discoveryPhase 2 concentrator expansion continues ahead of schedule Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce the start of copper .

Biggest copper project in decades begins production

Biggest copper project in decades begins production Members of Kamoa-Kakula’s multinational team of geologists and engineers (Credit: Ivanhoe) Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has begun producing copper concentrate at its Kamoa-Kakula project in the Democratic Republic of the Congo (DRC) months ahead of schedule as the metal continues to trade close to all-time highs. Kakula, the first mine planned at the concession, is initially forecast to generate 3.8 million tonnes of mineralized material a year at an average feed grade “well in excess of 6% copper” over the first five years of operation, the company said. Ivanhoe and partner Zijin Mining said first ore was introduced into the concentrator plant on May 20 to perform initial hot commissioning tests on the ball mills and other processing equipment.

Ivanhoe Mines Ltd : Ivanhoe Mines Begins New Era of Commercial Copper Production

Ivanhoe Mines Ltd.: Ivanhoe Mines Begins New Era of Commercial Copper Production Kamoa-Kakula discovery enters production after 24 years of dedicated exploration and development efforts Democratic Republic of Congo s President Félix Tshisekedi congratulates Ivanhoe for reaching the production milestone at the world-class discovery Phase 2 concentrator expansion continues ahead of schedule Kolwezi, Democratic Republic of Congo (Newsfile Corp. - May 26, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng Miles Sun are pleased to announce the start of copper concentrate production at the Phase 1, 3.8 million-tonne-per-annum (Mtpa) Kamoa-Kakula Mine, on May 25th, several months ahead of schedule. His Excellency Félix Tshisekedi, President of the Democratic Republic of the Congo, commented on the significance of the start of production at Kamoa-Kakula:

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