Ivanhoe Electric Inc.
Close on Oct 19, 2026
- Market cap
- $1.39B
- P/E (TTM)
- 11.1
- Dividend yield
- –
About Ivanhoe Electric
Metal Mining, SIC 1000
Ivanhoe Electric Inc. is a mineral exploration and development enterprise dedicated to finding and developing copper and critical metal deposits. The firm applies its proprietary Typhoon geophysical surveying equipment and machine learning data analysis provided by subsidiary Computational Geosciences Inc. to identify deep subsurface mineralization. Its operations center on mineral exploration, pre-development engineering, and energy storage technologies through its interest in VRB Energy. Mineral assets are advanced in collaboration with major mining partners and joint ventures, including alliances with BHP in the United States, Maaden in Saudi Arabia, and SQM in Chile.
The business operates a development-stage property at the Santa Cruz Copper Project in Arizona, alongside multiple exploration sites across Utah, Montana, Nevada, and New Mexico. Globally, its footprint extends across Saudi Arabia, Chile, Colombia, Peru, and Ivory Coast. The provided annual report text does not state the city or country of the company's corporate headquarters.
Summary of the business section of Ivanhoe Electric's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Ivanhoe Electric Inc.
- Headquarters
- Tempe, AZ
- Address
- 450 E Rio Salado Parkway, Suite 130 85281
- Phone
- (520) 610-4784
- Employees
- 286, Dec 31, 2025
- Industry
- Metal Mining
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Deloitte LLP, Vancouver, Canada
Stock & identifiers
- Ticker
- IE
- Exchange
- NYSE
- IPO date
- Jun 29, 2022
- Shares outstanding
- 160M, Aug 7, 2026
- Public float
- $1.00B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1879016
- CUSIP
- 46578C108
- ISIN
- US46578C1080
- LEI
- 529900CQSYGI54GDUR52
- EIN
- 32-0633823
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Robert M. Friedland | Executive Chairman, Director | 12,719,406 |
| Joseph Taylor Melvin | President and CEO, Director | 626,110 |
| Michelle Marie Lammers | Chief Operating Officer | – |
| Alexander William Neufeld | SVP, Exploration | 60,939 |
| Cassandra Pulskamp Joseph | Gen. Counsel / Corp. Secretary | 48,706 |
| Graham Richard Thomas Boyd | Senior VP, Exploration | 198,591 |
| Glen Nickolas Kuntz | SVP, Mine Development | 32,768 |
| Jordan Neeser | Chief Financial Officer | 84,247 |
| Quentin Markin | See Remarks | 828,908 |
| Stephani Terhorst | Vice President Human Resources | 24,804 |
| Mark Andrew Stuart Gibson | Chief Geophysics Officer | 313,714 |
| Margerie Victoire de | Director | 37,629 |
| Russell David Ball | Director | 37,629 |
| Patrick Loftus-Hills | Director | 31,968 |
| Sofia Bianchi | Director | 36,068 |
| Hirofumi Katase | Director | 9,344,644 |
| Ronald J. Vance | Director | 30,553 |
| Priya Patil | Director | 39,601 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr Friedland | $0 | $0 | $1.63M | $184 | $191 |
| FY2025 Mr Melvin | $2.18M | $6.06M | $1.63M | $184 | $191 |
| FY2024 Mr Friedland | $0 | $0 | $1.49M | $87 | $100 |
| FY2024 Mr Melvin | $2.00M | $71.04K | $1.49M | $87 | $100 |
| FY2023 Mr Friedland | $0 | $0 | $7.03M | $116 | $116 |
| FY2023 Mr Melvin | $971.88K | -$1.09M | $7.03M | $116 | $116 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, Ivanhoe Electric and its subsidiaries had 286 full time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Aug 13, 2024 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 24, 2023 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 29, 2022 | IPO | Initial public offering priced (424B4 prospectus) |
| Jun 27, 2022 | Listing | Registration of securities on an exchange (Form 8-A) |