Bullboard - Stock Discussion Forum Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Industrial Metals & Minerals

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. The Company is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include The Kamoa-Kakula Copper Complex, The Kipushi Project, The Platreef Project., and The Western Foreland Exploration Project. The Kamoa... see more

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TSX:IVN - Post Discussion

Ivanhoe Mines Ltd > Smelter cost

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Post by looking on Jun 01, 2021 4:14pm

Smelter cost

Smelter cost will be $600. Million and Turbine #5 at Inga II
will provide the power

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Comment by chintzy on Jun 01, 2021 10:17pm

So $240 million cost to IVN or $300 million CAD. When Phase 2 is going at 7.6 Mtpa by say Q1 2023 the co. should be making close to $1 billion CAD annually, using $5 Cu. Pretty easy to pay for a smelter and all future expansions with that kind of bankroll.

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Ivanhoe Mines Ltd