US copper group Ivanhoe Electric raises $170mn in IPO

Financial Times LogoFinancial Times1 mo ago

US copper group Ivanhoe Electric raises $170mn in IPO

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In afternoon trading in New York on Tuesday the shares were down 4.2 per cent at $11.25, putting a value on the miner over just over $1bn.

The company also said it has developed a cutting edge geophysical surveying technology with a greater range than traditional systems to unlock new mineral deposits.

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Article Details

Author / Journalist: Neil Hume

Category: MarketsFinanceInvesting

Topics: Metals Copper Biggest Ivanhoe Friedland Shares Deposits Company Cent Electric Financial

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-28, 17:15:26

News Timezone: GMT -5:00

News Source URL:

Language: English

Reading Time: 4 minutes read

Article Length: 546 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 18948

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About Financial Times

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Update Frequency: 15 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 13h ago

Coverage Areas: United States

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