IE - New Mining Alliance Targets Copper Exploration In Arizona New Mexico And Utah | Benzinga
Mining leader BHP (NYSE:BHP) has partnered with Ivanhoe Electric (NYSE:IE, )) to explore copper and other critical minerals in the United States.
The collaboration aims to find new sources of critical minerals, vital for the energy transition and the electrification revolution. The partnership involves forming 50/50 joint ventures in selected areas, focusing on copper exploration in key mineral-rich states.
“We see today's announcement as the first step in what we expect to be a long and successful partnership between Ivanhoe Electric and BHP,” noted Ivanhoe Electric CEO Taylor Melvin.
“BHP and Ivanhoe Electric have a common goal to find new sources of the critical minerals necessary to meet growing demand associated with the energy transition and the ...