Ivanhoe Mines and Qatar Investment Authority (QIA) Announce Memorandum of Understanding (MOU) to Further Exploration, Development and Mining of Critical Minerals
Ivanhoe Mines (OTCQX: IVPAF) and Qatar Investment Authority (QIA) signed a memorandum of understanding on November 21, 2025 to collaborate on exploration, development and mining of critical minerals.
The MoU follows QIA's US$500 million strategic investment in Ivanhoe announced on September 29, 2025 and frames cooperation on the Western Forelands exploration project in DRC (including Makoko), access to preferential financing, potential strategic M&A, infrastructure support and downstream smelting or refining development.
Ivanhoe Mines (OTCQX: IVPAF) e Qatar Investment Authority (QIA) hanno firmato un memorandum d'intesa il 21 novembre 2025 per collaborare nell'esplorazione, nello sviluppo e nell'estrazione di minerali critici.
Il MoU segue l'investimento strategico di 500 milioni di dollari statunitensi da parte di QIA annunciato il 29 settembre 2025 e inquadra la cooperazione sul progetto di esplorazione Western Forelands nella RDC (incluso Makoko), l'accesso a finanziamenti preferenziali, potenziali fusioni e acquisizioni strategiche, supporto infrastrutturale e lo sviluppo a valle della fusione o raffinazione.
Ivanhoe Mines (OTCQX: IVPAF) y Qatar Investment Authority (QIA) firmaron un memorando de entendimiento el 21 de noviembre de 2025 para colaborar en la exploración, el desarrollo y la extracción de minerales críticos.
El MoU sigue a la inversión estratégica de 500 millones de dólares estadounidenses de QIA anunciada el 29 de septiembre de 2025 y enmarca la cooperación en el proyecto de exploración Western Forelands en la RDC (incluido Makoko), el acceso a financiamiento preferencial, posibles fusiones y adquisiciones estratégicas, apoyo a la infraestructura y el desarrollo downstream de la fundición o refinación.
아이왼 미네스(Ivanhoe Mines, OTCQX: IVPAF)와 카타르 투자청(QIA)은 2025년 11월 21일에 자원 핵심 광물의 탐사, 개발 및 채굴에 협력하기 위한 양해각서를 체결했다.
해당 양해각서는 QIA의 5억 달러의 전략적 투자가 2025년 9월 29일에 발표된 뒤의 것으로, DR Congo의 Western Forelands 탐사 프로젝트( Makoko 포함) 협력, 차별적 금융 접근, 잠재적 전략적 M&A, 인프라 지원, 그리고 후속 선광/정제 개발에 대한 협력을 규정한다.
Ivanhoe Mines (OTCQX: IVPAF) et Qatar Investment Authority (QIA) ont signé un protocole d'accord le 21 novembre 2025 afin de collaborer sur l'exploration, le développement et l'exploitation de minéraux critiques.
Le MoU fait suite à l'investissement stratégique de 500 millions de dollars américains par QIA annoncé le 29 septembre 2025 et encadre la coopération sur le projet d'exploration Western Forelands en RDC (y compris Makoko), l'accès à un financement préférentiel, d'éventuelles opérations stratégiques de fusion et acquisition (M&A), le soutien infrastructurel et le développement en aval de la fusion ou du raffinage.
Ivanhoe Mines (OTCQX: IVPAF) und Qatar Investment Authority (QIA) haben am 21. November 2025 eine Absichtserklärung unterzeichnet, um bei der Exploration, Entwicklung und dem Abbau kritischer Mineralien zusammenzuarbeiten.
Das MoU folgt auf die US$500 Millionen strategische Investition von QIA, die am 29. September 2025 bekannt gegeben wurde, und rahmt die Zusammenarbeit am Explorationsprojekt Western Forelands in der DR Kongo (einschließlich Makoko), den Zugang zu bevorzugten Finanzierungen, mögliche strategische Fusionen und Akquisitionen, infrastrukturelle Unterstützung und die Weiterentwicklung der Downstream-Schmelze oder -Veredlung ein.
Ivanhoe Mines (OTCQX: IVPAF) وQatar Investment Authority (QIA) وقعا على مذكرة تفاهم في 21 نوفمبر 2025 للتعاون في استكشاف المعادن الحرجة وتطويرها واستخراجها.
وتأتي هذه المذكرة في أعقاب استثمار استراتيجي بقيمة 500 مليون دولار أمريكي من QIA أعلن في 29 سبتمبر 2025 وهي تحدد التعاون في مشروع استكشاف Western Forelands في جمهورية الكونغو الديمقراطية (بما في ذلك Makoko)، والوصول إلى تمويل تفضيلي، والاندماج والاستحواذات الاستراتيجية المحتملة، ودعم البنية التحتية وتطوير التصنيع أو التكرير في مرحلة لاحقة.
- US$500 million strategic investment from QIA (announced Sept 29, 2025)
- MoU frames collaboration on Western Forelands exploration including Makoko district
- Potential access to QIA network for preferential financing of critical-minerals projects
- MoU is a framework for collaboration and does not itself commit binding project financing or production timelines
MoU signed as His Highness Sheikh Tamim bin Hamad Al-Thani, Amir of Qatar visits Kinshasa, DRC to meet with His Excellency Félix Tshisekedi, President of the DRC
Kinshasa, Democratic Republic of the Congo--(Newsfile Corp. - November 21, 2025) - Ivanhoe Mines' (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President and Chief Executive Officer Marna Cloete announce today the signing of a memorandum of understanding (MoU) between Ivanhoe Mines and Qatar Investment Authority (QIA). This follows QIA's US
The signing of the MoU coincided with this week's visit by His Highness The Amir of Qatar, Sheikh Tamim bin Hamad Al-Thani to the Democratic Republic of the Congo (DRC), where he met with His Excellency Félix Tshisekedi, President of the DRC, to discuss friendly bilateral relations between the two countries.
The MoU between QIA and Ivanhoe Mines sets out a framework for collaboration to support Ivanhoe's efforts to find, develop, and sustainably supply the critical minerals essential to the global energy transition and the development of advanced technologies.
Ivanhoe Mines Executive Co-Chair, Robert Friedland, commented: "The signing of the MoU, together with the strategic investment by the Qatar Investment Authority, is a strong vote of confidence in Ivanhoe Mines' and our mission to supply the strategic metals that power global electrification and the rise of AI and large-scale datacentres. We are excited to build this long-term, world-class alliance as we unlock new frontiers in our hunt for the next generation of great discoveries, which we will sustainably mine together."
QIA CEO, Mohammed Saif Al-Sowaidi, commented: "This MoU is a testament of QIA's commitment to building strategic partnerships with leading suppliers of critical minerals, supporting global efforts to develop new energy infrastructure and power advanced technologies. We are delighted to be working with Ivanhoe Mines and look forward to further growing our partnership, aimed at generating long-term, sustainable prosperity."
MoU sets framework for collaboration on further exploration, development and mining of critical minerals
As part of the MoU, QIA notes its support of Ivanhoe Mines management team in its pursuit of existing and new growth projects, such as exploration work underway to develop the world-class Western Forelands exploration project in DRC, including the Makoko District.
Ivanhoe Mines and QIA also intend to collaborate in good faith to identify and explore future partnerships and opportunities to work together in geographical areas of interest on mining projects at all phases of development. This may include collaboration in terms of investment or financing of such projects.
Furthermore, Ivanhoe and QIA may collaborate in terms of (i) using QIA's extensive network to provide access to financial institutions for preferential financing of critical minerals projects in Africa and elsewhere; (ii) collaboration on potential future strategic M&A; (iii) collaboration on potential infrastructure related to critical minerals projects, including logistics, power and water; and (iv) working together on development of downstream smelting or refining capacity for critical minerals.
About Ivanhoe Mines
Ivanhoe Mines is a Canadian mining company focused on advancing its three principal operations in Southern Africa; the Kamoa-Kakula Copper Complex in the DRC, the ultra-high-grade Kipushi zinc-copper-germanium-silver mine, also in the DRC; and the tier-one Platreef platinum-palladium-nickel-rhodium-gold-copper mine in South Africa.
Ivanhoe Mines is exploring for copper in its highly prospective, 54
Follow Robert Friedland (@robert_ivanhoe) and Ivanhoe Mines (@IvanhoeMines_) on X.
Information contact
Investors
Vancouver: Matthew Keevil +1.604.558.1034
London: Tommy Horton +44 7866 913 207
Media
Tanya Todd +1.604.331.9834
About Qatar Investment Authority
Qatar Investment Authority (QIA) is the sovereign wealth fund of the State of Qatar. QIA was founded in 2005 to invest and manage the state reserve funds. QIA is among the largest and most active sovereign wealth funds globally. QIA invests across a wide range of asset classes and regions, as well as in partnership with leading institutions around the world, to build a global and diversified investment portfolio with a long-term perspective that can deliver sustainable returns and contribute to the prosperity of the State of Qatar.
Media Contact: media@qia.qa
Forward-looking statements
Certain statements in this news release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws. Such statements and information involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of the company, its projects, or industry results to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified using words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events, or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the company's current expectations regarding future events, performance, and results and speak only as of the date of this news release.
Such statements include, without limitation: (i) statements regarding Ivanhoe Mines and QIA intend to collaborate in good faith to identify and explore future partnerships and opportunities to work together in geographical areas of interest on mining projects at all phases of development, and; (ii) statements regarding, Ivanhoe and QIA may collaborate for preferential financing of critical minerals projects in Africa and elsewhere, potential future strategic M&A, potential infrastructure related to critical minerals projects, including logistics, power and water, and downstream smelting or refining capacity for critical minerals.
Forward-looking statements and information involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indicators of whether such results will be achieved. Many factors could cause actual results to differ materially from the results discussed in the forward-looking statements or information, including, but not limited to, the ability of the parties to satisfy closing conditions of the Investment and the factors discussed above and under the "Risk Factors" section in the company's MD&A for the three and nine months ended September 30, 2025, and its current annual information form, and elsewhere in this news release, as well as unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations.
Although the forward-looking statements contained in this news release are based upon what management of the company believes are reasonable assumptions, the company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.
The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of the factors outlined in the "Risk Factors" section in the company's MD&A for the three and nine months ended September 30, 2025, and its current annual information form.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275452
FAQ
What did Ivanhoe Mines (IVPAF) and QIA announce on November 21, 2025?
How much did QIA invest in Ivanhoe Mines (IVPAF) earlier in 2025?
Which Ivanhoe project is specifically mentioned in the MoU with QIA?
Will the MoU provide direct financing to Ivanhoe Mines (IVPAF)?
What types of collaboration does the Ivanhoe–QIA MoU cover for IVPAF projects?
How might the QIA relationship affect Ivanhoe Mines (IVPAF) shareholders?
