Ivanhoe Electric signs $64.7M TBM deal for Santa Cruz Copper Project

Ivanhoe Electric's subsidiary Mesa Cobre Holding Corporation entered into a purchase agreement with Global TBM Company (Robbins) for a tunnel boring machine valued at $64.7 million for the Santa Cruz Copper Project. Commissioning is targeted by July 30, 2027.

“Mesa Cobre will pay Robbins a total of $64,710,043, including a previously paid $1,100,000 deposit.”stocktitan.net

• 1 source
• stocktitan.netIvanhoe Electric signs $64.7M TBM deal for Santa Cruz | IE 8-K FilingMay 29, 2026

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