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Ivanhoe Electric and Saudi Arabian Mining Company Ma'aden signed a definitive agreement to form a 50/50 exploration joint venture in Saudi Arabia. Ma'aden will also make a US$126.5 million strategic investment in Ivanhoe Electric common stock.
“Ivanhoe Electric and Ma'aden Sign Definitive Agreement and Finalize Terms for Exploration Joint Venture and Strategic Investment Transaction Creates Groundbreaking 50/50 Exploration Joint Venture in the Kingdom of Saudi Arabia.”bourse.lavenir.net
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