Ivanhoe Electric Inc. is a mineral exploration company with a focus on developing mines from mineral deposits principally located in the United States. Its segments include Santa Cruz Copper Project, critical metals, data processing and energy storage. The Company uses its Typhoon geophysical surveying system, together with advanced data analytics provided by its subsidiary, Computational Geosciences Inc., to accelerate and de-risk the mineral exploration process. Its sole mineral project is the Santa Cruz Project, a copper exploration project situated in a prolific mining region that hosts some of the copper mines in the United States. The project encompasses approximately 6,425 acres of private land and includes associated water rights. Its other mineral projects in the United States include the Tintic Project, located in Utah, and the Hog Heaven Copper-Silver-Gold Project, located in Montana and the Gleeson Copper-Gold Project in Arizona.