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Ivanhoe Electric in Advanced Talks to Sell Copper From Santa Cruz Project

Demand from data centers and power grids is driving interest in copper from the Arizona project.

Desert terrain and distant utility poles under afternoon sunlight / TokenPost.ai
Desert terrain and distant utility poles under afternoon sunlight / TokenPost.ai

Demand from data centers and power grids is helping drive advanced talks between Ivanhoe Electric and prospective buyers of copper from its Santa Cruz Copper Project in Arizona.

Ivanhoe Electric CEO Taylor Melvin described the discussions in an interview. The talks concern sales of copper from the project; no completed sale was announced.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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