Ivanhoe Electric turns to Arizona for new headquarters copper mining USA Canada
The minerals explorer has opted to trade its Vancouver head office location for a southern US base in Arizona, according to its new Phoenix-based CEO “We’re in the process of establishing our headquarters in Phoenix or in the Phoenix area,” Melvin said Wednesday in an interview. “That’s a near-term priority.”
Ivanhoe Electric described itself as an “United States domiciled” company with its corporate headquarters in Canada in regulatory filings tied to its initial public offering. The firm raised $169-million in its June IPO, with shares listed in both New York and Toronto. The stock has risen 5.8% since going public.
Vancouver has been home to several of Friedland’s ventures, including Ivanhoe Mines, Ivanhoe Energy, Diamond Fields Resources and High Power Exploration. Friedland is executive chairman of Ivanhoe Electric. Melvin became CEO last month.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ivanhoe Electric ditches Vancouver for new Arizona headquartersThe minerals explorer has opted to trade its Vancouver head office location for a southern U.S. base in Arizona
Read more »
Suspect shot worker at Amazon hub in Arizona, then is shot dead: policeCHANDLER, Ariz. (AP) — A person with a gun shot and wounded a contract worker outside an Amazon delivery station in Arizona before another contract worker who…
Read more »
City pursues low-interest loan, grants for electric bus fleetThe city hopes to borrow up to $168 million from the federal government’s Canada Infrastructure Bank
Read more »
City pursues low-interest loan, grants for electric bus fleetThe city hopes to borrow up to $168 million from the federal government’s Canada Infrastructure Bank
Read more »
Province announces $19M in electric vehicle development fundsCapital will go toward seven sites across Ontario, including one in the North
Read more »
Canada's Lion Electric looks to raise US$50 million from stock offeringThe Montreal company said the stock offering will help fund an expansion that will focus on factories in Joliet, Ill., and Mirabel, Quebec. Lion Electric manufactures electric buses and medium-size urban cargo trucks.
Read more »