Ivanhoe Electric copper mine advances

Via Ivanhoe Electric Facebook

(Disclosure: Rose Law Group represents Ivanhoe Electric.)

By Hailey Mensik | Phoenix Business Journal

Arizona is at the heart of the U.S. race to produce more copper domestically, and a planned mine in Casa Grande is clearing hurdles to put it on track for construction to start sometime next year.

Ivanhoe Electric Inc. (NYSE American: IE) recently released a final engineering study for its planned Santa Cruz copper mine in Casa Grande. The underground mine will produce copper cathode, or copper metal created without the need for offsite smelting, “that will be ready for immediate sale to American industry from our mine gate,” according to a statement from the company.

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