Maaden acquires 9.9% stake in Ivanhoe
It also completes conditions for a joint venture.
Saudi firm signs pact to explore minerals in area the size of Denmark
Under the agreement, Saudi Arabian Mining Company (Ma'aden) will buy 9.9% shares of Ivanhoe Electric and use Ivanhoe's Typhoon surveying technology to explore an area of over 48,500 sq km of licensed sites in the kingdom for minerals.
