Ivanhoe Mines announced that the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC) produced a record 103,947 tonnes of copper in concentrate during the third quarter of 2023. Such statements include, without limitation: (i) statements that the 2023 annual production guidance for Kamoa-Kakula is maintained at between 390,000 to 430,000 tonnes of copper in concentrate; (ii) statements that on-site backup-power generation capacity at Kamoa-Kakula will increase via a phased roll-out and that the delivery of a further 32 MW in back-up generation capacity, sufficient to power Kamoa-Kakula's entire Phase 1 and 2 operations in the event of grid disruptions, will commence later this year; (iii) statements that a total of 200 MW of back-up generation capacity is expected to be installed by the end of 2024, in time for the completion of the Phase 3 concentrator and smelter that are currently under construction and scheduled for production for the fourth quarter of 2024; (iv) statements that discussions are advancing to secure up to 100 MW of additional power via the Zambian grid interconnector, the initial phase of which is expected to ready in the third quarter; (viii) statements that Kamoa- Kakula's Phase 3 concentrator plant expansion will boost annual throughput to approximately 14.2 Mtpa by fourth quarter of 2024, and that such expansion is expected to mark the commencement of major cash flow and profit for the company; (vi) statements that the new Kamoa 1 underground mine will provide initial ore for the Phase 3 concentrator plant and smelter; (vii) statements that Phase 3 expansion includes construction of Africa's largest direct-to-blister flash smelter, which will be the largest in Africa and one of the largest in the world, and that is well on schedule for first production in the fourth quarter of 2024 and will have a capacity of 500,000 tonnes of copper per annum; (viii) statement that underground mining activities are expected to commence at Kamoa 1 in late 2023 and Kamoa 2 in 2025, that both new underground mines will use the same mechanized mining methods employed at the current Kakula mine and that the Phase 3 concentrator will use the same, upscaled process design as that used by the Phase 1 and 2 concentrators; (xv) statements that the secondary mill feed chute for the ball mill equipment is expected in the fourth quarter of 2023; (x) statements that the smelter is designed to utilize direct-to-blister Flash smelting technology supplied by Metso Outotec of Espoo, Finland, and to meet the IFC emissions standards (xi) statements that the number of construction workers working at the smelter site is expected to peak at 3,000 in December this year; (xii); (xiii) statements that Kamoa -Kakula's Phase 3 expansion includes the refurbishment of turbine #5 at the Inga 2 hydroelectric power station, that the turbine will supply an additional megawatts of clean hydroelectric power to the national grid, which is sufficient to meet the power requirements of the Phase 3 concentrator, the DBF flash smelter, as well as provide spare capacity for future expansions; (xiv) statements that the 99.7% pure blister anode copper produced from Kamoa-Kakula' smelter is expected to be one of the lowest carbon dioxide emitters in the world per tonne of copper produced; (xv) statements That the smelter will have a processing capacity of approximately 1.2 million tonnes per annum of dry concentrate feed and is designed to run on a blend of concentrate produced from the Kakula (Phase 1 and 2) and Kamoa (Phase 3 and future Phase 4) concentrators; (xvi) statements that Kamoa-Kakula (Phase 3 and future Phase 4) concentrators.