Ivanhoe Mines Lands $500 Million Investment from Qatar Investment Authority
Qatar’s Sovereign Wealth Fund Backs Ivanhoe Mines with a US$500 Million Deal to Secure Critical Minerals Future

Ivanhoe Mines has announced a game-changing US$500 million private placement from the Qatar Investment Authority (QIA), positioning the Canadian miner at the heart of the global race for critical minerals. The agreement, unveiled in Doha on September 17, 2025, reflects QIA’s confidence in Ivanhoe’s tier-one assets and long-term vision to supply the metals essential for electrification, advanced technology, and energy transition.
The transaction will see Ivanhoe issue over 57.5 million common shares at C$12 per share. Upon closing, QIA will hold approximately 4 percent of the company’s outstanding stock, solidifying itself as a significant new shareholder alongside other major strategic partners like CITIC Metal and Zijin Mining.
Strategic Alignment Between Ivanhoe and QIA
Robert Friedland, Ivanhoe Mines’ legendary executive co-chair, described the deal as a “powerful endorsement” of the company’s ambitions. For Friedland, who has long championed the role of copper, platinum, and other critical minerals in building the infrastructure of the future, QIA’s investment offers more than capital. It signals alignment between two global players committed to long-term, sustainable prosperity.
Friedland emphasized that this partnership comes at a pivotal moment. The world’s shift toward electrification, artificial intelligence, and large-scale data centers requires an unprecedented amount of metals, from copper to platinum group elements. With QIA’s backing, Ivanhoe gains not only financial strength but also geopolitical leverage to expand its global footprint.
