Ivanhoe Mines Executive Co-Chair Robert Friedland and President and Chief Executive Officer Marna Cloete are delighted to announce that on November 18, 2025, the President of the Republic of South Africa, Cyril Ramaphosa, officially opened the Platreef platinum-palladium-nickel-rhodium-gold-copper mine. The opening ceremony took place ahead of the 2025 G20 Summit in Johannesburg, South Africa, scheduled from November 22 to 23, 2025.

A delegation of national, provincial, and local dignitaries attended the opening ceremony, led by the President, and including former President and Ivanhoe Mines board member, Kgalema Motlanthe, as well as Dr. Phophi Ramathuba, Premier of Limpopo Province.

The delegation was greeted by board members and senior management from Ivanhoe Mines and Ivanplats, representatives from Ivanplats’ historically disadvantaged, broad-based, black economic empowerment (B-BBEE) partners, and representatives from the Japanese partnership consortium, consisting of ITOCHU Corporation, Japan Oil, Gas and Metals National Corporation (JOGMEC), and Japan Gas Corporation.

President Ramaphosa first unveiled a commemorative plaque and conducted a ribbon-cutting at the concentrator, marking the official opening of the Platreef Mine, before pressing the button to start the concentrator’s operations. This was followed by a ceremony attended by over 2,000 people, including Platreef’s workforce, of which 70% are from local communities and nearly 30% are female.