Ivanhoe Electric's subsidiary, Ivanhoe Atlantic, finalized a transformative agreement granting access to Liberian rail & port infrastructure for exporting iron ore from Guinea's Boffa West project. The arrangement eliminates approximately $1.5 billion in infrastructure capital requirements that would have been necessary for greenfield construction. Executive Chairman Robert Friedland characterized the development as removing the single largest impediment to project advancement. The Boffa West deposit contains an estimated 1.8 billion metric tons of mineralization, potentially supporting annual production of 30 million metric tons once operations commence.