US EditionIvanhoe Mines Posts Record EBITDA, Negative Cash Flow In Q1 2025
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Ivanhoe Mines Posts Record EBITDA, Negative Cash Flow In Q1 2025
Ivanhoe Mines (TSX: IVN) reported first-quarter 2025 earnings that reflect strong top-line growth driven by record copper production at Kamoa-Kakula, yet culminated in a free cash flow shortfall from its flagship joint venture. Kamoa-Kakula generated $973 million in revenue in Q1 2025, marking a 57% increase from $618 million in Q1 2024 and a 14% rise from $851 million in Q4 2024. The joint venture delivered $585 million in EBITDA for the quarte…
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