Ivanhoe Mines Ltd.

Copper Ore Grading 8% Currently Being Mined and Stockpiled at the Kakula Mine, with Underground Development Approximately 4.4 Kilometres Ahead of Schedule

Management and Corporate Optimization Targets Company-wide Cash Savings of up to US$75 Million to Strengthen Its Treasury of Approximately US$600 Million

Ivanhoe Mines Implements Extraordinary Measures to Safeguard Its People and Mitigate the Impact of COVID-19 on Its Mine Development Operations

Ivanhoe Mines Files an Updated NI 43-101 Technical Report for the Kamoa-Kakula Copper Project

Company Veteran Marna Cloete Promoted to the Role of President of Ivanhoe Mines

Ivanhoe Mines Issues 2019 Full-Year Results and Review of Mine Construction Progress and Exploration Activities