Ivanhoe Australia is an ASX listed company (ASX: IVA) with Vancouver based Ivanhoe Mines Limited, owning approximately 59 percent of the issued capital. Ivanhoe Mines Limited is listed on the Toronto, NY and NASDAQ exchanges. It has a market capitalisation as at June 2010 of CDN$5.2 billion.

Ivanhoe Australia will continue to leverage the support, knowledge and extensive relationship network of its parent, Ivanhoe Mines.

Importantly, Ivanhoe Mines and Ivanhoe Australia share a common philosophy and approach to minerals exploration and development. For Ivanhoe Australia this will involve the pursuit of extensive, well funded, deep drilling exploration programs to identify economic resources that can be brought quickly to feasibility and development stage.