Ivanhoe Atlantic signs MoU with Mari and opens office in Pakistan
Ivanhoe Atlantic has signed a memorandum of understanding with Mari and is setting up a local office in Pakistan, according to the chairman of its largest shareholder.
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what happened
Ivanhoe Atlantic has signed a memorandum of understanding with Mari, Reuters reported, citing the chairman of the company's largest shareholder. He said the two sides are forming an equal partnership and that Ivanhoe Atlantic is setting up a local office in Pakistan.
He stressed that the work is at an early stage and added that another MoU is due to be signed the following day.
why it matters
The memorandum is preliminary, and no financial terms, project volumes or timelines were disclosed. For investors this is mainly a signal of expansion into Pakistan, and such news usually has limited market impact until concrete deal parameters emerge.
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sources
- Ivanhoe Atlantic Signs MoU With Mari, Chairman Of Ivanhoe Atlantic's Largest Shareholder Says (Nov 12) — Reuters, 13 November 2026 at 05:35 UTC
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