Mining magnate Robert Friedland’s company is moving its head office from Vancouver to Arizona, new CEO Taylor Melvin said. (Bloomberg)

Talking point: With Phoenix-based Melvin leading Ivanhoe, Vancouver will lose a tie to the company less than six months after its US$169 million initial public offering. The move comes as Canada tries to establish itself as a critical-mineral supplier to big markets like the U.S., which is also trying to build its own domestic electric-vehicle supply chain under its new Inflation Reduction Act programs. Ivanhoe has focused on U.S. copper deposits, a battery technology subdivision and proprietary surveying technology.