Construction of the process plant and tailings facility continue to be on schedule, and commissioning of the process plant will begin in the third quarter of this year.
The Chinese miner has received the necessary internal approvals for its subsidiary CITIC Metal Africa to complete its second investment in Ivanhoe Mines.
It will invest again in miners Rio Tinto and Nutrien, as well as in retailer Walmart after their exclusions from the fund's investments on ethical grounds were revoked.