Southern Gold Limited (AU:ION) has released an update.
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Iondrive Limited has partnered with TNO to fast-track the commercialization of its sustainable battery recycling technology in Europe. The non-binding MOU will leverage TNO’s network and expertise to validate and scale up Iondrive’s technology, enhancing the region’s supply chain for critical battery materials. This strategic move aligns with Europe’s push for sustainability under the European Green Deal and the upcoming Batteries Regulation, aiming to meet high recovery levels for essential materials by 2025.
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