Southern Gold Limited (AU:ION) has released an update.
Iondrive Limited is advancing its exclusive deep-eutectic solvent (DES) battery recycling technology with accelerated Pre-Feasibility Study (PFS) activities, following a successful capital raise. The company has showcased promising results from initial large-scale trials and is poised to complete the PFS by October 2024, which will solidify its position in the sustainable battery recycling market, amid supportive government policies in the EU, US, and Australia. Iondrive’s focus on economic viability and environmental benefits aligns with the growing urgency for sustainable recycling solutions.
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