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Southern Gold Limited ( (AU:ION) ) has shared an update.
Iondrive has reported initial bench-scale laboratory results showing its IONSolv™ metal extraction platform can achieve more than 85% silver extraction efficiency under controlled conditions, providing a strong technical baseline to advance its solar panel recycling initiative. Building on these early findings, the company is moving to the next phase of work with partner Livium Ltd, applying IONSolv™ to mechanically prepared end-of-life solar panel feedstock to optimise recovery of silver and polysilicon, undertake preliminary techno-economic assessments and evaluate scalability, positioning Iondrive to address Australia’s rapidly growing solar waste stream and the current lack of effective recovery pathways for high-value photovoltaic materials.
The most recent analyst rating on (AU:ION) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Southern Gold Limited stock, see the AU:ION Stock Forecast page.
More about Southern Gold Limited
Iondrive Limited is an Australian technology company focused on critical minerals processing and recycling solutions. Through its proprietary IONSolv™ metal extraction platform and strategic partnerships, the company targets high-value materials recovery from sectors such as photovoltaic solar panels, aligning with the growing need for circular economy approaches in the clean energy supply chain.
YTD Price Performance: 16.28%
Average Trading Volume: 1,978,259
Technical Sentiment Signal: Buy
Current Market Cap: A$63.98M
For an in-depth examination of ION stock, go to TipRanks’ Overview page.