tiprankstipranks
Trending News
More News >

Iondrive Expands into E-Waste Urban Mining with DES Technology

Story Highlights
Iondrive Expands into E-Waste Urban Mining with DES Technology

Confident Investing Starts Here:

Southern Gold Limited ( (AU:ION) ) has shared an update.

Iondrive Limited is expanding its proprietary DES platform into the e-waste urban mining market, focusing on recovering high-value materials such as copper, gold, silver, and palladium from printed circuit boards. This initiative is supported by a South Australian Government grant and builds on Iondrive’s existing battery recycling program. The project aims to demonstrate the efficacy of Iondrive’s environmentally friendly, closed-loop DES process in extracting metals from complex feedstocks, while also establishing an intellectual property position in the e-waste sector. The expansion aligns with the global trend of increasing e-waste generation and the need for effective recycling solutions, potentially positioning Iondrive as a leader in sustainable e-waste management.

More about Southern Gold Limited

Iondrive Limited operates in the electronic waste (e-waste) recycling industry, focusing on the recovery of valuable metals from printed circuit boards (PCBs) using its proprietary Deep Eutectic Solvent (DES) platform. The company aims to expand its technology applications beyond battery recycling to include critical mineral recovery, aligning with the growing global demand for sustainable recycling solutions.

YTD Price Performance: -30.0%

Average Trading Volume: 1,084,074

Technical Sentiment Signal: Hold

Current Market Cap: A$24.84M

See more data about ION stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App