TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Southern Gold Limited ( (AU:ION) ) has shared an announcement.
Iondrive Limited announced the successful passing of all resolutions at its Annual General Meeting, including the adoption of the Remuneration Report, re-election of directors, approval of an Employee Incentive Plan, and a 10% Placement Capacity. This outcome reflects strong shareholder support and positions the company to continue its strategic initiatives in metal extraction and recycling, potentially enhancing its market presence and stakeholder value.
More about Southern Gold Limited
Iondrive Limited is a company focused on developing an innovative metal extraction process using Deep Eutectic Solvent technology. The company’s primary business case is centered on battery recycling, where its proprietary method efficiently recovers critical metals such as nickel, cobalt, lithium, and manganese from black mass. Iondrive’s technology operates at lower temperatures, eliminates the need for aggressive acids, and offers a tuneable chemistry for selective metal extraction. The company is also exploring commercial opportunities in mineral processing and urban mining of e-waste.
YTD Price Performance: 50.0%
Average Trading Volume: 3,241,001
Technical Sentiment Signal: Buy
Current Market Cap: A$53.58M
See more data about ION stock on TipRanks’ Stock Analysis page.