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Southern Gold Limited ( (AU:ION) ) just unveiled an update.
Iondrive Limited has re-released an updated corporate presentation to correct an error in a director’s biography, with no other changes made to the content. This announcement underscores Iondrive’s commitment to transparency and accuracy, potentially reinforcing stakeholder confidence. The company’s focus on expanding its DES technology into new markets could enhance its industry positioning and offer significant opportunities for growth.
More about Southern Gold Limited
Iondrive Limited is a company focused on developing an innovative metal extraction process utilizing Deep Eutectic Solvent (DES) technology. The company’s primary market focus is on battery recycling, where its proprietary method aims to efficiently recover critical metals such as nickel, cobalt, lithium, and manganese from black mass in an environmentally friendly manner. Iondrive’s DES technology operates at lower temperatures, eliminates the need for aggressive acids, and offers selective extraction of individual metals. The company is also exploring commercial opportunities in mineral processing and urban mining of e-waste.
YTD Price Performance: 53.33%
Average Trading Volume: 4,022,121
Technical Sentiment Signal: Buy
Current Market Cap: A$54.63M
For detailed information about ION stock, go to TipRanks’ Stock Analysis page.