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Lithium Australia NL ( (AU:LIT) ) has shared an announcement.
Iondrive Limited has signed a binding Term Sheet with Livium Limited to commercialize its DES technology in Australia. This collaboration will enable Iondrive to access Livium’s recycling network, providing a pathway to scale up its operations across battery, solar, and e-waste markets. The partnership aims to accelerate the commercial deployment of Iondrive’s technology by the end of 2025, positioning both companies as leaders in the circular economy for critical materials in Australia.
More about Lithium Australia NL
Iondrive Limited operates in the recycling industry, focusing on the development and commercialization of its Deep Eutectic Solvent (DES) technology. The company targets the recycling of batteries, solar panels, and e-waste, aiming to provide sustainable solutions for recovering valuable metals.
YTD Price Performance: -25.00%
Average Trading Volume: 4,955,721
Technical Sentiment Signal: Sell
Current Market Cap: A$20.43M
See more insights into LIT stock on TipRanks’ Stock Analysis page.