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Southern Gold Limited ( (AU:ION) ) has provided an update.
Iondrive Limited has signed a binding Term Sheet with Livium Limited to commercialize its DES technology in Australia. This collaboration will allow Iondrive to leverage Livium’s recycling network, providing a pathway to scale up its operations across battery, solar, and e-waste markets. The agreement includes the supply and evaluation of various waste streams, with the potential to enhance metal recovery processes and address environmental challenges. This partnership is expected to accelerate Iondrive’s commercial deployment and strengthen its market positioning in the circular economy.
More about Southern Gold Limited
Iondrive Limited is a company focused on developing and commercializing Deep Eutectic Solvent (DES) technology, primarily targeting the recycling of batteries, solar panels, and e-waste. The company aims to provide sustainable solutions for recovering valuable metals, positioning itself within the circular economy for critical and strategic materials in Australia.
YTD Price Performance: 60.0%
Average Trading Volume: 4,349,762
Technical Sentiment Signal: Buy
Current Market Cap: A$57.01M
Find detailed analytics on ION stock on TipRanks’ Stock Analysis page.