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The latest announcement is out from Southern Gold Limited ( (AU:ION) ).
Iondrive Limited has announced a Board-led leadership reshuffle as it moves from technology development into execution, scale-up and commercial deployment of its IONSolv™ critical minerals processing platform, including battery recycling and other applications. Commercial Director Lewis Utting has been appointed Chief Executive Officer for an initial six-month period to drive modular deployment, strategic partnerships and market entry, while outgoing CEO Dr Ebbe Dommisse will concentrate on project delivery and operational scale-up during a three-month transition before continuing to support the company as needed; the Board has also strengthened its technical and commercialisation expertise at the Board level, signalling a concerted push to capitalise on near-term commercial opportunities as the Australian pilot plant begins commissioning.
The most recent analyst rating on (AU:ION) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Southern Gold Limited stock, see the AU:ION Stock Forecast page.
More about Southern Gold Limited
Iondrive Limited is an ASX-listed company focused on secure and sustainable critical minerals processing solutions, targeting applications such as battery recycling, e-waste and solar infrastructure through its proprietary IONSolv™ platform. The company is progressing from technology development to execution and commercial deployment, supported by an Australian pilot plant now entering early-stage commissioning.
YTD Price Performance: 4.65%
Average Trading Volume: 2,802,749
Technical Sentiment Signal: Buy
Current Market Cap: A$57.07M
See more insights into ION stock on TipRanks’ Stock Analysis page.