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Southern Gold Limited ( (AU:ION) ) just unveiled an update.
Iondrive Limited has presented its CEO’s presentation at the 2025 Annual General Meeting, highlighting its innovative approach to metal extraction using Deep Eutectic Solvent technology. This advancement positions the company to potentially transform the battery recycling industry by offering a more sustainable and efficient method of recovering critical metals, with implications for expanding into other markets like mineral processing and urban mining.
More about Southern Gold Limited
Iondrive Limited is focused on developing an innovative metal extraction process using Deep Eutectic Solvent technology. The company’s primary business case is in battery recycling, where its proprietary method aims to efficiently recover critical metals such as nickel, cobalt, lithium, and manganese. The process is environmentally friendly, operating at lower temperatures and without aggressive acids, and is also being explored for applications 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 insights into ION stock on TipRanks’ Stock Analysis page.