Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Southern Gold Limited ( (AU:ION) ) has shared an update.
Iondrive Limited has released an updated corporate presentation highlighting its advancements in metal extraction technology using Deep Eutectic Solvent (DES). The company’s focus on battery recycling through a closed-loop process positions it as a leader in sustainable metal recovery. The technology’s ability to operate at lower temperatures and avoid aggressive acids marks a significant improvement over traditional methods. This development is expected to enhance Iondrive’s market positioning and potentially open new commercial opportunities in other sectors.
More about Southern Gold Limited
Iondrive Limited is a company specializing in the development of an innovative metal extraction process using Deep Eutectic Solvent technology. The company’s primary focus is on battery recycling, where its proprietary method aims to efficiently recover critical metals such as nickel, cobalt, lithium, and manganese in an environmentally friendly manner. Iondrive is also exploring opportunities to expand its technology into mineral processing and urban mining of electronic waste.
YTD Price Performance: -13.33%
Average Trading Volume: 2,355,376
Technical Sentiment Signal: Buy
Current Market Cap: A$33.12M
See more insights into ION stock on TipRanks’ Stock Analysis page.