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Southern Gold Limited ( (AU:ION) ) has issued an update.
Livium Ltd has signed a binding term sheet with Iondrive Limited to advance the recycling of clean energy waste using Iondrive’s Deep Eutectic Solvent (DES) technology. This partnership aims to enhance Livium’s recycling capabilities and position both companies as leaders in the Australian clean energy waste processing market. The collaboration will support the development and commercialization of Iondrive’s DES process, which shows high recovery rates, and aligns with Livium’s strategic goals of expanding its recycling operations into broader waste markets.
More about Southern Gold Limited
Livium Ltd is a company focused on recycling clean energy waste, particularly lithium-ion batteries, solar panels, and rare earth element magnets. The company aims to leverage its capabilities in accessing and processing waste to become a leader in the Australian clean energy waste processing industry.
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.