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Iondrive Advances Battery Recycling with 36% Lower CAPEX and Pilot Plant on Track
6:13am on Monday 2nd of June, 2025 AEST
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Mining
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Iondrive Advances Battery Recycling with 36% Lower CAPEX and Pilot Plant on Track
6:13am on Monday 2nd of June, 2025 AEST
Key Points
Independent modelling shows 36% lower CAPEX than conventional hydromet plants
Pilot plant development progressing with Financial Investment Decision planned for July 2025
100% lithium and aluminium recovery achieved in optimisation trials
$6 million placement completed to fund pilot plant and operations
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