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Iondrive Secures $3.9M Grant to Propel Battery Recycling Pilot Plant
8:33am on Tuesday 12th of August, 2025 AEST
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Mining
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Iondrive Secures $3.9M Grant to Propel Battery Recycling Pilot Plant
8:33am on Tuesday 12th of August, 2025 AEST
Key Points
Awarded $3.9 million non-dilutive grant under Industry Growth Program
Funding covers 50% of pilot plant construction and operational costs
Pilot plant to recover lithium, nickel, cobalt from battery black mass
Construction approved with $4.8 million budget, commissioning starts December 2025
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