Iondrive Expands DES Tech to Unlock Europe’s Cobalt Potential

• Binding term sheet signed between Iondrive and LAT66 for DES testing on Finnish cobalt concentrates
• First application of DES technology on virgin mining concentrates, expanding commercial scope
• Kuusamo hosts one of Europe’s largest undeveloped cobalt deposits, critical for supply chains
• Iondrive’s DES previously achieved 98.6% cobalt recovery from battery black mass