Latest Iondrive (ASX:ION) News

Iondrive Limited has gained a significant boost from the Oklahoma Department of Commerce, receiving a Letter of Support and potential incentives valued at over US$15 million for scaling its rare earth recycling modules in the US.

Small-cap materials stocks swung hard as buyers chased project funding, processing breakthroughs and new drill results. The biggest moves came from energy infrastructure, greenfields deals and uranium, while gold and copper stories kept the sector busy.

Iondrive Limited’s proprietary IONSolv™ process has independently achieved a 93.5% recovery rate for dysprosium from US commercial e-waste, vastly outperforming previous techno-economic assumptions and extending its rare earth extraction capabilities into heavy rare earths.

Speculative growth names and biotech drove the biggest gains this week, while one consumer staple copped the heaviest selling after cutting guidance. Deal flow stayed busy, but investors were even more responsive to hard numbers: profit upgrades, feasibility studies, contract wins and fresh drilling results.

Drilling wins, funding deals and takeover activity drove a busy week in materials stocks. Big moves came from early-stage explorers, while larger producers won support with cash flow, mine life and deal-making.

Iondrive Limited has confirmed over 90% extraction of key rare earth elements neodymium and praseodymium from US commercial samples, exceeding prior economic assumptions and advancing its modular recycling technology toward commercial deployment.

Iondrive Limited has demonstrated over 85% silver extraction efficiency using its IONSolv™ technology, marking a significant step forward in recycling end-of-life solar panels in Australia.

Iondrive Limited has marked a pivotal shift from development to commercialisation of its IONSolv™ technology, securing $4 million to target the US e-waste market and commissioning its pilot plant to refine critical minerals.

Iondrive Limited appoints Lewis Utting as CEO to spearhead the transition from technology development to commercial execution of its IONSolv™ platform, while refreshing its board with new expertise.

Iondrive Limited has successfully raised $4 million through a share placement to accelerate the commercialisation of its innovative e-waste recycling technology in the United States.

Iondrive Limited’s Phase 1 techno-economic evaluation of its IONSolv™ modular rare earth elements recycling plant reveals promising financial metrics and a scalable US rollout strategy. Phase 2 validation is underway to refine assumptions and advance commercial deployment.

Iondrive Limited has advanced its battery recycling ambitions by securing key partnerships in the US and Australia, commencing pilot plant construction, and gaining substantial government funding support.