IonDrive has battery recycling position validated
–News Direct–
IonDrive Ltd (ASX:ION) CEO Ebbe Dommisse tells Proactives Jonathan Jackson how the company is forging ahead in the battery recycling sector, bolstered by a Rho Motion study which validates its strategic market position. The study projects a robust annual growth rate for battery recycling, driven by escalating demand for electric vehicle minerals, with expected feedstock expansion at a 25% CAGR, reaching two million tonnes by 2030. IonDrive's bench trials in Adelaide and Perth are progressing to de-risk its innovative recycling process. Dommisse expressed satisfaction with these developments, underscoring the company's commitment to sustainable recycling solutions. IonDrive is on track to complete its pre-feasibility study by June, aiming to refine commercial ...