Iondrive Ltd

Iondrive Limited is an Australia-based battery recycling technology company. The Company primarily focuses on developing and commercializing solutions for lithium battery recycling. Its Hydrometallurgical Battery Recycling project employs a patented, environmentally safe solvent to gently separate critical components from used batteries, providing a safer and more efficient alternative to traditional methods. The Company holds licenses from the University of Adelaide for next-generation battery technologies, including an enhanced performance non-flammable lithium-ion based battery and a low-cost, high-cycle life water-based battery. The Company holds prospective Lithium, rare-earth elements (REE) and precious metals projects. Its lithium projects include Samguen Li Project and Seobyeok Li Project, which has two highly prospective REE projects, including the Jangnam REE Project comprising 10 exploration license applications covering 24.7 square kilo meters (km2).