Iondrive (ION) investor relations material

Platform overview and technology

• IONSolv™ is a proprietary, scalable platform that selectively recovers and upgrades metals from complex materials using Deep Eutectic Solvent (DES) chemistry developed with the University of Adelaide.

• The process involves selective leaching, separation, and solvent recycling, enabling closed-loop, low-temperature, and high-purity metal recovery.

• The platform is modular and can be applied across e-waste/rare earths, solar PV, and battery materials.

Market opportunity and value proposition

• Significant value is lost annually in Western e-waste, batteries, and solar PV streams, with most routed through China-dominated refining.

• IONSolv™ aims to intercept these streams, redirecting value to Western end-use markets, with a 2026 addressable opportunity estimated at $12–18bn and $22–28bn by 2030.

• The platform addresses a common bottleneck: the lack of a selective upgrading step for complex feedstocks.

Commercialisation pathways and validation

• Rare earths from e-waste is the lead commercialisation pathway, with independently verified 93–95% NdPr recovery on US commercial feedstock.

• Solar PV recycling has achieved ~95% silver recovery in bench-scale tests, validating the economic case.

• Battery materials recycling shows strong lab validation, with up to 100% recovery for key metals and partnerships with EU and Australian entities.