Iondrive (ION) Investor update summary

Technology and market positioning

• IONSolv™ platform enables selective, low-cost, and environmentally friendly recovery of critical minerals from e-waste, batteries, and mining intermediates, with ~98% recovery rates proven in lab trials.

• The platform addresses supply chain risks by localizing high-value oxide production, reducing dependence on Asian processing, and supporting Western supply chain resilience.

• Closed-loop process recycles reagents, lowers energy use, and achieves a 36% lower CAPEX compared to legacy methods.

Commercial progress and partnerships

• Pilot plant commissioning is targeted for early 2026, with commercial validation and early revenues expected within 0-2 years.

• Strategic partnerships include Colt Recycling, Livium, PEM Aachen, TNO, and Fraunhofer, supporting technology validation and market access.

• Government grants and EU consortium participation have been secured to support pilot programs and technology benchmarking.

Market opportunity and revenue pathways

• Addressable markets exceed $200 billion across e-waste, battery recycling, and mineral processing, with significant growth expected through 2035.

• Revenue streams include gate fees, metal sales, and licensing/JVs, with high-value outputs such as strategic-grade oxides qualifying for incentives.

• Early cash flow is anticipated from e-waste recovery, de-risking the business model and supporting scale-up.