Iondrive Advances U.S. Expansion and Delivers Strong Extraction Results Across Critical Minerals in Q3 FY26
Iondrive Limited (ASX: ION) reported a strong Q3 FY26, demonstrating continued progress toward commercial execution of its IONSolv™ platform. The Company achieved improved extraction performance, with silver recovery exceeding 95% and rare earth recoveries reaching 93.8% neodymium and 95.1% praseodymium from U.S.-sourced material. These results highlight the effectiveness of the platform across applications including solar panel recycling and e-waste processing. During the quarter, Iondrive also strengthened its U.S. presence through regulatory registration, enabling access to government funding opportunities and grant programs. Pilot plant optimisation identified cost-saving opportunities and improved flexibility for processing multiple feedstocks, supporting scalability. The Company reported a cash balance of approximately AU$8 million, with over AU$2.4 million expected in near-term inflows. With multiple commercial pathways advancing, Iondrive is positioning for broader deployment of its critical mineral’s recovery technology.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Iondrive Advances U.S. Expansion and Delivers Strong Extraction Results Across Critical Minerals in Q3 FY26
Iondrive Limited (ASX: ION) reported a strong Q3 FY26, demonstrating continued progress toward commercial execution of its IONSolv™ platform. The Company achieved improved extraction performance, with silver recovery exceeding 95% and rare earth recoveries reaching 93.8% neodymium and 95.1% praseodymium from U.S.-sourced material. These results highlight the effectiveness of the platform across applications including solar panel recycling and e-waste processing. During the quarter, Iondrive also strengthened its U.S. presence through regulatory registration, enabling access to government funding opportunities and grant programs. Pilot plant optimisation identified cost-saving opportunities and improved flexibility for processing multiple feedstocks, supporting scalability. The Company reported a cash balance of approximately AU$8 million, with over AU$2.4 million expected in near-term inflows. With multiple commercial pathways advancing, Iondrive is positioning for broader deployment of its critical mineral’s recovery technology.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au