Iondrive LimitedASX: ION

$6M placement to fund recycling pilot plant & presentation

· Issued by Iondrive Limited

Filed with ASX · · 26 pages · English

• The funds will be used to build and operate a Pilot Plant for the Deep Eutectic Solvent (DES) based battery recycling technology, progressing industry collaborations in the EU and US, and for general working capital • Iondrive’s exclusively licensed technology extracts critical minerals from end-of-life lithium-ion batteries in a unique environmentally sustainable process Iondrive Limited (ASX:

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