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Iondrive ION.AX · AUD

Materials · ASX · 🇦🇺 Australia

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0.08

+5.26%

Close of 9 Nov 2026, in AUD

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About Iondrive

Its shares trade on ASX under the ticker ION.AX. It has been listed since 21 April 2005. In the fiscal year to 30 June 2025, it reported revenue of A$245,291 and a net loss of A$4.6m. At that date it held total assets of A$9.0m and shareholders' equity of A$7.5m.

Iondrive Ltd is a AU-based company operating in Metals & Mining industry. Iondrive Limited, formerly Southern Gold Limited, is a mineral exploration and battery technology commercialization company. Its mineral exploration business includes 100% interest in a substantial portfolio of rare-earth elements (REE), lithium (Li) and precious metals exploration projects in South Korea. Its commercialization business holds three worldwide licenses comprising the next generation battery technologies comprising an enhanced performance non-flammable lithium-ion based battery; a low-cost, environmentally sustainable method for recycling lithium batteries, and a low-cost, high cycle life water-based battery. Its projects include the Deokon Gold-Silver Project, the Haenam Basin-Gasado North Project, Gyeongsang Basin-Gampo Project, Dokcheon, Gyeongsang Basin-Geoje Island Angsan Project, Goseong, Samguen Li Project, Seobyeok Li Project, Chungju REE Project and Jangnam REE Project. The Deokon project lies within an extensional northeast-southwest trending pull-apart basin.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
21 Apr 2005

Leadership

Pay as last reported

  • Mr. Michael McNeillyNon-Executive Chairman of the Board
  • Dr. Ebbe DommisseChief Executive Officer
  • Mr. Ray RidgeChief Financial Officer, Company Secretary
  • Mr. Gourish ArolkarCompliance Officer, Company Secretary
  • Mr. Ian BlucherProject Development ManagerA$241,413
  • Mr. P. O'SullivanExploration ManagerA$134,690
  • Mr. Lewis UttingCommercial Director
  • Mr. Hugo SchumannNon-Executive Director
  • Mr. Andrew SissianNon-Executive Director
  • Mr. Adam SlaterNon-Executive Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Iondrive Ltd holds 100% interest in rare-earth elements exploration projects in South Korea.
  • Iondrive's battery technology licenses include non-flammable lithium-ion batteries.
  • Iondrive's commercialization business features a low-cost lithium battery recycling method.

Weaknesses

  • Iondrive's mineral exploration projects are concentrated in South Korea.
  • Iondrive's business model relies on commercializing new battery technologies.
  • Iondrive's projects include the Deokon Gold-Silver Project in a pull-apart basin.

Opportunities

  • Iondrive's Gyeongsang Basin-Gampo Project offers potential for lithium extraction.
  • Iondrive's Jangnam REE Project could expand rare-earth element production.
  • Iondrive's Seobyeok Li Project may support battery technology growth.

Threats

  • Iondrive's Haenam Basin-Gasado North Project faces geological challenges.
  • Iondrive's Dokcheon project requires further exploration.
  • Iondrive's Goseong project is a precious metals exploration site.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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