Proactive - Interviews for investors

Iondrive battery recycling achieves 100% nickel recovery in breakthrough tests

Episode Summary

Iondrive Ltd (ASX:ION) CEO Dr Ebbe Dommisse sits down with Proactive’s Tylah Tully to discuss promising results from the latest tests on lithium-ion battery recycling. The tests recovered 100% of nickel and 89-98% of other critical metals, including cobalt, manganese and lithium, using black mass from spent batteries. These results were achieved through a three-stage pre-treatment process that removes impurities such as PVDF polymers, graphite and ferrous iron. Iondrive expects even higher lithium recovery rates, potentially reaching 100%, with further refinement of solvent concentrations. A pre-feasibility study (PFS) is expected to be completed by the end of October 2024, after which the company will move toward developing a pilot plant. Dommisse described the results as a significant breakthrough, especially given that lower-quality raw materials were used. The company's Deep Eutectic Solvents process, a non-toxic, environmentally friendly alternative to mineral acid leaching, continues to demonstrate high recovery efficiency even at scale. #ProactiveInvestors #Iondrive #ASX #BatteryRecycling #NickelRecovery #CobaltRecovery #LithiumRecovery #ManganeseRecovery #BatteryMetals #SustainableTech #GreenEnergy #CleanTech #RecyclingInnovation #BreakthroughTech #CircularEconomy #LithiumIonBatteries #CriticalMinerals #DeepEutecticSolvents #RecyclingProcess #EnvironmentalInnovation #TechAdvancement #GreenRecycling #Nickel