Australia's Iondrive set for best week in 1 year on Oklahoma recycling module support
03/07/2026 05:58
BUZZ-Australia's Iondrive set for best week in 1 year on Oklahoma recycling module support ** Shares of Iondrive ION.AX rise as much as 15.6% to A$0.037, their highest level since February 12
** Logs over 41% on week, set to mark its best weekly pct gain since late June, 2025
** On Monday, the battery recycling technology company received a letter of support from the Oklahoma Department of Commerce, with incentive package scalable to more than $15 million
** Letter for proposed development of its advanced critical minerals processing and recycling module in Oklahoma, USA
** About 4.8 million shares change hands, 2.3 times the 30-day avg
** Down ~21% YTD, including the session's moves
(Reporting by Anjali Singh in Bengaluru)
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