Australia's Livium rises on Iondrive deal to supply end-of-life materials

Iondrive

17/09/2025 04:49

** Shares of Livium LIT.AX rise as much as 7.7% to A$0.014, their highest level since September 11

** The battery recycler operator inks an agreement with Iondrive ION.AX, in which the co will supply a range of end-of-life materials, including solar panels and lithium-ion battery black mass

** Agreement to allow Iondrive, a battery recycling tech co, to support development and commercialization of its Deep Eutectic Solvent (DES) technology to recycle clean energy waste

** Shares of ION rise as much as 8.7% to their highest level since September 2

** YTD, Livium stock down 12.5%, ION up 60%

 (Reporting by Nichiket Sunil in Bengaluru)

 ((nichiket.sunil@thomsonreuters.com))