Iondrive Limited · ASX:ION
Iondrive — Shareholder Meeting (November 2025)
20 slides from Iondrive's shareholder meeting presentation, Nov 27, 2025
Slide 1: CEO's Presentation – 2025 AGM
ASX RELEASE ASX: ION Iondrive Limited | ABN 30 107 424 519 27 November 2025 th CEO’S PRESENTATION – 2025 AGM Iondrive Limited (ASX: ION) (“Iondrive” or “the Company”) is pleased to provide the attached CEO’s presentation, being provided at today’s 2025 Annual General Meeting. For personal use only A
Slide 2: Urban Mining: Securing Supply Chains for Critical Minerals
Urban Mining: Securing Supply Chains for Critical Minerals For personal use only IONSolv — High-Value Recovery, Low Environmental Impact Annual General Meeting November 2025 iondrive.com.au ASX: ION
Slide 3: IONSolv: A New Standard for Critical Mineral Recovery
INVESTMENT HIGHLIGHTS IONSolv : A New Standard for Critical Mineral Recovery EXTRACT SEPARATE For personal use only IONSolvTM Technology Moat IONDRIVE: THE Massive TAM IONSolv selective, EXECUTION HUB Multi-billion $ low-cost, green opportunities chemistry REUSE RECOVER Strong IP position Modular St
Slide 4: Critical-Mineral Processing Is Concentrated in Asia
CRITICAL-MINERAL PROCESSING IS CONCENTRATED IN ASIA Supply-Chain Dependence and Rising Demand Create Opportunity for Low-Impact Refining Processing Dominance Western Shortfall Over 80 % of global Rapid EV and refining for critical renewable-energy For personal use only minerals is growth is strainin
Slide 5: IONSolv: Unlocking the $91B E-waste Opportunity
UNDER-RECYCLED & HIGH VALUE IONSolv : Unlocking the $91B E-waste Opportunity Economic Value of Metals from e-waste (Before Management) in USD billion (2022) Metal composition of e-waste by mass GLOBAL MARKET UPSIDE Rh 2.3 Sb Au Ag 0.9 0.3 Ni “Only 22% of e-waste is formally recycled — leaving most m
Slide 6: From Proof of Concept to Commercial Deployment
WHAT WE HAVE ACHIEVED From Proof of Concept to Commercial Deployment Industry-leading recoveries, higher-value outputs, and pilot construction underway — setting the stage for commercial validation in 2026. For personal use only e-waste & Electronics Batteries Solar & Magnets Graphite & Cobalt Rare
Slide 7: Iondrive's Closed-Loop Metal Recovery vs Legacy Methods
REAGENTS RECYCLED, NOT WASTED Iondrive’s Closed-Loop Metal Recovery vs Legacy Methods FROM HIGH-COST RISK LOW-COST HIGH RECOVERY For personal use only STANDARD PROCESS IONSolv CLOSED-LOOP PROCESS HIGH ENERGY HIGH REAGENT USE OFFSHORED PROCESSING LOW ENERGY NON-TOXIC LOW COST MORE ENVIRONMENTALLY-FRI
Slide 8: Upgrading to High Value Oxides
IONDRIVE CONVERTS LOW-VALUE WASTE INTO HIGH-VALUE OXIDES (3–5× UPLIFT) Upgrading to High Value Oxides CHLORIDE HYDROXIDE OXIDE CAGR REE Co Ni METAL VALUE (US$/T) (us$/T) (us$T) 2024-34 OUTPUT Nd 25,000 40,000 70,000 +45,000 8-10% STRATEGIC-GRADEOXIDES Co 10,000 18,000 30,000 +20,000 7-9% (IRA/CRMA C
Slide 9: Iondrive Revenue Pathways
ONE TECHNOLOGY – MANY OPPORTUNITIES Iondrive Revenue Pathways FEEDSTOCK SOURCES IONDRIVE PROPRIETARY PROCESSING HIGH-VALUE OUTPUTS END MARKETS / Recovered Metals & Oxides CUSTOMERS Electronics & Urban Mining E-waste (Urban Mining) Source: Large recyclers (Colt) Cu Au Pd REE For personal use only ION
Slide 10: Commercialisation Tracks with Soaring Metal Demand
COMMERCIALISATION PATHWAYS Commercialisation Tracks with Soaring Metal Demand Capturing Value in a combined $236B Market $236B $215B Battery Recycling (Base) Mineral Processing (MHP) E-waste $205B 200 $182B $174B For personal use only $162B MARKET SIZE USD BILLIONS 150 $140B $151B $130B $120B $117B
Slide 11: Execution Track Record, Value Still Ahead
NEAR-TERM FOCUS Execution Track Record, Value Still Ahead Delivering upcoming catalysts that build momentum into the Three Horizons of value creation. A MODULAR, LOW-FOOTPRINT EXTRACTION PLATFORM ENABLING MULTIPLE REVENUE VERTICALS Bench-scale For personal use only EXECUTED validation EU consortium
Slide 12: Building Value Across Three Horizons
VALUE PHASES Building Value Across Three Horizons Commercialising across three verticals. As execution compounds, peers* at similar stages have re-rated significantly. IONSolv progresses from TRL 3 → 6 via small scale commercial deployment, advancing toward TRL 9 through modular commercial rollout U
Slide 13: Global Experience in Mining, Technology, and Commercialisation
IONDRIVE TEAM Global Experience in Mining, Technology, and Commercialisation Michael McNeilly Dr Jack Hamilton Andrew Sissian Adam Slater Chair - BA Econ NED – PhD (Chem Eng) NED – CPA, Macc, Bcom NED - BA (Finance) Chief Executive Officer of Strata Investments Holdings Highly accomplished senior ex
Slide 14: Positioned for Scale & Potential Value Uplift
INVESTMENT SUMMARY Positioned for Scale & Potential Value Uplift For personal use only One Platform, Many Verticals Proven High-Recovery Large & Growing Addressable Modular IONSolv platform adaptable to Technology Markets multiple recovery pathways, potential to The IONSolv platform achieves extreme
Slide 15: Capital Structure
IONDRIVE Capital Structure ION SHARE PRICE GRAPH 6 MONTHS CORPORATE STRUCTURE Ordinary Shares* 1,268.1m Share Price (25 November 2025) AUD$0.045 Market capitalisation AUD$57.7m Cash** AUD$7.2m For personal use only Enterprise Value (EV) ~AUD$50.5m OPTIONS/PERFORMANCE RIGHTS Various incl Directors, e
Slide 16: Disclaimer
IONDRIVE Disclaimer Forward looking statements Not an offer of securities For personal use only This document contains certain forward-looking statements that involve risks and This Presentation is not a prospectus, product disclosure statement or other offering document uncertainties. Although we b
Slide 17: Contact Us
For personal use only CONTACT US Dr Ebbe Dommisse, CEO info@iondrive.com.au Lewis Utting, Commercial Director info@iondrive.com.au Ray Ridge, CFO & Co-Sec info@iondrive.com.au ASX: ION iondrive.com.au
Slide 18: Appendix
For personal use only APPENDIX ASX: ION iondrive.com.au
Slide 19: Capital and Valuation Support
CAPITAL AND VALUATION SUPPORT Market ASX Listed Peers Comparisons Converting titanium scrap to titanium powder Breakthrough technologies in Metal CY 2025 first revenue expected from small scale Flash Joule Heating for and Battery Recycling are attracting DES for critical mineral critical mineral dem
Slide 20: References
IONDRIVE References Wood study: ASX 15th July 2024 PFS: ASX 1st November 2024 For personal use only PEM Aachen University Benchmarking Study: ASX 1st November 2024 Rho Motion Report: ASX 25th March 2024 BMI Report: ASX 19th February 2025 Model Answer Economic Modelling: ASX 19th February 2025 19 19