Iondrive Limited · ASX:ION
Iondrive — Investor Presentation (January 2026)
20 slides from Iondrive's investor presentation, Jan 19, 2026
Slide 1: Investor Webinar: Corporate Update
ASX RELEASE ASX: ION Iondrive Limited | ABN 30 107 424 519 19th JANUARY 2026 Investor Webinar: Corporate Update Iondrive Limited (ASX: ION) (“Iondrive” or “the Company”) is pleased to provide the attached presentation being provided by the Company’s newly appointed CEO, Mr Lewis Utting, at an invest
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 Investor Presentation January 2026 iondrive.com.au ASX: ION
Slide 3: IONSolv: A New Standard for Critical Mineral Recovery
OVERVIEW 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 Road to Cash Flow Strong IP position with
Slide 4: Supply-Chain Dependence and Rising Demand Create Opportunity for Low-Impact Refining
CRITICAL-MINERAL CRITICAL-MINERALPROCESSING PROCESSINGISISCONCENTRATED CONCENTRATEDININASIA ASIA Supply-Chain Dependence and Rising Demand Create Opportunity for Low-Impact Refining Processing Dominance Western Shortfall Over 80 % of global Rapid growth in EVs refining for critical and renewable ene
Slide 5: IONSolv: Unlocking the $91B E-waste Opportunity
UNDER-RECYCLED UNDER-RECYCLED&&HIGH HIGHVALUE VALUE IONSolv : Unlocking the $91B E-waste Opportunity Economic Value of Metals from e-waste (Before Management) in USD billion (2022) Metal composition of e-waste by mass Rh 2.3 Sb GLOBAL MARKET UPSIDE Au Ag 0.9 0.3 Ni Fe “Only 22% of e-waste is formall
Slide 6: From Proof of Concept to Commercial Deployment
WHAT WHATWE WEHAVE HAVEACHIEVED ACHIEVED From Proof of Concept to Commercial Deployment Industry-leading recoveries, higher-value outputs, and pilot construction underway; setting the stage for commercial validation in 2026. For personal use only e-waste & Electronics Batteries Solar & Magnets Graph
Slide 7: Execution Track Record, Value Still Ahead
NEAR-TERM NEAR-TERMFOCUS FOCUS Execution Track Record, Value Still Ahead Delivering upcoming catalysts that build momentum into the Three Horizons of value creation. A MODULAR, LOW-FOOTPRINT EXTRACTION PLATFORM ENABLING MULTIPLE REVENUE VERTICALS EXECUTED Bench-scale For personal use only validation
Slide 8: Iondrive's Closed-Loop Metal Recovery vs Legacy Methods
REAGENTS REAGENTSRECYCLED, RECYCLED,NOT NOTWASTED WASTED Iondrive’s Closed-Loop Metal Recovery vs Legacy Methods FROM HIGH-COST / ENVIRONMENTAL IMPACT RISK LOW-COST HIGH RECOVERY For personal use only STANDARD PROCESS IONSolv CLOSED-LOOP PROCESS HIGH ENERGY HIGH REAGENT USE OFFSHORED PROCESSING LOW
Slide 9: Upgrading to High Value Oxides
IONDRIVE IONDRIVE CONVERTS CONVERTS LOW-VALUE LOW-VALUE WASTE WASTE INTO INTO HIGH-VALUE HIGH-VALUE OXIDES OXIDES (3–5× (3–5× UPLIFT) UPLIFT) Upgrading to High Value Oxides CHLORIDE HYDROXIDE OXIDE CAGR REE Co Ni METAL VALUE (US$/T) (us$/T) (us$T) 2024-34 OUTPUT Nd 25,000 40,000 70,000 +45,000 8-10%
Slide 10: Iondrive Revenue Pathways
ONE ONETECHNOLOGY TECHNOLOGY– MANY – MANY OPPORTUNITIES 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 A
Slide 11: Commercialisation Tracks with Soaring Metal Demand
COMMERCIALISATION COMMERCIALISATIONPATHWAYS 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 $140
Slide 12: Building Value Across Three Horizons
VALUE VALUEPHASES 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 commerci
Slide 13: Iondrive Team
IONDRIVE TEAM Global Experience in Mining, Technology, and Commercialisation Michael McNeilly Dr Duncan Turner Andrew Sissian Adam Slater Chair - BA Econ NED – PhD (Electrometallurgy) NED – CPA, Macc, Bcom NED - BA (Finance) Chief Executive Officer of Strata Investments Holdings Process and technolo
Slide 14: Investment Summary: Positioned for Scale & Potential Value Uplift
INVESTMENT INVESTMENT SUMMARY 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 platfo
Slide 15: Capital Structure
SHARE PRICE (6 months) IONDRIVE Capital Structure CORPORATE STRUCTURE Ordinary Shares 1268.2m Share Price (16 January 2026) AUD$0.045 Market capitalisation AUD$55.8m Cash* AUD$4.0m* For personal use only Enterprise Value (EV) ~AUD$51.74m OPTIONS/PERFORMANCE RIGHTS Various incl Directors, employees &
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 Lewis Utting, CEO info@iondrive.com.au Ray Ridge, CFO & Co-Sec info@iondrive.com.au Jane Morgan, Investor Relations jm@janemorganmanagement.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 CY 2025 first revenue Breakthrough technologies in Metal Flash Joule Heating for expected from small scale demonstration plant critical mineral and Battery Recycling are attracting DES for
Slide 20: References
IONDRIVE 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 20