Iondrive Limited · ASX:ION
Iondrive — Investor Presentation (June 2025)
24 slides from Iondrive's investor presentation, Jun 25, 2025
Slide 1: Updated Corporate Presentation (ASX Release)
ASX RELEASE ASX: ION Iondrive Limited | ABN 30 107 424 519 25 JUNE 2025 Updated Corporate Presentation Iondrive Limited (ASX: ION) (“Iondrive” or “the Company”) is pleased to provide the attached updated corporate presentation. Authorised for release by the Board of Iondrive Limited. Further Informa
Slide 2: Smarter, Cleaner, Greener Metal Recovery
Smarter, Cleaner, Greener Metal Recovery Investor Update June 2025 iondrive.com.au ASX: ION
Slide 3: Disclaimer
IONDRIVE Disclaimer Not an offer of securities Forward looking statements This Presentation is not a prospectus, product disclosure statement or other offering document under Australian law (and will not be lodged with ASIC) or any other law. This Presentation does This document contains certain for
Slide 4: Clean Tech for the Circular Economy
TECHNOLOGY COMMERCIALISATION Clean Tech for the Circular Economy IONDRIVE: THE EXECUTION HUB Deep Eutectic Solvent SCALABLE, MARKET Delivering practical platform with strong IP-BACKED OPPORTUNITY & solutions into active IP position TECHNOLOGY DEMAND supply chains Initial focus on battery recycling a
Slide 5: High efficiency, low environmental impact
URBAN MINING High efficiency, low environmental SOLVOMETALLURGY PYROMETALLURGY HYDROMETALLURGY impact RAW RAW RAW MATERIAL MATERIAL MATERIAL Traditional metal recycling relies on energy-intensive, toxic processes with high waste and low efficiency Extreme Corrosive Low in separating the critical min
Slide 6: A Tuneable approach to sustainable metal extraction
DEEP EUTECTIC SOLVENTS A Tuneable approach GREEN SOLVENT #A GREEN SOLVENT #B to sustainable metal HBA HBD extraction 300°C 100°C MELTING MELTING POINT POINT +add raw material What are DES? extract - Deep Eutectic Solvents (DES) are green DES solvents formed by mixing a hydrogen Solid Mixture transit
Slide 7: One Green Platform. Massive Extraction Potential.
ADVANCED EXTRACTION. MINIMAL FOOTPRINT. One Green Platform. Massive Extraction Potential. Iondrive’s DES platform enables clean, efficient recovery of critical metals from battery waste, eWaste, and mining. eWaste Battery Mixed Hydroxide Recycling Precipitate (from mining) Market ~US$91B Market~US$1
Slide 8: eWaste Is a Global Crisis — and Opportunity
UNDER-RECYCLED & HIGH VALUE eWaste Is a Global Crisis — and Opportunity 120 120 EEE placed on market Global market High-grade upside feedstock Printed Circuit Boards 100 eWaste contained (PCBs) offer rich yields of 96 ~US$91B in recoverable metals in 2022, with only copper, gold, silver, and 82 eWas
Slide 9: The $91 Billion Opportunity in eWaste Metals
DRIVING FORCES OF The $91 Billion Opportunity in eWaste Metals Economic Value of Metals from eWaste Estimated Metal Value (Before Management) in USD billion (2022) per tonne of PCBs Rh Ag 0.9 Sb 0.3 ESTIMATED VALUE Au 2.3 METAL CONTENT RANGE PRICE PER G (USD) 15 RANGE (USD) Zn Others 1 Ni 14 Gold 16
Slide 10: Growth catalysts (3-9 months)
IONDRIVE Growth catalysts (3-9 months) Largest industry partner in $15m ARC Training Centre Continuing expansion Independent 3rd COMMERCIAL of Technology and Applications for Grants in Formalising consortium party modelling Industry Partners in the AUS and EU Pursuing a similar partners and (NPVs IR
Slide 11: Iondrive Team
IONDRIVE Iondrive Team 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 executive and board director • Seasoned corporate an
Slide 12: Capital structure
IONDRIVE Capital structure SUPPORTIVE STRATEGIC SHAREHOLDERS (>5%) - CORPORATE STRUCTURE: per most recent substantial holder notices Ordinary Shares 1182.8m Regal Funds Management ~5.2% Share Price (6 June 2025) AUD$0.025 Terra Capital ~8.0% Market capitalisation AUD$29.6m Strata Investment Holdings
Slide 13: Market backs scalable industrial technologies
VALUATION UPLIFT ALONG THE COMERCIALISATION PATH Market backs scalable industrial technologies 1200 PILOT STAGE PILOT COMMERCIAL STAGE COMMERCIAL SCALE 1000 1000 800 600 600 600 400 400 Valuation (AUD M) 400 Capital Raised 200 200 200 200 300 160 100 130 120 30 30 15 0 MTM Critical Cylib DEScycle Un
Slide 14: Breakthrough Technology for a Huge Battery Recycling Market Opportunity
Breakthrough Technology for a Huge Battery Recycling Market Opportunity ASX: ION iondrive.com.au
Slide 15: Business model
16 BATTERY RECYCLING Business model Batteries Collection and (scraps, end-of- dismantling of life batteries) end-of-life batteries Auto OEMs Iondrive intends to generate value uplift by initially processing black mass (battery waste) into reusable critical minerals and upgrading EU BATTERY Manufactu
Slide 16: Commercialisation activities align with EV metal market demand
EV BATTERY RECYCLING Commercialisation activities align with EV metal market demand GLOBAL BATTERY RECYCLING MARKET 12 11 SURPASSES $100 BILLION NY 2040 MULTIPLE 10 COMMECIAL PLANTS FULL-SCALE COMMERCIAL 9 PLANT COMPLETE BLACK MASS (MILLION TONNES) 8 DEMONSTRATION 7 PLANT PILOT PLANT 6 LAUNCH with c
Slide 17: Battery Recycling
MARKET DRIVING FORCES Battery Recycling ALMOST ALL BLACK MASS PRODUCED IN EU targets for material recovery IRA Clean Vehicle requirements on WESTERN COUNTRIES rates and minimum levels of the percentage of the value IS SENT TO CHINA recovered contents of critical minerals FOR PROCESSING. % 100 80 80
Slide 18: Driving Urgent Battery Recycling Solution
SURGING EV DEMAND Driving Urgent Battery Recycling Solution BATTERY PRODUCTION 2030: EV growth Recycling (GWH) ~900 GWh accelerating demand outpacing capacity Black mass supply to reach 11.3M Black mass growth tonnes by 2040. +25% CAGR, but EU x30 lacks hydromet capacity (74% deficit). Regulations C
Slide 19: Pre-Feasibility Study (PFS) Confirms Exceptional Recovery Rates and Market Viability
Pre-Feasibility Study (PFS) Confirms Exceptional Recovery Rates and Market Viability ASX: ION iondrive.com.au
Slide 20: Technology Validated, Economics Confirmed
FEASIBILTY TO EXECUTION Technology Validated, Economics Confirmed Economic and technical results driving commercialisation Economically Robust High Cost- & Profitable Recovery Rates Advantages Independent modelling confirms a Verified high recoveries across 36% lower Capex* than benchmark AUD249m NP
Slide 21: Illustrative plant economic indicators
IONDRIVE Illustrative plant economic indicators NPV10 IRR post tax BLACK MASS CAPEX $249M 1 17.4% 2 21kt (10kt) $16Mpkt/pa 3 Project post-tax IRR Sensitivity PROJECT CONSTRUCTION % LIFE - YEARS PERIOD - YEARS 21 1 Metal Price OPERATIONS DISCOUNT PERIOD - YEARS RATE % 20 10 OPEX TERMINAL PAYBACK – VA
Slide 22: Assumptions
ECONOMIC MODELLING Assumptions Appendix 1: Key Assumptions of the Economic Evaluation of the PFS Iondrive Battery Recycling Plant Configuration Project life years 21 Construction period years 1 Operations period years 20 Discount rate (real) % 10 Total CAPEX* AUDm 370m Terminal Value AUD 20% Payback
Slide 23: References
References: Wood study: ASX 15th July 2024 PFS: ASX 1st November 2024 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 22
Slide 24: Contact Us
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