ION
vs
S
S&P/ASX 300
ION
Over the past 12 months, ION has outperformed S&P/ASX 300, delivering a return of +12% compared to S&P/ASX 300's +1% growth.
Stocks Performance
ION vs S&P/ASX 300
Performance Gap
ION vs S&P/ASX 300
Performance By Year
ION vs S&P/ASX 300
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Iondrive Ltd
Glance View
Iondrive Ltd is an Australian technology company focused on recovering valuable metals from used lithium-ion batteries and other electronic waste. Its core product is a chemical extraction process that helps pull out materials such as lithium, nickel, cobalt, and manganese from shredded battery feedstock and similar scrap. In simple terms, it sits in the recycling chain between waste collectors and metal producers, turning hard-to-process waste into reusable materials. The company’s customers are likely battery recyclers, waste processors, and industrial partners that need a cleaner way to recover metals from end-of-life batteries and electronics. Iondrive makes money by licensing its technology, selling process know-how, and potentially earning fees from commercial recycling partnerships or plant deployments. That makes it different from a traditional miner: instead of digging new metal out of the ground, it aims to recover metals from existing waste streams. This business model ties Iondrive to the fast-growing need for battery recycling and critical-minerals supply. If its process works reliably at scale, it can help customers lower waste disposal costs while creating a domestic source of materials that would otherwise need to be mined or imported. Its role is mainly as a technology provider and recycling enabler, not as a mass producer of finished metals.
