Iondrive Limited (ASX: ION) - Share Price

Current share price for ION : $0.140 0.015 (12%)⁺

Iondrive Limited (ION, formerly Southern Gold Limited) is an ASX-listed company and is not held by any exchange traded funds (ETFs). It is developing an innovative metal extraction process using Deep Eutectic Solvent technology (DES). Proprietary business case is focussed on battery recycling where the proprietary method is designed to efficiently recover critical metals, including nickel, cobalt, lithium, and manganese, from black mass in a closed-loop, environmentally friendly process.

ION General Information ⁺

ASX Code	ION
Website	N/A
Industry/Sector	Gold
Market Cap ($M)	181
ION Share Price	$0.140
Day High	$0.145
Day Low	$0.120
Last Close	$0.125
ION Share Price Movement	$0.02 ( 12% )

Prices as at 16:40, 21 Sep 2026

⁺Security prices are delayed by at least 20 minutes and are indicative only.

Iondrive Limited (ION) Upcoming Dividends & Yields

Distribution Type	Dividend	Franking	Ex-dividend date	Payment date	Current Price⁺	Price 7D Avg	Dividend Yield
Result	3¢	0%	3 Jul 2017	30 Aug 2017	-	-	-
Final	6¢	100%	20 Sep 2004	12 Oct 2004	-	-	-
Interim	6¢	100%	5 Mar 2004	26 Mar 2004	-	-	-

See all dividends from Iondrive Limited (ION) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Iondrive Limited (ION) price-sensitive announcements

ION - Iondrive Commissions Five-Tonne Production Campaign

Iondrive Limited has commissioned a five-tonne IONSolv™ production campaign using a capita

Iondrive Limited (ION)
3 Aug 2026 | 9:57 AM

ION - Quarterly Activities/Appendix 4C Cash Flow Report

Iondrive Limited, an Australian company listed on the ASX under the symbol ION, is advanci

Iondrive Limited (ION)
31 Jul 2026 | 8:45 AM

ION - Former BHP Head of Innovation, Dr Caffery, Appointed CEO

Iondrive Limited has appointed Dr Grant Caffery, previously the Head of Innovation at BHP,

Iondrive Limited (ION)
20 Jul 2026 | 9:11 AM

ION - Oklahoma Supports Iondrives U.S. Rare Earth Initiative

Iondrive Limited announced receiving support from the Oklahoma Department of Commerce for

Iondrive Limited (ION)
29 Jun 2026 | 8:37 AM

Iondrive Limited (ION) Recent ASX Announcements

Company	Sector	Market Cap ($m)	Headline	Release date/time⁺	Price at release⁺	Current price⁺	Gain/Loss
Iondrive Limited (ION) ORDINARY FULLY PAID	Materials	$181	Investor Webinar	7 Sep 2026 11:33AM	$0.118	$0.140	risen by 19.15%
Iondrive Limited (ION) ORDINARY FULLY PAID	Materials	$181	Corporate Presentation	7 Sep 2026 8:59AM	$0.085	$0.140	risen by 64.71%
Iondrive Limited (ION) ORDINARY FULLY PAID	Materials	$181	Updated Evaluation Returns US$243m Post-Tax NPV	7 Sep 2026 8:44AM	$0.085	$0.140	risen by 64.71%
Iondrive Limited (ION) ORDINARY FULLY PAID	Materials	$181	Full Year Statutory Accounts	31 Aug 2026 9:25AM	$0.065	$0.140	risen by 115.38%
Iondrive Limited (ION) ORDINARY FULLY PAID	Materials	$181	Appendix 4E	31 Aug 2026 9:22AM	$0.065	$0.140	risen by 115.38%
Iondrive Limited (ION) ORDINARY FULLY PAID	Materials	$181	Change in substantial holding	7 Aug 2026 9:57AM	$0.053	$0.140	risen by 164.15%

ION Financial Summary

Year to Jun	NPAT	EPS	EPS chg (%)	Yield (%)	Franking (%)
2026A	-$7.19	-$0.60	13.70%	0.00%	0.0%
2025A	-$4.62	-$0.50	-58.90%	0.00%	0.0%
2024A	-$6.12	-$1.20	-29.10%	0.00%	0.0%

ION Peer Comparison

Company	Mkt Cap	EPS Growth (%)			P/E (%)			Dividend Yield (%)
Company	Mkt Cap	2024 A	2025 A	2026 A	2024 A	2025 A	2026 A	2024 A	2025 A	2026 A
Evolution Mining Limited (EVN)	$28,010M	0.6196	0.1437	0.2273	17.6774	15.4558	12.5931	2.99%	2.86%	4.37%
Genesis Minerals Limited (GMD)	$8,930M	1.7222	-0.1932	0.3721	14.2589	17.6744	12.8814	0.66%	0.00%	0.00%
Iondrive Limited (ION)	$162M	0.1373	0.0000	0.0000	0.0000	0.0000	0.0000	0.00%	0.00%	0.00%
Newmont Corporation (NEM)	$13,695M	1.3091	0.2404	0.1721	15.8851	12.8068	10.9267	0.86%	0.84%	0.87%
Northern Star Resources Ltd (NST)	$31,645M	0.0367	0.1644	0.7864	19.1962	16.4860	9.2288	2.48%	2.32%	3.29%

ION Directors

Name	Position	Start Date
Mr Andrew Sissian	Non-Executive Director	12 Jun 2024
Mr Hugo Schumann	Non-Executive Director	3 Dec 2024
Mr Adam Slater	Non-Executive Director	4 Dec 2023
Dr Duncan Turner	Non-Executive Director	19 Jan 2026
Mr David Michael McNeilly	Non-Executive Director, Non-Executive Chairman	5 Jun 2020

Iondrive Limited (ION) Changes in Directors' Interest & Trades

Date of change	Director	Buy/Sell	Security Type	Qty	Trade Price	Value
6 Feb 2026	MCNEILLY, David	Issued	Direct Shares	568,181	$0.044	$25,000.000
6 Feb 2026	SCHUMANN, Hugo	Issued	Direct Shares	227,272	$0.044	$10,000.000
6 Feb 2026	SISSIAN, Andrew	Issued	Direct Shares	227,272	$0.044	$10,000.000

See all changes in directors' interest & trades for Iondrive Limited (ION) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

ION Management

Name	Position
Grant Caffery	Chief Executive Officer
Ray Ridge	Chief Financial Officer,Company Secretary
L Utting	Commercial Director

ION Substantial Shareholders

Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Iondrive Limited (ION). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.

Holding	Name
144,056,846 (12.20%)	Strata Investments Holdings
108,870,496 (9.20%)	Ilwella Pty Ltd
94,450,444 (8%)	Terra Capital Natural Resources Fund Pty Ltd
61,298,380 (5.20%)	Regal Funds Management Pty Ltd and its associates

ION Calendar of Events

Date	Event
30 August 2027	Report (Prelim)
23 February 2027	Report (Interim)

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