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Iondrive Limited (ASX: ION) - Share Price

Current share price for ION : $0.035 0.003 (9.38%)+

Iondrive Limited (ION, formerly Southern Gold Limited), an ASX-listed company, 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 http://Iondrive.com.au
Industry/Sector Gold
Market Cap ($M) 45
ION Share Price $0.035
Day High $0.037
Day Low $0.033
Last Close $0.032
ION Share Price Movement $0.00 ( 9.38% )
Prices as at 12:00, 3 Jul 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 - 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
ION - 93.5% Dysprosium Recovery from Commercial US E-waste
Iondrive Limited announced the successful optimization of its proprietary IONSolv™ process
Iondrive Limited (ION)
15 Jun 2026 | 9:27 AM
ION - Quarterly Activities/Appendix 4C Cash Flow Report
Iondrive Limited has made significant strides in the quarter ending March 31, 2026, with a
Iondrive Limited (ION)
29 Apr 2026 | 9:54 AM
ION - Iondrive Advances US-Focused Rare Earth Recycling Technology
Iondrive Limited has progressed its US-focused rare earth recycling technology toward comm
Iondrive Limited (ION)
16 Apr 2026 | 9:20 AM

Iondrive Limited (ION) Recent ASX Announcements

Company Sector Market Cap ($m) Headline Release
date/time+		 Price at
release+		 Current
price+		 Gain/Loss View
Iondrive Limited (ION)
ORDINARY FULLY PAID
 Materials $45 Investor Presentation 3 Jul 2026 9:09AM $0.032 $0.035 risen by 9.38%
Iondrive Limited (ION)
ORDINARY FULLY PAID
 Materials $45 Investor Webinar Invitation 3 Jul 2026 9:04AM $0.032 $0.035 risen by 9.38%
Iondrive Limited (ION)
ORDINARY FULLY PAID
 Materials $45 Oklahoma Supports Iondrives U.S. Rare Earth Initiative 29 Jun 2026 8:37AM $0.024 $0.035 risen by 45.83%
Iondrive Limited (ION)
ORDINARY FULLY PAID
 Materials $45 93.5% Dysprosium Recovery from Commercial US E-waste 15 Jun 2026 9:27AM $0.019 $0.035 risen by 84.21%
Iondrive Limited (ION)
ORDINARY FULLY PAID
 Materials $45 Corporate Presentation 20 May 2026 9:33AM $0.021 $0.035 risen by 66.67%
Iondrive Limited (ION)
ORDINARY FULLY PAID
 Materials $45 Quarterly Activities/Appendix 4C Cash Flow Report 29 Apr 2026 9:54AM $0.024 $0.035 risen by 45.83%

ION Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2025A -$4.62 -$0.50 -58.90% 0.00 0.00 0.00% 0.0%
2024A -$6.12 -$1.20 -29.10% 0.00 0.00 0.00% 0.0%
2023A -$4.57 -$1.80 -40.50% 0.00 0.00 0.00% 0.0%

ION Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2023 A 2024 A 2025 A 2023 A 2024 A 2025 A 2023 A 2024 A 2025 A
Evolution Mining Limited (EVN) $23,479M 0.8868 0.7921 0.4755 24.1588 13.4810 9.1369 1.73% 4.23% 5.23%
Iondrive Limited (ION) $35M -0.5887 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Newmont Corporation (NEM) $10,399M 1.3091 0.2970 0.1904 11.9208 9.1909 7.7207 1.14% 1.12% 1.17%
Northern Star Resources Ltd (NST) $26,832M 1.0254 0.0586 0.6430 16.8459 15.9133 9.6857 2.93% 2.70% 3.35%
Perseus Mining Limited (PRU) $6,370M 0.2128 0.3660 0.3846 11.1680 8.1758 5.9048 3.64% 0.00% 0.00%

ION Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 3.00 0.00 5.08 0.00
Market 0.28 13.10 1.14 0.68
Sector 1.64 13.80 1.55 0.27

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
Lewis Edward Utting 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
23 February 2027 Report (Interim)
22 September 2026 Report (Annual)
25 August 2026 Report (Prelim)

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