ReutersReuters

Iondrive soars on deal to market DES tech in Australia

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** Shares of Australia's Iondrive ION rise as much as 8.7% to A$0.05, their highest level since September 2

** The battery recycling co signs a binding term sheet with Livium LIT to commercialise its Deep Eutectic Solvent (DES) technology in Australia

** Livium to provide end-of-life solar panels, lithium-ion battery black mass, rare earths and other samples for evaluation using ION's DES process

** LIT's shares up as much as 7.7% at A$0.014

** ION up 63% YTD, including the session's moves

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