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Iondrive (ASX: ION) has reported over 85% silver extraction efficiency from its proprietary IONSolv platform in early laboratory results for its solar panel recycling initiative. This establishes a performance baseline and supports the company's collaboration with Livium to process end-of-life photovoltaic materials.

Initial tests focused on screening and optimizing IONSolv’s formulation through controlled batch experiments. The next phase will apply IONSolv to mechanically prepared photovoltaic materials, assessing interactions within a recycling workflow.

Planned activities include further laboratory optimization and techno-economic assessments. Iondrive highlighted the growing volume of end-of-life solar panels in Australia, with significant material recovery gaps in current recycling practices. The program will prioritize recovery pathways for silver and polysilicon, aiming to improve overall recycling outcomes.