BUZZ-Australia's Iondrive rises on $15 million state incentive package for offshore US module

ProShares S&P Global Core Battery Metals ETF

ProShares S&P Global Core Battery Metals ETF

ION

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** Shares of Iondrive ION.AX rise as much as 33.3% to A$0.032, hitting their highest level since March 3

** Stock set for strongest intraday trading session since December 3, 2024

** The battery recycling technology company received a letter of support from the Oklahoma Department of Commerce

** Letter for proposed development of its advanced critical minerals processing and recycling module in Oklahoma, USA

** Company says state incentive package scalable to more than $15 million

** Around 7.6 million shares change hands, 7.6x the 30-day average volume

** Day's gains so far cut stock's YTD losses to 30.2%


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