BUZZ-Australia's Iondrive set for best week in 1 year on Oklahoma recycling module support

ProShares S&P Global Core Battery Metals ETF

ION

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** Shares of Iondrive ION.AX rise as much as 15.6% to A$0.037, their highest level since February 12

** Logs over 41% on week, set to mark its best weekly pct gain since late June, 2025

** On Monday, the battery recycling technology company received a letter of support from the Oklahoma Department of Commerce, with incentive package scalable to more than $15 million

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

** About 4.8 million shares change hands, 2.3 times the 30-day avg

** Down ~21% YTD, including the session's moves

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