Ionic's November Update, page-11

Yeah, happy new year to you as well Tin.

Use case – Mining (geotextiles and smart conveyors)

https://ionicindustries.com.au/sensing-surfaces/#
"Ionic’s sensing technology is being applied to strain sensing in mining
conveyor belts in collaboration with industry experts and the Australian
Coal Association Research Program (ACARP, who provided $305,000 in
funding to the Group) to improve reliability, efficiency, and reduce conveyor
belt costs;
(ii) Ionic has a Joint Development Project with one of the world’s largest
rubber and automotive manufacturers, Continental AG; and
(iii) the global conveyor belt market size reached USD6.6 billion in 2022 and is
forecast to reach USD8.0 billion by 2028,8 exhibiting a growth rate (CAGR)
of 3.15%. "

Raider