Livium announced on Tuesday it had commenced discussions with Australian and international developers of rare-earth element extraction technologies as part of its strategy to expand into adjacent circular economy opportunities. The company said REE extraction represented an extension of recycling services for its enterprise client base, with discussions progressing with developers focused on collaboration, including…
Battery chemical recycler and manufacturer Livium has commenced a deal to provide services to metal recycling business Sell & Parker, anticipated to generate revenues of $3 million in the next 12 months and offering potential “to be Livium’s largest ever recycling contract”. According to a statement from Livium on Thursday, the three-year subcontractor deal with…
Livium’s battery recycling division Envirostream has started receiving initial volumes under new long-term agreements with major clients including BYD and ZECO Energy, according to an announcement released on Monday. The company stated it is focusing on growing end-of-life battery volumes while seeking partners to scale operations to meet future demand, which it estimates will create…
Livium’s battery recycling subsidiary, Envirostream Australia, has signed a five-year recycling agreement with battery and solar systems supplier ZECO Energy. In an ASX statement on Tuesday, Livium said the agreement, which is dated to February 19, will see Envirostream provide exclusive recycling services for end-of-life residential and commercial energy storage system (ESS) battery packs supplied…
The Envirostream Australia subsidiary of Livium Ltd has been awarded an $850,000 grant from the Western Australia government to support the development of Envirostream’s battery recycling operations in the state. Formerly known as Lithium Australia, Livium is developing a whole of life lithium value chain including Envirostream recycling which currently recycles batteries at a facility…
Lithium Australia’s lithium ion battery (LIB) recycling subsidiary Envirostream Australia has achieved a significant milestone, delivering its first positive operating profit during Q4 FY24. The achievement was driven by the company’s transition towards an upstream service model, which has increased revenues with a higher proportion of revenues now received upfront through recycling fees. Lithium Australia…
Lithium ion battery materials company Lithium Australia has increased battery recycling at its Envirostream facilities (pictured) as agreements with overseas manufacturers lead to higher collection volumes. The company told investors it collected 344 tonnes of batteries during the March quarter, including 177 tonnes of lithium-ion batteries (LIBs), an 18 percent increase in LIB collection volumes…
Envirostream to recycle LG lithium batteries Battery recycler Envirostream has signed an exclusive three year agreement with LG Energy Solutions to recycle all its recalled lithium ion batteries collected in Australia. Envirostream, a subsidiary of Lithium Australia, expects significantly increased battery collection volumes equating to 140 percent of the company’s total in FY23. LG has…