Livium raises $4.5 million to accelerate clean energy waste recycling efforts

Battery recycling technology company Livium has announced firm commitments to raise $4.5 million through a share placement, with funding to support efforts including expansion of its large-format lithium battery collections across Australia, and the relocation and consolidation of its Victorian battery-recycling facilities into a centralised site. According to a statement from the ASX-listed company on…

Livium explores rare-earth element extraction to expand recycling portfolio

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…

New battery recycling subcontract deal expected to generate over $5 million for Livium

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…

ARENA grant fuels investor interest in Livium’s LFP battery technology

Livium’s wholly owned subsidiary VSPC has reported increased investor engagement following its recent A$30 million grant from the Australian Renewable Energy Agency (ARENA) for an LFP Demonstration Plant. The company announced on Tuesday that it is actively seeking to close the remaining A$30 million funding gap for the 250-tonne per annum demonstration facility, which will…

Battery recycler Envirostream secures client agreements for volume growth

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…

Envirostream, ZECO Energy announce five-year battery recycling agreement

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…

Livium moves to demonstrate lithium extraction technology

Lithium chemicals manufacturer Livium, formerly Lithium Australia, will decide by the end of January 2025 whether to proceed with plans to utilise its proprietary technologies to extract lithium from difficult to process ores. Livium is developing technologies to produce lithium chemicals from waste or low-grade sources, with its main technologies LieNA for processing spodumene and…