Livium and Mineral Resources Form Joint Venture for Lithium Technology Commercialization

Lithium Australia NL ( (AU:LIT) ) has issued an announcement.

Livium Ltd has formed a 50:50 joint venture with Mineral Resources Ltd to commercialize its patented LieNA® lithium processing technology. The joint venture, LieNA Pty Ltd, will license the technology to third parties, aiming to expand its market reach and generate revenue through a royalty model. While current market conditions have delayed the construction of a demonstration plant, the partnership remains committed to exploring alternative monetization opportunities and adapting to market dynamics.

More about Lithium Australia NL

Livium, formerly known as Lithium Australia, is focused on leading the global transition to sustainable lithium production. The company operates Envirostream, Australia’s leading battery recycler, and aims to capitalize on the growing demand for lithium-ion batteries. Livium is also working to commercialize patented lithium extraction technology, LieNA®, through a joint venture with Mineral Resources Ltd, and is involved in producing lithium ferro phosphate through its subsidiary VSPC.

YTD Price Performance: -37.50%

Average Trading Volume: 2,842,651

Technical Sentiment Signal: Sell

Current Market Cap: A$17.02M

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