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Lithium Australia NL ( (AU:LIT) ) has provided an update.
Livium Ltd has received A$663,000 in R&D tax incentive rebates from the Australian Tax Office for its subsidiary VSPC, reflecting its investment in advanced cathode powder technologies. This rebate, along with previous rebates and a recent A$4.5 million placement, positions Livium to accelerate technology development and expand into battery recycling and adjacent markets, such as solar panel and rare earth element resource recovery.
The most recent analyst rating on (AU:LIT) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Lithium Australia NL stock, see the AU:LIT Stock Forecast page.
More about Lithium Australia NL
Livium Ltd (ASX: LIT) is Australia’s leading battery recycler through its wholly owned subsidiary Envirostream, focusing on the recovery of valuable materials from end-of-life batteries. The company is expanding into recycling rare earth elements, solar panels, and processing black mass, strengthening Australia’s clean-energy supply chain. Livium also holds a portfolio of complementary technologies, including a patented lithium extraction process in joint venture with Mineral Resources Ltd and VSPC, a developer of next-generation lithium ferro phosphate cathode materials.
Average Trading Volume: 6,394,146
Technical Sentiment Signal: Sell
Current Market Cap: A$21.67M
See more insights into LIT stock on TipRanks’ Stock Analysis page.