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The latest update is out from Lithium Australia NL ( (AU:LIT) ).
Livium Ltd has signed a non-binding term sheet with the University of Melbourne to secure exclusive global rights to innovative microwave technology for rare earth elements extraction. This collaboration aims to enhance Livium’s recycling service offering by achieving high recovery rates with significant energy reduction compared to traditional methods. The partnership is expected to position Livium as a leader in resource recovery and process innovation, tapping into the largely untapped global REE recycling market projected to grow significantly by 2026.
More about Lithium Australia NL
Livium Ltd is a company operating in the recycling industry with a focus on rare earth elements (REE) and solar recycling, as well as black mass processing. The company is strategically expanding its recycling capabilities into adjacent circular economy opportunities, leveraging its existing infrastructure and connections to the REE end-of-life supply chain.
YTD Price Performance: -25.00%
Average Trading Volume: 3,524,370
Technical Sentiment Signal: Sell
Current Market Cap: A$20.43M
For detailed information about LIT stock, go to TipRanks’ Stock Analysis page.