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Livium Ltd Secures Shareholder Approval for Strategic Initiatives

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Livium Ltd Secures Shareholder Approval for Strategic Initiatives

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The latest update is out from Lithium Australia NL ( (AU:LIT) ).

Livium Ltd announced that all resolutions proposed at its General Meeting of Shareholders on April 17, 2025, were carried by a poll. This outcome reflects strong shareholder support for the company’s strategic initiatives, including the ratification of previous share issues and approvals for additional placements and options. The successful resolutions are expected to bolster Livium’s financial position and enhance its ability to capitalize on the growing demand for lithium and battery recycling technologies.

More about Lithium Australia NL

Livium, formerly known as Lithium Australia, is a company focused on sustainable lithium production. It operates Australia’s leading battery recycling business, produces lithium ferro phosphate (LFP), and has developed a patented lithium extraction technology called LieNA®. The company is well-positioned to benefit from the increasing global demand for lithium-ion batteries and offers diversification benefits to global supply chains.

Average Trading Volume: 32,583

Technical Sentiment Signal: Strong Buy

Current Market Cap: $8.53M

Learn more about LIT stock on TipRanks’ Stock Analysis page.

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