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An announcement from Lithium Australia NL ( (AU:LIT) ) is now available.
Livium Ltd has announced a significant boost to its operations with a A$30 million grant from the Australian Renewable Energy Agency (ARENA) for its LFP demonstration plant. This funding aligns with the company’s focus on sustainable lithium production and positions Livium to enhance its market presence by advancing battery innovation in Australia.
More about Lithium Australia NL
Livium Ltd, previously known as Lithium Australia, is a company focused on leading the global transition to sustainable lithium production. It operates Australia’s leading battery recycler, produces lithium ferro phosphate (LFP), and has developed the patented lithium extraction technology LieNA®. Livium is strategically positioned to benefit from the increasing global demand for lithium-ion batteries and offers diversification advantages to global supply chains.
Average Trading Volume: 27,622
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $11.94M
Find detailed analytics on LIT stock on TipRanks’ Stock Analysis page.
