Livium Set to Boost Revenue with New Recycling Agreement

Lithium Australia NL ( (AU:LIT) ) just unveiled an update.

Livium Ltd, through its subsidiary Envirostream, is in advanced discussions to finalize a new recycling agreement with Sell & Parker Pty Ltd, a national metal recycling business. This Proposed Agreement, expected to commence in late April 2025, is anticipated to generate over A$1.0 million in revenue, representing about 15% of Livium’s total recycling revenue for FY24. The agreement aims to enhance Livium’s battery recycling capabilities and diversify its sources, potentially increasing collection volumes significantly for FY25 and the first half of FY26.

More about Lithium Australia NL

Livium, formerly known as Lithium Australia, is a leader in the Australian battery recycling industry. The company focuses on sustainable lithium production, operating a market-leading battery recycling business and producing lithium ferro phosphate (LFP). Livium has developed a patented lithium extraction technology called LieNA® and is positioned to benefit from the growing global demand for lithium-ion batteries, providing diversification benefits to global supply chains.

Average Trading Volume: 32,583

Technical Sentiment Signal: Strong Buy

Current Market Cap: $8.53M

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