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Lithium Australia NL ( (AU:LIT) ) just unveiled an announcement.
Livium has completed a strategic battery recycling project for Synergy’s Alkimos Beach Community Battery Energy Storage System, showcasing an end-to-end solution from collection in Western Australia to processing at Envirostream’s Victorian facilities. The contract with Synergy, a major state-owned power utility, validates Livium’s operational capability on large-format systems and underpins its plan to expand in the high-growth WA grid-scale storage market.
Across 348 lithium-ion battery modules weighing about 16.3 tonnes, Livium achieved a recycling rate of roughly 71.5%, recovering around 11.6 tonnes of material, including 4.6 tonnes of black mass destined for specialist processing partners. The project highlights the company’s emphasis on traceability, compliance and risk management, reinforcing its positioning as a key partner for utilities seeking ESG-aligned lifecycle management of energy storage assets and diverting significant volumes from landfill.
More about Lithium Australia NL
Livium Ltd, formerly Lithium Australia NL, operates in the battery recycling and energy materials sector, focusing on end-of-life lithium-ion batteries and large-format battery energy storage systems. Through its wholly owned subsidiary Envirostream Australia, the company provides integrated logistics, dismantling, processing and materials recovery services, targeting growing demand from energy utilities and infrastructure owners, particularly in Western Australia.
Average Trading Volume: 2,158,198
Technical Sentiment Signal: Sell
Current Market Cap: A$18.58M
See more data about LIT stock on TipRanks’ Stock Analysis page.