Livium’s Envirostream Expands Battery Recycling Operations

An update from Lithium Australia NL ( (AU:LIT) ) is now available.

Livium Ltd’s subsidiary, Envirostream Australia Pty Limited, is advancing its battery recycling operations by securing long-term agreements with major clients like BYD and ZECO Energy, and engaging in discussions for new projects that could significantly increase recycling volumes. The company is diversifying its services to include recycling tolling arrangements and safe storage of new batteries, while also seeking government grants and strategic investments to expand its operational capacity. With a focus on growing end-of-life battery volumes, Envirostream aims to enhance its market position and financial performance, aligning with the expected growth in the lithium-ion battery recycling market, estimated to reach A$122 million by 2030.

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 market-leading battery recycler, produces lithium ferro phosphate (LFP), and has developed a patented lithium extraction technology called LieNA®. Livium is well-positioned to capitalize on the growing global demand for lithium-ion batteries, offering diversification benefits to global supply chains.

Average Trading Volume: 27,060

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $9.56M

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