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NoviqTech and Livium Partner to Tokenize Battery Recycling Benefits

Story Highlights
  • NoviqTech and Livium partner to tokenize environmental benefits from battery recycling.
  • The initiative supports Livium’s national expansion and aligns with global standards.
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NoviqTech and Livium Partner to Tokenize Battery Recycling Benefits

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Tymlez Group Ltd. ( (AU:NVQ) ) has shared an announcement.

NoviqTech Limited and Livium Ltd have announced a partnership to tokenize environmental benefits from Livium’s battery recycling operations using NoviqTech’s Carbon Central platform. This collaboration aims to enhance the tracking and verification of carbon reductions and mineral circularity, aligning Livium with global battery standards and regulations. The initiative leverages NoviqTech’s Digital Twin technology to model recycling processes and integrate real-time data, supporting transparent carbon accounting. This partnership is significant for Livium as it plans to expand its operations nationally, backed by a grant from the WA government. The project promises to help Livium meet evolving regulatory and investor expectations for transparency in ESG performance, particularly in critical minerals management and end-of-life battery recovery.

More about Tymlez Group Ltd.

YTD Price Performance: -77.39%

Average Trading Volume: 792,776

Technical Sentiment Signal: Sell

Current Market Cap: A$6.54M

Find detailed analytics on NVQ stock on TipRanks’ Stock Analysis page.

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