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Lithium Australia NL ( (AU:LIT) ) just unveiled an update.
NoviqTech and Livium have announced a partnership to tokenize the environmental benefits of 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, supporting compliance with global regulations. The initiative positions Livium to align with emerging battery passport standards and regulations, as they plan to expand operations nationally. The use of Hedera’s distributed ledger ensures the credibility and traceability of environmental assets, creating commercial value through trusted environmental disclosures.
More about Lithium Australia NL
Lithium Australia NL is involved in the battery recycling industry, focusing on recovering critical minerals such as lithium, nickel, and cobalt from end-of-life batteries. The company aims to reduce the need for virgin extraction and associated carbon emissions, aligning with global regulations on battery traceability and carbon emissions reporting.
Average Trading Volume: 4,600,608
Technical Sentiment Signal: Sell
Current Market Cap: A$16.91M
See more data about LIT stock on TipRanks’ Stock Analysis page.