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The latest announcement is out from Lithium Australia NL ( (AU:LIT) ).
Livium has expanded its recycling agreement with BYD Australia, a subsidiary of BYD Company Limited, to include a broader range of battery products such as commercial vehicle batteries and battery energy storage systems. This new agreement, effective from May 2025 for an initial three-year term, positions Livium as a preferred recycling partner and supports its strategy to secure long-term contracts and diversify its battery sources. The collaboration is set to enhance Livium’s industry positioning and potentially extend its services beyond Australia to New Zealand and the Pacific Islands, aiming to strengthen regional environmental outcomes.
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 Australia’s leading battery recycler, producing lithium ferro phosphate, and developing patented lithium extraction technology. Livium aims to capitalize on the growing demand for lithium-ion batteries, providing diversification benefits to global supply chains.
YTD Price Performance: -37.50%
Average Trading Volume: 5,297,341
Technical Sentiment Signal: Sell
Current Market Cap: A$13.52M
See more data about LIT stock on TipRanks’ Stock Analysis page.