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Livium Extends Battery Recycling Agreement with LG Energy Solution

Story Highlights
  • Livium’s Envirostream extends its battery recycling agreement with LG Energy Solution until 2029.
  • The agreement strengthens Envirostream’s position in the lithium-ion battery recycling market, supporting growth and client acquisition.
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Livium Extends Battery Recycling Agreement with LG Energy Solution

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Lithium Australia NL ( (AU:LIT) ) just unveiled an update.

Livium Ltd’s subsidiary, Envirostream, has extended its agreement with LG Energy Solution to provide battery recycling services until 2029. This extension solidifies Envirostream’s position in the high-growth lithium-ion battery recycling market, aligning with its strategic priorities for growth and potentially attracting more market-leading clients.

More about Lithium Australia NL

Livium Ltd, formerly known as Lithium Australia, is a company focused on enabling sustainable lithium production. It operates Envirostream, Australia’s leading battery recycler, and is involved in commercializing patented lithium extraction technology through a joint venture, as well as producing critical battery materials through its subsidiary VSPC.

YTD Price Performance: -18.75%

Average Trading Volume: 4,964,645

Technical Sentiment Signal: Sell

Current Market Cap: A$22.13M

For an in-depth examination of LIT stock, go to TipRanks’ Overview page.

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