tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Livium Ltd Highlights Recycling Initiatives Amid Growing Lithium Demand

Story Highlights
Livium Ltd Highlights Recycling Initiatives Amid Growing Lithium Demand

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Lithium Australia NL ( (AU:LIT) ) has shared an update.

Livium Ltd has released a corporate presentation summarizing its recent commercial recycling adjacency activities, though no new material information was disclosed. The company’s focus on sustainable lithium production and its established position in battery recycling and lithium extraction technology are expected to capitalize on the growing demand for lithium-ion batteries, potentially impacting its operations and market positioning positively.

More about Lithium Australia NL

Livium Ltd, formerly known as Lithium Australia, is a company focused on sustainable lithium production. It operates Australia’s leading battery recycling business, produces lithium ferro phosphate (LFP), and has developed a patented lithium extraction technology called LieNA®. The company is positioned to benefit from the increasing global demand for lithium-ion batteries and offers diversification benefits to global supply chains.

YTD Price Performance: -18.75%

Average Trading Volume: 4,988,855

Technical Sentiment Signal: Sell

Current Market Cap: A$22.13M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1