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Lithium Australia NL ( (AU:LIT) ) has shared an update.
Livium Ltd has announced the issuance of 65,526,778 options exercisable at $0.02, which will expire on 28 April 2028. This issuance follows the Options Prospectus lodged on 21 October 2025, and the offer has now closed with all securities issued. This move is part of Livium’s broader strategy to enhance its financial position and operational capabilities, potentially impacting its market positioning by providing additional capital for its recycling and technology development initiatives.
More about Lithium Australia NL
Livium Ltd, formerly known as Lithium Australia, is a company focused on leading the clean energy transition by securing critical materials through sustainable material recovery. The company specializes in recycling clean energy waste, with its subsidiary Envirostream being Australia’s leading lithium-ion battery recycler. Livium is expanding its services to include processing black mass and recycling solar panels and rare earth elements. Additionally, Livium has developed innovative technologies such as the LieNA® lithium extraction technology and a next-generation lithium ferro phosphate (LFP) process through its subsidiary VSPC.
Average Trading Volume: 5,883,918
Technical Sentiment Signal: Sell
Current Market Cap: A$23.83M
For an in-depth examination of LIT stock, go to TipRanks’ Overview page.