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Livium Ltd (ASX:LIT)

ALERT: Price-sensitive ASX Announcement for LIT
Current share price for LIT : $0.009 -0.002 (-15%)+
Announcement
Release
26 Feb 2026 9:48AM
Price at Release
$0.010
Full Release
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Summary
Livium Ltd, a leading Australian battery recycler, has executed a five-year lease for a new large-scale recycling facility in Melbourne, which will consolidate its operations and support its strategic growth in the lithium-ion battery resource recovery sector. This new facility, located in Derrimut, is designed to enhance operational efficiency by merging three existing sites into one, allowing for scalable growth in response to increasing battery volumes driven by regulatory reforms expected by 2030. The facility, which is geared towards capturing a projected 12x growth in recycling volumes, includes advanced fire safety systems and substantial office and warehouse space. Livium's approach focuses on maintaining operational flexibility and capital discipline while positioning itself to address the structural shifts in battery stewardship and renewable energy growth.
Key Points
  • Livium Ltd signs a five-year lease for a new recycling hub in Derrimut, Melbourne.
  • The new facility consolidates three sites into one, improving operational efficiency.
  • Livium aims to capture significant growth in lithium-ion battery recycling volumes by 2030.
  • The facility supports scalable growth in line with regulatory changes and expanding battery volumes.
  • Includes advanced safety systems and provides capacity for co-locating technology partners.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.