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Livium Ltd (ASX:LIT)

ALERT: Price-sensitive ASX Announcement for LIT
Current share price for LIT : $0.009 -0.002 (-18.18%)+
Announcement
Release
16 Apr 2026 9:31AM
Price at Release
$0.011
Full Release
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Summary
Livium Ltd, through its subsidiary Envirostream Australia Pty Ltd, has executed a variation of its agreement with Sell & Parker Pty Ltd. The variation extends the agreement by one year, introduces a deposit scheme to support processing capacity development, and aims to accelerate volumes under the agreement. This move is expected to increase volume receipts immediately, which will be processed at Envirostream's Campbellfield facility. An additional processing line is planned for Campbellfield, anticipated within six to eight weeks. The deposit will be repaid from future invoices upon reaching certain volume thresholds. This variation aims to address slower than anticipated volume receipts and underscores the strong relationship between Livium and Sell & Parker. Simon Linge, CEO of Livium, highlights that the variation aligns with their capacity expansion and growth plans.
Key Points
  • Extension of agreement with Sell & Parker by one year.
  • Introduction of a deposit to support processing capacity development.
  • Immediate increase in volume receipts anticipated.
  • Processing to continue at Envirostream's Campbellfield facility.
  • Additional processing line expected within six to eight weeks.
  • Deposit repayment linked to volume thresholds.
  • Variation addresses slower volume receipts than expected.
  • Strengthens relationship between Livium and Sell & Parker.
  • Supports capacity expansion and growth strategy.
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.