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Livium Ltd (ASX:LIT)

ALERT: Price-sensitive ASX Announcement for LIT
Current share price for LIT : $0.009 -0.001 (-10%)+
Announcement
Release
30 Apr 2026 8:31AM
Price at Release
$0.010
Full Release
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Summary
Livium Ltd's quarterly activities report for March 2026 highlighted strong performance and strategic advancements in battery recycling and other initiatives. The company reported revenues of A$1.73 million with a gross profit of A$0.91 million, driven by the recycling of 304 tonnes of batteries, including lithium-ion batteries. Livium continued to progress its recycling infrastructure with the execution of a centralized Recycling Hub in Derrimut, Victoria, and enhanced its technology programs in solar panel and rare earth element recycling. The company maintained a cash balance of A$4.2 million, while exploring strategic partnerships and M&A opportunities to support its growth. The report also detailed the progress in the University of Melbourne's Rare Earth Elements extraction program and advancements in photovoltaic recycling strategies.
Key Points
  • Livium reported revenues of A$1.73 million and a gross profit of A$0.91 million.
  • 304 tonnes of batteries were recycled, with 150 tonnes being lithium-ion.
  • The company executed a five-year lease for a centralized Recycling Hub in Derrimut, Victoria.
  • Enhanced technology programs in solar panel and rare earth element recycling.
  • Cash balance was A$4.2 million as of March 31, 2026.
  • Continued progress in partnerships and strategic growth opportunities.
  • Advancements in Rare Earth Elements extraction with University of Melbourne.
  • Photovoltaic recycling strategy advanced with high silver recovery rates.
  • Livium's subsidiary, Envirostream, is Australia's leading lithium-ion battery recycler.
  • Focus on aligning infrastructure and technology to support growing recycling volumes.
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.