InvestSMART

Livium Ltd (ASX:LIT)

ALERT: Price-sensitive ASX Announcement for LIT
Current share price for LIT : $0.008 -0.001 (-11.11%)+
Announcement
Release
9 Jun 2026 9:00AM
Price at Release
$0.009
Full Release
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Summary
Livium Ltd has executed a new Battery Recycling Framework Agreement with CATL HK, a subsidiary of the world-leading lithium-ion battery manufacturer Contemporary Amperex Technology Co., Limited. This Agreement formalizes the existing relationship wherein Envirostream, a wholly-owned subsidiary of Livium, will provide comprehensive battery recycling services including collection, logistics, dismantling, and processing. The Agreement is non-exclusive, lacks minimum volume commitments, and has a term extending to May 15, 2029. This strategic partnership aims to support CATL’s regional operations and enhances Livium’s position within the circular battery economy as battery volumes increase in Australia.
Key Points
  • Livium Ltd has entered a new Battery Recycling Framework Agreement with CATL HK, a subsidiary of Contemporary Amperex Technology Co., Limited.
  • The Agreement formalizes an established working relationship between Envirostream and CATL.
  • Envirostream will provide battery collection, logistics, and recycling services.
  • The Agreement does not include minimum volume commitments.
  • The Agreement has an initial term through May 15, 2029.
  • The partnership reinforces Livium's role in the circular battery economy.
  • The Agreement supports CATL's regional operations and end-of-life battery management requirements.
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.