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Livium Ltd (ASX:LIT)

ALERT: Price-sensitive ASX Announcement for LIT
Current share price for LIT : $0.008 -0.001 (-11.11%)+
Announcement
Release
30 Jul 2026 10:12AM
Price at Release
$0.009
Full Release
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Summary
The quarterly activities and cash flow report for Livium Ltd for the period ending June 2026 highlights significant developments in their battery recycling operations through Envirostream, their subsidiary and Australia's leading lithium-ion battery recycler. Revenue was recorded at A$1.65 million with a gross profit of A$0.64 million, impacted by the mix of battery volumes. The company continued to expand its recycling services with initiatives like a new framework agreement with CATL and further processing capabilities. Livium also addressed strategic funding needs through agreements with The Lind Partners to secure funding for ongoing operations and potential VSPC developments. The report indicates Livium's commitment to strengthening its market position in battery recycling and exploring adjacent opportunities in solar panel recycling and rare earth element recovery.
Key Points
  • Envirostream achieved revenue of A$1.65 million in Q4 FY26.
  • Gross profit for the quarter was A$0.64 million, with a gross margin of 39%.
  • Livium formalized a recycling services framework with CATL.
  • The company launched a Share Purchase Plan to secure funding.
  • A strategic alliance and investment discussions are ongoing with a multinational organization.
  • Livium completed the relocation of its operations to the Derrimut Hub.
  • The company seeks to become cash neutral through cost management and growth in recycling revenues.
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.