Envirostream update

Livium is pleased to announce advancements in discussions with key clients such as BYD and ZECO Energy to drive an uplift in recycling volumes. The company has secured long-term agreements with major players like Volvo, Hyundai, and LG Energy Solutions, and is actively engaged in discussions with international companies for additional revenue streams. Expansion plans are underway, and funding is being progressed through government grants and strategic investment partners as volumes increase. Envirostream, a wholly-owned subsidiary, is focused on securing long-term servicing agreements and project agreements to grow volumes over time. New opportunities and sources of end-of-life batteries are being identified and progressed by the General Manager of Strategy and Business Development, Daniel Castro. The addressable market for end-of-life lithium-ion battery recycling is estimated to be A$122 million by 2030, and Livium is well-positioned to capitalize on this growth. Livium CEO Simon Linge emphasizes the focus on growing volumes to improve financial performance in the short term while scaling operations to meet future demand. Investors are encouraged to inquire about partnership and growth funding options as the company navigates through this exciting phase.