Update on insurance claims related to Envirostream
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Update on insurance claims related to Envirostream
Livium has provided an update on the insurance claims related to the fire at Envirostream in 2019.
The insurance claim period has passed, with no new claims expected. Settlement proceedings have progressed between certain claimants and Envirostream's insurance company, potentially releasing the A$7.5m provision from the Company's balance sheet. Litigated claims are expected to be settled by the insurance company following the discovery process and mediation.
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