NVQ & LIT Partnership for Tokenisation of Battery Recycling

In a joint announcement, NoviqTech (ASX: NVQ) and Livium (ASX: LIT) have partnered to tokenize environmental benefits from Livium's battery recycling operations through NoviqTech's Carbon Central platform. This collaboration aims to track and verify carbon reductions and mineral circularity, supporting compliance with global regulations on battery traceability and emissions reporting. Livium’s advanced battery recycling processes recover critical minerals, reducing the need for virgin extraction and associated carbon emissions. By using NoviqTech’s Digital Twin technology, Livium aims to align with emerging battery passport standards and regulations. The partnership comes as Livium plans to expand operations nationally, supported by a grant from the WA government. Tokenization on Hedera's distributed ledger ensures credibility and traceability of environmental assets, benefiting both parties commercially and in regulatory compliance. NoviqTech's Carbon Central platform automates sustainability reporting, including emissions reductions, energy efficiency metrics, and traceability of recovered materials. This project lays the foundation for monetizing circularity and emissions reductions in the battery supply chain, supporting the transition to a sustainable model.