Livium targets Rare-Earth Element extraction technologies
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Livium targets Rare-Earth Element extraction technologies
Livium is targeting Rare-Earth Element (REE) extraction technologies to expand its circular portfolio, engaging with developers to support the growing demand for REE recycling.
Automakers facing component shortages due to restrictions on Chinese exports highlight the importance of this move, with the global REE market estimated at $9.6 billion by 2026. REE extraction aligns with Livium's core competencies in clean energy and e-mobility, presenting a significant commercial opportunity. Livium's engagement with REE extraction technologies complements its recycling business and patented technologies, positioning the company as a recycling innovator focused on sustainable critical materials recovery. The company's subsidiary, Envirostream, is already involved in similar processes, connecting to the REE end-of-life supply chain through clean energy and e-mobility clients. The potential of REE recycling is strong and is a natural extension of our businesses.
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