Binding Term Sheet with Iondrive for DES Technology

Livium has signed a binding Term Sheet with Iondrive (ASX: ION) to advance clean energy waste recycling using Iondrive's innovative DES technology. This partnership with Iondrive, combined with the recent collaboration with the University of Melbourne, strengthens

Livium's recycling capabilities across various market opportunities.

The collaboration will support Iondrive's DES process development, with over 95% recovery rates in testing, offering a sustainable alternative. Livium will provide solar panels, lithium-ion battery black mass, and rare earth magnets to Iondrive for evaluation and commercial scalability.

With Australia's shift towards clean energy, opportunities in e-waste recycling, such as solar panels and lithium-ion battery black mass, are growing rapidly. Livium's CEO Simon Linge emphasizes the potential of this partnership for unlocking new recovery pathways in Australia's clean energy waste processing. Iondrive's CEO, Dr. Ebbe Dommisse, highlights the access to feedstocks and scalable DES technology provided by partnering with Livium.

Investors are encouraged to ask questions about this announcement and the company's efforts in sustainable lithium production. Livium aims to lead the global transition to sustainability through its battery recycler Envirostream and patented lithium extraction technology, while Iondrive focuses on innovative metal extraction with DES technology. This partnership marks a significant step towards advancing clean energy waste recycling in Australia.