NoviqTech-Livium Partnership Launches Tokenisation Platform with $1000 Monthly Fee

A New Digital Frontier in Battery Recycling

In a significant move for sustainable technology and environmental accountability, NoviqTech Limited (ASX: NVQ) and Livium Ltd (ASX: LIT) have announced a project partnership to tokenise the environmental benefits derived from Livium’s advanced battery recycling operations. This collaboration leverages NoviqTech’s Carbon Central platform to create a digital framework that tracks and verifies carbon reductions and mineral circularity, addressing growing global demands for transparency in sustainability reporting.

Harnessing Technology for Transparency and Compliance

At the heart of this initiative is NoviqTech’s Digital Twin technology, which creates a real-time digital replica of Livium’s recycling processes. This allows for precise monitoring of emissions reductions, energy efficiency, and the mass balance of recovered critical minerals such as lithium, nickel, and cobalt. By integrating operational data into a transparent system, the partnership aims to meet emerging global regulations, including battery passport standards that require traceability and accountability across the battery supply chain.

The environmental benefits are tokenised using Hedera’s distributed ledger technology, ensuring that each digital certificate representing carbon savings and mineral recovery is immutable and independently verifiable. This approach not only supports regulatory compliance but also opens avenues for monetising sustainability outcomes, potentially creating new revenue streams for Livium as it scales its operations.

Strategic Expansion and Market Positioning

Livium is preparing for anticipated growth in battery recycling volumes by consolidating its operations onto a larger site and expanding nationally, a plan bolstered by a recent grant from the Western Australian government. This expansion aligns with the partnership’s goal to embed digital innovation into Livium’s processes, enhancing its leadership position in sustainable critical mineral supply chains.

The tokenisation service will operate on a subscription basis, starting with a basic tier fee of $1000 per month, with additional charges based on token volumes once operational. While the exact revenue potential remains uncertain pending confirmation of commercial volumes, the model reflects a flexible and scalable approach to integrating digital sustainability assets into Livium’s business.

Implications for the Battery Industry and ESG Reporting

This partnership exemplifies a broader industry trend towards digitalisation and enhanced ESG (Environmental, Social, and Governance) transparency. By providing verifiable evidence of carbon and resource savings, NoviqTech and Livium are setting new standards for how environmental benefits in battery recycling are quantified and communicated to regulators, customers, and investors alike.

As governments worldwide tighten regulations on carbon emissions and supply chain traceability, initiatives like this could become essential for companies seeking to demonstrate genuine sustainability credentials. The use of blockchain-based tokenisation may also pave the way for innovative financing and trading of environmental assets, potentially reshaping how circular economy principles are implemented in critical mineral sectors.