Livium Ltd has solidified its position in the clean energy recycling sector with new contracts, a key patent, and a $4.5 million capital raise, setting the stage for accelerated growth in lithium-ion battery and rare earth element recycling.
- Completed strategic shift to focus on lithium-ion battery recycling
- Achieved $1.3 million revenue and collected 197 tonnes of batteries in Q2 FY26
- Secured new contracts with Synergy and Fisher & Paykel
- Obtained Australian patent for wet shredding lithium-ion battery process
- Raised $4.5 million to fund expansion and technology development
Strategic Focus on Battery Recycling
Livium Ltd (ASX – LIT) has marked a significant milestone in its evolution by completing a strategic transition to concentrate on recycling clean energy waste, primarily lithium-ion batteries. This shift underpins the company’s commitment to supporting Australia’s clean energy supply chain through sustainable resource recovery.
In the December 2025 quarter (Q2 FY26), Livium’s subsidiary Envirostream Australia Pty Ltd, the country’s leading lithium-ion battery recycler, reported revenue of A$1.3 million and collected 197 tonnes of batteries, with lithium-ion batteries comprising 72% of the total. While revenue and gross profit margins saw a slight dip compared to the prior period, the company attributes this to a higher proportion of smaller battery formats, which carry increased processing costs.
New Contracts and Operational Expansion
Livium secured pivotal new contracts during the quarter, including with Synergy, Western Australia’s largest electricity generator and retailer, to manage the end-of-life Alkimos Community Battery. Additionally, the luxury appliance brand Fisher & Paykel engaged Envirostream to process their emerging energy storage batteries in Australia, signaling growing industry confidence in Livium’s capabilities.
To enhance processing capacity, Livium is finalising lease negotiations for a new centralised “Hub” facility in Victoria. This Hub is designed to consolidate operations, enable 24/7 processing, and allow for future capacity expansions up to threefold. Complementing this, the company is developing regional “Spokes” for battery collection and pre-processing, with Western Australia identified as a key location supported by a recent A$850,000 grant.
Technology and Intellectual Property Advances
Livium’s technology portfolio continues to strengthen. The company secured an Australian patent protecting its innovative wet shredding and separation process for lithium-ion battery recycling, which offers enhanced safety and improved capture of volatile compounds. This patent extends protection through 2041, reinforcing Livium’s competitive edge.
Further, Livium executed exclusive global rights agreements with the University of Melbourne for microwave-assisted rare earth element (REE) extraction technology. Early testwork has demonstrated leach efficiencies exceeding 90% for critical elements like Neodymium and Praseodymium, with prototype-scale testing planned to advance commercialisation.
In solar panel recycling, Livium shipped 600 end-of-life photovoltaic panels to South Korea’s Won Kwang S&T to validate advanced recovery technologies targeting silver and other valuable materials, marking another step in diversifying its recycling verticals.
Financial Position and Corporate Developments
To support its growth ambitions, Livium completed a successful A$4.5 million placement to institutional and sophisticated investors, exceeding demand by over 200%. The funds will accelerate national lithium-ion battery collections, support the new Hub facility, and advance rare earth and solar panel recycling initiatives.
As of 31 December 2025, the company held a cash balance of A$5.7 million, bolstered by A$1.4 million in R&D tax incentive rebates. In a move to align executive incentives with strategic priorities, Livium adjusted director and CEO remuneration, incorporating zero-exercise-price options tied to performance and retention.
Looking ahead, Livium’s CEO Simon Linge emphasised disciplined execution and technology-led growth as the company seeks to capitalise on the expanding market for battery recycling and critical mineral recovery.
Bottom Line?
Livium’s blend of strategic contracts, patented technology, and fresh capital positions it well; but execution and market uptake will be key to sustaining momentum.
Questions in the middle?
- How quickly will the new Victoria Hub ramp up processing capacity and impact margins?
- What are the commercial prospects and timelines for scaling the microwave-assisted REE extraction technology?
- How will regulatory developments and battery stockpiling trends affect volume consistency in the near term?