Livium (ASX:LIT) Drives National Battery Recycling Growth Strategy | ASX 300

Highlights

• Livium refocuses business on battery recycling, shifting away from non-lithium chemistries

• Capacity expansion and regional facility development underpin nationwide scaling

• Joint venture, LFP plant funding and rare earth recovery round out diversification plans

Lithium and battery recycling company Livium Ltd (ASX:LIT), listed on the ASX 300, has announced a renewed strategic direction as it enters the new financial year. The company’s chief executive, Simon Linge, confirmed that Livium’s core focus will now centre on battery recycling as the primary engine of long-term growth, while maintaining active operations in battery materials and lithium chemicals.

Linge outlined the evolving business structure in a shareholder communication, noting the shift enables better utilisation of the company’s capabilities across supply chains, technology, and logistics.

Lithium-Ion Focus Enhances Margins and Resource Efficiency

Livium’s decision to prioritise lithium-ion batteries over other chemistries in late FY24 marked a pivotal change in operational dynamics. While this move led to a drop in overall recycling volumes, the transition to large-format batteries used in electric vehicles and energy storage significantly enhanced profitability and processing efficiency.

The company has expanded its customer base within the energy, e-mobility, and embedded battery sectors, resulting in a reduced reliance on a limited number of partners. Management reports that increased diversity among clients is expected to continue driving throughput from both existing and new channels.

National Growth Anchored by Spoke and Hub Model

Livium’s growth blueprint is centred on a “Spoke and Hub” framework to support decentralised dismantling and centralised black mass processing. The initial Spoke facility, backed by a grant from the Western Australian government, will be located in Western Australia, enabling improved access to battery waste streams from the mining and industrial sectors.

The Spoke network will deliver logistical and safety efficiencies across Australia, feeding materials into the Victorian Hub, which may undergo a threefold capacity expansion to accommodate growing demand.

This regionalised approach is aimed at scaling operations in alignment with local preferences and industry-specific requirements, including infrastructure and heavy industry.

Funding Focused on LFP Demonstration and Rare Earth Recycling

The Battery Materials division, led by VSPC Pty Ltd, is developing a lithium ferro phosphate (LFP) demonstration plant. Half of the required funding has been granted through the Australian Renewable Energy Agency, while Livium actively seeks additional partners to complete financing. If no appropriate partner is secured by early FY26, the company may reassess its options to safeguard capital.

In parallel, Livium is exploring complementary recycling verticals. The group has identified electronic waste, solar panel modules, and rare earth recovery as natural extensions of its current platform. These segments are being evaluated for alignment with existing operational and customer frameworks.

LieNA Joint Venture Nears Execution Stage

The Lithium Chemicals segment, through subsidiary LieNA Pty Ltd, is advancing a joint venture with Mineral Resources Ltd (ASX:MIN). The agreement is progressing toward finalisation following completion of technical and commercial studies under Stage 1A.

Upon finalisation, both parties will convert an existing Convertible Note Deed into an equal partnership to commercialise LieNA® extraction technology, supporting diversification into processing innovation and lithium refinement.

Livium Enters FY26 with Renewed Strategy and Broader Circular Focus

With a national rollout underway and a disciplined capital approach, Livium is positioning itself at the intersection of technology-driven recycling, energy transition and material recovery. Its sharpened focus on battery recycling, expansion of processing capacity, and diversification into new streams underpin a platform for sustained development in the circular energy economy.