Highlights
- Livium inks broader three-year recycling and energy deal with BYD Australia
- Agreement opens new prospects in New Zealand and Pacific Islands
- Livium secures over $8 million in combined contracts with strategic partners
Livium Ltd (ASX:LVM) has announced an expanded three-year agreement with electric vehicle giant BYD Australia, marking a notable move within the broader infrastructure and sustainability segment of the ASX200. The extended contract begins in May 2025 and introduces new dimensions beyond battery recycling, incorporating grid systems and clean energy initiatives into its framework.
The agreement also features a one-year extension option and strengthens the relationship between Livium and BYD by signaling deeper collaboration on environmental technologies. Discussions are already underway to explore geographic expansion into markets like New Zealand and the Pacific Islands.
Livium’s leadership emphasized BYD’s confidence in its operational standards, especially regarding governance, safety, and regulatory compliance. This endorsement underlines Livium’s positioning in sectors aligned with long-term sustainability goals—an area of growing investor interest within the ASX200.
In parallel with the BYD contract, Livium secured a new recycling partnership with Australian metal processor Sell & Parker. This agreement is projected to generate at least $3 million in revenue over the next year and an estimated $5 million across its full term. The two contracts combined reflect Livium’s rising presence in Australia’s industrial recycling and energy infrastructure market.
Livium’s battery materials division, VSPC, has also seen momentum, having recently secured a $30 million grant from the Australian Renewable Energy Agency (ARENA). This funding will support research into advanced battery materials and technologies. The company is simultaneously collaborating with Mineral Resources (ASX:MIN) on innovation-driven, leaner technology platforms.
As part of its growth trajectory, Livium is focused on scaling its recycling business further and strengthening its capital base through engagement with institutional and private investors. These developments place Livium among noteworthy industrial players that could appeal to those monitoring ASX dividend stocks, especially within the renewables and infrastructure verticals.
Livium’s ongoing progress across energy storage, recycling, and cross-border partnerships highlights its ambition to be a key contributor to Australia’s energy transition, while creating meaningful inroads into international markets.