Livium Secures Exclusive Five-Year Deal for Lithium Battery Recycling with ZECO Energy

March 03, 2025 12:00 PM AEDT | By Team Kalkine Media

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Livium Secures Exclusive Five-Year Deal for Lithium Battery Recycling with ZECO Energy — Image source: shutterstock

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Highlights

Livium (LVM) signs an exclusive five-year recycling agreement with ZECO Energy.

The deal involves lithium-ion battery recycling from ZECO’s energy storage systems.

This partnership aligns with both companies’ long-term sustainability strategies.

Livium (ASX:LVM) has entered into an exclusive five-year recycling agreement with ZECO Energy, reinforcing its commitment to sustainable battery management and the circular economy. The deal, effective from February 19, 2025, will be managed through Livium’s subsidiary, Envirostream Australia Pty Ltd, and focuses on lithium-ion battery recycling from ZECO’s extensive energy storage network.

The partnership covers the recycling of residential and commercial energy storage system (ESS) battery packs supplied by ZECO, which includes brands such as Tesla and Samsung SDI. With a customer base exceeding 40,000, ZECO's network represents a significant opportunity for responsible battery waste management.

Under this agreement, Livium will generate revenue through processing fees for sorting and recycling the batteries. Additional earnings will come from dismantling, discharging, and transport services. While the contract is exclusive, it does not specify minimum volume commitments, and the exact financial impact remains undisclosed. An option to extend the agreement for an additional three years beyond the initial term further enhances its long-term potential.

This deal aligns with ZECO Energy’s broader sustainability goals, ensuring that end-of-life lithium-ion batteries are managed responsibly rather than ending up in landfills. With rising concerns around battery waste and environmental impact, partnerships like this play a crucial role in promoting sustainable recycling solutions.

Livium continues to expand its footprint in battery recycling, actively seeking exclusive contracts across different sectors. The company’s long-term strategy includes growing its presence in e-mobility and electric vehicle battery recycling, complementing its existing operations in the energy storage market.

As demand for lithium-ion batteries surges, fueled by the rapid growth of renewable energy storage and electric transportation, effective recycling solutions are becoming essential. By securing this deal, Livium positions itself at the forefront of the industry, reinforcing its role as a leader in battery recycling and resource recovery.

This agreement strengthens Livium’s portfolio of strategic partnerships and aligns with its vision for sustainable growth in the circular economy. The company remains focused on securing further opportunities in the recycling sector, ensuring long-term value creation while contributing to environmental sustainability.

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