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Lithium Australia’s battery recycling division wins key permit to expand Victorian operations

Highlights

  • Lithium Australia’s subsidiary Envirostream has secured a land use permit for a much larger site in Laverton. 
  • The site boosts Envirostream's storage capacity by around 300% and sorting capacity by nearly 100%.
  • The recycling operational space expansion ahead of the BSS would allow Envirostream to cater to the anticipated increase in volumes of spent batteries. 

A national leader in battery collection and recycling, and a 90%-owned subsidiary of Lithium Australia NL (ASX:LIT), Envirostream Australia Pty Ltd, is positioned well to ramp up its recycling operations and meet the expected increase in volumes of spent batteries. 

In a strategic development ahead of the Battery Stewardship Scheme (BSS) to be rolled out next month, Envirostream has secured a land use permit for a much larger Laverton site in Victoria. The new facility is expected to underpin growth in sales of recycled battery products to both national and international customers.

ALSO READ: Lithium Australia inches closer to commercialisation of next-gen LieNA® technology

Triggered by the significant update, LIT shares edged up 4.76% from the previous close, trading at AU$0.110 on 22 December 2021.

An overview of Laverton site permit 

The green signal for the new site in Laverton, which is located within the Wyndham City Council precinct, has expanded Envirostream’s Victorian operations. The Company indicated that Envirostream staff worked with all relevant Victorian regulatory bodies, including Worksafe, FRV, EPA and the Wyndham City Council, to achieve the encouraging outcome.

The Wyndham City Council has issued a permit to allow 'Materials Recycling' at Laverton.

Laverton site, LIT

Sorting equipment in situ at the Laverton site (Image source: LIT update, 22 December 2021)

ALSO READ: Lithium Australia (ASX:LIT) files patent with IP Australia for battery recycling process

The second facility in Laverton increases Envirostream's storage capacity by around 300% and sorting capacity by around 100%. Laverton is permitted to store 300 tonnes of batteries at a single time. Moreover, installation of new modules is capable of sorting 4,000 kilograms of mixed spent batteries daily. 

The site is now fully permitted to:

  • receive end-of-life batteries and electronic waste
  • store, sort, shred and separate end-of-life batteries and electronic waste
  • sell a mixed-metal-dust product to customers

ALSO READ: Lithium Australia (ASX:LIT) files patent applications for battery recycling process 

Battery Stewardship Scheme to boost battery recycling settings

The national Battery Stewardship Scheme involves establishing the handheld battery collection network, resulting in increases in volumes of spent batteries.

The installation of new modules at Laverton is expected to increase throughput while capturing necessary data for customers, regulators, and the Battery Stewardship Council. The expansion of operational space with its second site puts Envirostream ahead of demand for electric vehicle and energy storage system battery dismantling.           

ALSO READ: Giant leap for Lithium Australia as Envirostream bags a 99-year battery recycling licence    

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