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Highlights
- Livium nears agreement worth over A$1 million with metal recycler
- Project to enhance battery recycling operations into FY26
- Supports strategic growth in exclusive recycling partnerships
Livium Ltd (ASX:LVM) is on the verge of securing a major commercial milestone, with the company currently in advanced discussions to finalise a battery recycling contract valued at more than A$1 million. The proposed agreement is with national metal recycler Sell & Parker Pty Ltd, and it would account for approximately 15% of Livium’s total revenue for the 2024 financial year — a notable step forward in its strategic growth plans.
The contract is expected to be executed through Livium’s wholly owned subsidiary, Envirostream Australia Pty Ltd, which specialises in end-of-life battery recycling services. If completed, the agreement would reinforce Livium’s position as a leading player in the battery recycling space, particularly as demand for sustainable disposal and recovery of materials continues to rise.
Sell & Parker, a well-established national recycler, employs more than 400 people across eight facilities throughout Australia. This partnership would enable Livium to broaden its operational scope by increasing its material collection volume, particularly as the deal is anticipated to kick off by late April 2025. The boost in collection volumes is projected to carry momentum through the remainder of FY25 and into the first half of FY26.
Beyond the revenue implications, the deal also reflects Livium’s broader strategy of targeting exclusive contracts in the recycling sector while aiming to diversify the sources of its battery feedstock. By partnering with a large-scale, nationally recognised metal recycler, Livium seeks to secure long-term value through an expanded pipeline of recyclable materials and consistent collection volumes.
Although the agreement remains under negotiation, the scale and scope of the proposed deal highlight a turning point in Livium’s commercial roadmap. The potential for a long-term relationship with Sell & Parker could position Livium for further growth in the fast-evolving battery recycling market — a sector increasingly aligned with global sustainability efforts and circular economy principles.
If finalised, the partnership stands to bring significant operational and financial upside, strengthening Livium’s market footprint and aligning with its mission to lead in environmentally responsible resource recovery.
This move underscores Livium’s commitment to building enduring commercial relationships while scaling its recycling infrastructure to meet growing demand for clean-tech services.
