LIT - Livium Ltd

[Dona Ferentes]

It seems LIT has redefined it's purpose, and today announced the sale of remaining 20% of South Greenbushes tenement to Galan GLN. So, what's next?


Lithium Australia (ASX:LIT) is at the forefront of advanced materials development to ensure an ethical and sustainable future for the global battery industry.

Lithium Australia is achieving this via its business divisions:
Envirostream (100%-owned LIT subsidiary):
Envirostream, which is leading Australia’s battery recycling industry, is at the cutting edge of delivering safe and innovative management solutions to one of the Australian waste industry’s biggest (and getting bigger) challenges – battery disposal.

Its state-of-the-art Victorian-based battery processing facilities are providing a sustainable solution by collecting, sorting and processing critical battery metals from all types of spent batteries to power the batteries of tomorrow.

With battery recycling partnerships alongside some of Australia’s leading brands (including Bunnings, Officeworks and Battery World), Envirostream benefits from the Australian government-backed battery recycling scheme which is providing rebates across collection, sorting, and processing of batteries. These combined provide the platform for national expansion.

VSPC (100%-owned LIT subsidiary):
With over 20 years’ experience, VSPC develops leading-edge materials for e-mobility and energy storage applications and, ultimately, a zero-carbon economy. Its patents cover the production of advanced powders for next generation lithium-ion batteries, especially lithium ferro phosphate.

Currently, demand for LFP represents more than half the global market for lithium-ion battery materials. The Company is one of only a few entities outside of China with the technical expertise to manufacture LFP powder of the highest quality to meet those burgeoning market pressures.

VSPC is now on a clear path to production. With a Research & Development facility located in Queensland, a Definitive Feasibility Study for an initial 10,000tpa LFP manufacturing facility is well underway, and with customer offtake discussions advancing in parallel, VSPC is positioning for its first commercial footprint.

Somehow 2022 was not a year of excitement; neither was 2021. The demand for capital is likely to be ongoing, and while the aspiration is for Clean Green, getting to that point looks fraught.

 

[Dona Ferentes]

It seems LIT has redefined it's purpose, and today announced the sale of remaining 20% of South Greenbushes tenement to Galan GLN. So, what's next?.....

....Somehow 2022 was not a year of excitement; neither was 2021. The demand for capital is likely to be ongoing, and while the aspiration is for Clean Green, getting to that point looks fraught.

And more spring cleaning

•  Lithium Australia and Eastern Resources (ASX: EFE) have entered into a binding agreement, with Eastern Resources to acquire 70% of the Lepidolite Hill Lithium Project.
• Eastern Resources to pay a total cash consideration of A$550,000 in three tranches.
• A joint venture partnership between Lithium Australia and Eastern Resources will be formed upon completion.
• Lithium Australia is free carried until the notification that a DFS has been completed.
• Before the DFS notification, Eastern Resources can elect to acquire Lithium Australia’s remaining 30% interest by paying A$1,000,000 in cash or shares.

 

[Dona Ferentes]

flamin' LIT up

Lithium Australia signs landmark joint development agreement with Mineral Resources

HIGHLIGHTS
◼ Lithium Australia signs joint development agreement with leading ASX-listed mining company Mineral Resources related to disruptive lithium extraction technology LieNA®
◼ MinRes has extensive operations in lithium and mining services across Western Australia, with a market capitalisation of A$13.6bn
◼ MinRes will solely fund the development and operation of a pilot plant up to the total budgeted cost of A$4.5 million and provide raw materials for the pilot plant at no cost to Lithium Australia, with Lithium Australia to contribute its LieNA® technology
◼ Subject to the results of the pilot plant, MinRes and Lithium Australia will form a 50:50 joint venture to own and commercialise the LieNA® technology through a licensing model
◼ MinRes can elect to sole fund, develop and operate a demonstration scale plant under a license agreement with the joint venture
◼ This licence will apply to current and future projects of MinRes and is based on a targeted headline gross product royalty rate of 8.0% with a first mover discount applied.

 

[JohnDe]

flamin' LIT up

Lithium Australia signs landmark joint development agreement with Mineral Resources

HIGHLIGHTS
◼ Lithium Australia signs joint development agreement with leading ASX-listed mining company Mineral Resources related to disruptive lithium extraction technology LieNA®
◼ MinRes has extensive operations in lithium and mining services across Western Australia, with a market capitalisation of A$13.6bn
◼ MinRes will solely fund the development and operation of a pilot plant up to the total budgeted cost of A$4.5 million and provide raw materials for the pilot plant at no cost to Lithium Australia, with Lithium Australia to contribute its LieNA® technology
◼ Subject to the results of the pilot plant, MinRes and Lithium Australia will form a 50:50 joint venture to own and commercialise the LieNA® technology through a licensing model
◼ MinRes can elect to sole fund, develop and operate a demonstration scale plant under a license agreement with the joint venture
◼ This licence will apply to current and future projects of MinRes and is based on a targeted headline gross product royalty rate of 8.0% with a first mover discount applied.

View attachment 160626

Hopefully just the start.

 

[JohnDe]

Lithium battery recycling moving positively forward.

Lithium Australia gears up for transformative 2024; recycling, technology in focus

Lithium Australia Ltd (ASX:LIT, OTC:LMMFF) is poised for a transformative year in 2024, fuelled by ambitious plans for its recycling operations and patented technologies.

In a message to shareholders, LIT managing director and chief executive officer Simon Linge said the company strengthened its position as Australia’s leading battery recycling business in 2023 when it focused and made progress in four key areas:

Developing safer systems of operation;

• Securing higher volumes of lithium-ion batteries (LIB);
• Adjusting its commercial model to ensure pricing reflected service levels; and
• Optimising its operating model to improve efficiencies.
• In the note, Linge outlined the company's progress in 2023 and unveiled the roadmap for the year ahead.

Year of solid growth and strategic partnerships​

The past year saw LIT achieve significant milestones, solidifying its position as a leader in the battery recycling space.

Recycling volumes surged, with large-format and small-format LIBs seeing 80% and 41% growth, respectively.

This surge reflects the company's focus on securing future battery supply through strategic partnerships and commercial agreements.

“We have worked with customers to change the approach to pricing and service, with a view of securing longer-term contracts,” Linge said.

“We will continue to focus on this area in the year ahead.”

Safety remained a top priority, with advancements in both infrastructure and culture.

Operational efficiency was also prioritised, with "lean manufacturing" principles implemented to optimise processes and equipment.

Operational and equipment improvements in progress.

On the technology front, partnerships played a key role.

A landmark joint development agreement with Mineral Resources will see LieNA®, LIT's novel lithium extraction process, progress towards commercialisation through the development and operation of a pilot plant as well as an engineering study for a plant.

Similar agreements are being pursued for the company's lithium ferro phosphate (LFP) and lithium manganese ferro phosphate (LMFP) battery material products, which offer a promising alternative to existing Chinese manufacturers.

2024: A year of execution and expansion​

Looking ahead, LIT will focus on executing its strategy across both its recycling and technology arms.

For its recycling business, the company aims to:

• Grow LIB recycling volumes - Expanding customer base and securing long-term supply agreements are key to maintaining its leading position in Australia;
• Expand footprint - Ensuring national reach to maintain market leadership; and
• Secure long-term supply and offtake agreements - Locking in future feedstock and ensuring efficient operations.

LieNA® will see major advancements in 2024, with the joint development scope with Mineral Resources taking centre stage.

The completion of a preliminary engineering study for the demonstration plant and the agreed piloting activities are crucial steps towards commercialisation, where the 50:50 joint venture hopes to earn fees from licensing the technology.

The LFP/LMFP technology will also see continued development, with off-take agreements, raw material supply agreements, and further engineering studies for a demonstration facility on the horizon.

“To enable this, we will be leveraging assistance and support from all levels of government,” Linge added.

 

[JohnDe]

I'm not sure why a MOU with CXM has been beneficial in keeping LIT SP in the green in todays' sea of red.

Lithium Australia signs MOU with Centrex regarding the development of LFP manufacturing

Lithium Australia Ltd. (ASX:LIT) (“Lithium Australia” or the “Company”) is pleased to announce that Centrex Limited (ASX:CXM) (‘Centrex’) has released an announcement relating to a recently signed memorandum of understanding (“MOU”) with Lithium Australia. The MOU is in relation to the potential development of a lithium ferro phosphate (“LFP”) and lithium manganese ferro phosphate (“LMFP”) cathode active material manufacturing plant in Australia.

 

[JohnDe]

Good news has been received well, let's see how long that lasts.

https://cdn-api.markitdigital.com/apiman-gateway/CommSec/commsec-node-api/1.0/event/document/1410-02826827-09C0GMO6RJPV12NMQTPO98EA4V/pdf?access_token=0007DgMEJVVVDlUxvYVAzOPesSN1

 

[JohnDe]

Not much incetive -

Share Purchase Plan​

Lithium Australia recognises the ongoing support of its large retail shareholder base and is pleased to offer the​

SPP to all eligible shareholders. The SPP is being issued at a price of A$0.021 per new share (“Offer Price”). The​

Offer Price represents an 8.7% discount to the 5-day VWAP and last closing price of A$0.023 per share as at 19​

July 2024.​

 

[JohnDe]

Wow, this is big -

Lithium Australia signs new exclusive battery recycling agreement with BYD Auto

HIGHLIGHTS

• Lithium Australia has signed a new exclusive agreement with BYD Auto Industry CompanyLimited (hereinafter referred to as “BYD Auto”) to provide battery recycling services for all New Energy vehicles1 end-of life batteries in Australia
• BYD Auto, the automotive subsidiary of BYD Company Limited, is a global leader in New Energy vehicles, delivering a record ~3 million New Energy vehicles globally in 20232 and holds ~14% of Australia’s EV market share after entering the market in 20223
• The exclusive agreement has an initial term of 3 years, and the Company expects to significantly increase large-format lithium-ion battery collection volumes given the scale of BYD Auto
• Lithium Australia remains focused on executing its strategy of signing recycling agreements with leading EV and ESS manufacturers to secure future lithium-ion battery supply
• Lithium Australia’s recycling operations continue to achieve operating cash profits into FY25following the maiden operating cash profit in Q4 FY24

 

[JohnDe]

Big changes are afoot.

https://cdn-api.markitdigital.com/apiman-gateway/CommSec/commsec-node-api/1.0/event/document/1410-02850226-559OBNV75TT83AHL0VET24G873/pdf?access_token=00072sy9RN7jSlwqwYWus4GrVMKV

 

[JohnDe]

Big business just loves to spend money on name changes and all the expenses that go with it.

Change of Company Name​

​

Lithium Australia Limited (ASX: LIT) (the “Company”) is pleased to advise that following receipt of shareholder approval at the Company’s Annual General Meeting held on 29 October 2024, the Company has changed its name from Lithium Australia Limited to Livium Ltd.​

​

The change of Company name process has now been completed with the Australian Securities and Investments Commission effective from 30 October 2024.​

​

The Company’s ASX code will remain as ‘LIT.’​

​

In accordance with ASX Listing Rule 15.4, please find attached a copy of the Company’s Constitution updated for the change of name.​

​

The Company will migrate to a new website in coming days, and will update the market of this change in due course​

 

[Dona Ferentes]

Change of Company Name​

, the Company has changed its name from Lithium Australia Limited to Livium Ltd.​

​

well that passes the pub test, especially after a few rounds

 

[System]

On November 7th, 2024, Lithium Australia Limited changed its name to Livium Ltd.

 

[frugal.rock]

well that passes the pub test, especially after a few rounds

I feel the new name is a combo of livid & lithium, for all the lithium investors that have lost out on lithium.

 

[Dona Ferentes]

I feel the new name is a combo of livid & lithium, for all the lithium investors that have lost out on lithium.

some still punting. $0.014

Successful A$4.5m Placement to Drive Commercial Growth following A$30m ARENA Grant​

HIGHLIGHTS
▪ Firm commitments received from sophisticated and professional investors for a A$4.5m placement, bringing several new strategic family offices and institutions to the register
▪ Strong demand for the placement followed the announcement that Livium’s 100% wholly-owned subsidiary, VSPC, executed a binding agreement for a grant of up to A$30m with ARENA for the Australian LFP Demonstration Plant
▪ The funding from ARENA is a significant catalyst and was secured following an extensive due-diligence process, including independent technical assessment
▪ Funds raised from the placement will be used for general working capital including
progressing the Australian LFP Demonstration Plant, increasing LIB2 collections for recycling and to repay the outstanding Lind facility
▪ Leading Melbourne-boutique, Peak Asset Management led the placement process

Placement comprises the issue of 331,404,580 new fully paid ordinary shares in the Company at an issue price of A$0.0135 per share.

 

[frugal.rock]

Learths

10 June 2025
Livium targets Rare-Earth Element (REE)
Extraction Technologies to Expand its Circular Portfolio

HIGHLIGHTS

▪ Livium has commenced discussions with Australian and International developers of REE
extraction technologies, to leverage its circular expertise and support the growing demand for REE recycling
▪ REE extraction represents an extension of recycling services for Livium’s enterprise client base, with discussions progressing with REE extraction developers focused on collaboration, including licensing
▪ Automakers such as Ford and Suzuki are facing component shortages due to restrictions on
Chinese exports of rare earths, minerals and magnets, an issue that has forced some to shut down production of certain models1
▪ The global REE market is estimated to be worth $9.6 billion2 by 2026, with recycling
representing a subset of this and a significant untapped commercial opportunity for Livium
▪ REE extraction provides a future opportunity to leverage Livium’s core competencies and supply chain within which it operates, particularly in clean energy generation and e-mobility.

 

[Dona Ferentes]

.

Livium Signs Term Sheet to Secure Exclusive Global Rights to Microwave Technology for Rare Earth Elements Extraction​

HIGHLIGHTS
▪ Livium has signed a Term Sheet with the University of Melbourne to secure exclusive global rights to the use of innovative Microwave technology in REE extraction
▪ Livium’s existing exposure to REE end-of-life supply chain and existing infrastructure provides a direct commercial opportunity to expand its recycling service offering
▪ Recovery rates include >95% Neodymium (Nd) and >80% Praseodymium (Pr) (potential to achieve >90%), with an estimated 85% energy reduction relative to “Hot Block” technology
▪ UoM’s selective leaching approach obtains higher concentrates compared to traditional pathway, whilst reducing the usage of acids and reagents, and reducing wastewater
▪ The collaboration will enable the design and build of an Australian-first prototype, with Livium providing feedstock and technical input to the UoM research team
▪ Global REE market expected to grow to US$7.3 Billion by 2026 with recycling largely untapped
▪ Livium and UoM are now working towards execution of a binding IP licensing agreement