Livium

What Livium does

Livium Ltd (ASX: LIT), formerly Lithium Australia Limited and founded in 2007, is an Australian public company building a vertically integrated circular-economy business across the lithium-ion battery value chain. It operates through three core technology areas: Lithium Chemicals, where patented LieNA® and SiLeach® processes developed with ANSTO Minerals extract lithium from spodumene, mica minerals, and mining waste at materially improved yields; Battery Materials, where its wholly owned VSPC subsidiary manufactures LFP and LMFP cathode active materials using a proprietary RC production process (one of few commercially validated non-Chinese LFP processes, independently validated by Novonix); and Battery Recycling, where Envirostream Australia runs EPA-licensed wet-shredding and washing lines recovering approximately 95% of battery materials, with current capacity of 3,000 tonnes per annum.

The company monetizes through three streams: per-kilogram battery recycling fees from enterprise customers (BYD Australia, ZECO Energy, Hilti, DB Schenker, LG Energy Solution, Hyundai) plus revenue from recovered copper, aluminium, and mixed metal dust sold back to battery manufacturers; sale and licensing of LieNA® and SiLeach® technologies to lithium miners (joint development with Mineral Resources); and forthcoming LFP/LMFP cathode material sales once the ARENA-funded A$30 million demonstration plant is built. Go-to-market is enterprise field sales with a dedicated Customer Solutions team and an online Recycling Hub portal for bookings; the model also includes a novel customer-funded capacity-expansion mechanism where anchor partners provide upfront deposits to fund new processing lines. Livium is headquartered in Derrimut, Victoria, with operations in Campbellfield, Brisbane, and Wacol, and is expanding geographically into New Zealand through its CATL HK framework agreement. Adjacent-market expansions are underway in black mass processing, solar panel recycling (with Won Kwang S&T), and rare earth element recovery (with Iondrive and the University of Melbourne).

Name

Livium

Legal name

Livium Ltd

Website

https://liviumcorp.com

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

51–100 employees

Short description

Livium Ltd (ASX: LIT) is an Australian public company operating across the lithium-ion battery value chain through three divisions: lithium extraction technologies (LieNA® and SiLeach®), LFP/LMFP cathode materials manufacturing (via VSPC), and onshore battery recycling (via Envirostream Australia, 3,000 tpa). It serves enterprise customers in EV, energy storage, power tools, and battery manufacturing, including CATL, BYD, ZECO, Hilti, and LG Energy Solution.

Ownership category

akta.pro rank

Product category

Battery Materials and Recycling

NAICS

Battery Manufacturing (33591)

SIC

Refuse Systems (4953), Industrial Inorganic Chemicals (2810)

akta.pro industry

PRIMARYEUAIAIAF

Lithium-ion Battery Recycling (Mechanical, Hydro, Direct Recycling)

Energy, Utilities & Environment/Environmental Services (Waste Management, Recycling & Remediation)/E-waste & Battery Recycling

SECONDARYEUAMALAE

Battery Recycling & Materials Recovery (Li-ion, LFP, Flow, Lead-Acid)

Energy, Utilities & Environment/Renewable Energy (Solar, Wind, Hydro & Geothermal)/End-of-Life, Recycling & Decommissioning (Panels, Blades, Batteries)

SECONDARYIMAKAFAI

Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate)

Industrials, Manufacturing & Construction/Metals & Mining/Battery & Critical Minerals Mining (Lithium, Nickel, Cobalt, Graphite, Manganese, Rare Earths)

SECONDARYEUAFABAA

Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite)

Energy, Utilities & Environment/Energy Storage & Grid Flexibility (Batteries, Hydrogen Storage, Demand Response)/Battery Materials, Cells & Packs Manufacturing

SECONDARYEUAIAIAJ

Battery Materials Refining & Re-Manufacturing Feedstocks (Li, Ni, Co, Mn, Graphite Salts)

Energy, Utilities & Environment/Environmental Services (Waste Management, Recycling & Remediation)/E-waste & Battery Recycling

Keywords

• Battery recycling services
• Lithium extraction technology
• Cathode materials manufacturing
• Lithium-ion battery recycling
• Circular economy solutions

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Battery Recycling Services: Revenue-generating battery recycling operation through Envirostream Australia. The company charges a cost per kilogram based on battery chemistry, with different chemistries requiring different safety requirements and creating different valued outputs after processing. Revenue also comes from recovered materials including copper, aluminium, plastic, steel, and mixed metal dust sold to battery manufacturers and local recyclers.
2. LFP/LMFP Cathode Materials Sales: Manufacturing and sale of LFP (Lithium Ferro Phosphate) and LMFP (Lithium Manganese Ferro Phosphate) cathode active materials for battery manufacturing. Each commercial plant supports production of 80,000 EVs. Targeting 100kt of material in the market by 2030.
3. Licensing and Technology Royalties: LieNA® and SiLeach® technologies developed through collaboration with ANSTO Minerals are available for licensing to lithium mine operators. LieNA® can improve mining yields by up to 50% and mine life by 30%.
4. Solar Panel and Rare Earth Recycling: Expanding into adjacent markets including black mass processing, solar panel recycling, and rare earth element recovery through strategic partnerships. Targeting markets projected to reach US$52 billion, US$3 billion, and US$7 billion respectively by mid-2030s.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Livium provides lithium processing through patented LieNA® and SiLeach® extraction technologies, manufactures LFP and LMFP cathode active powders via its VSPC subsidiary using a proprietary production process, and operates end-of-life battery recycling through Envirostream Australia at an EPA-licensed facility in Melbourne. The company recovers materials including copper, aluminium, plastic, steel and mixed metal dust and supports the full lithium-ion battery value chain for industrial customers.

Product overview

Livium operates a circular economy business model across the lithium battery value chain through three core divisions: Lithium Chemicals (LieNA® and SiLeach® extraction technologies), Battery Materials (LFP/LMFP cathode powder via VSPC subsidiary using proprietary RC Process), and Battery Recycling (Envirostream Australia processing 3,000 tpa). The company is expanding into adjacent markets including black mass processing, solar panel recycling, and rare earth element recovery. Key partnerships include ANSTO for R&D, VSPC for battery materials, and Envirostream for recycling operations. The company is listed on ASX as LIT and operates from Melbourne, Victoria.

Differentiator

Problem solved

Functional benefit

Brands

• Envirostream: Australia's first onshore lithium and mixed battery recycling company, offering safe and innovative management solutions for lithium-ion battery recycling. Operates wet-shredding and washing process at EPA-licenced Melbourne facility.
• VSPC (Voltage Solutions)

Products and services

• Envirostream Battery Recycling Services End-of-life battery collection, transport and processing services operating wet-shredding and washing at an EPA-licensed facility in Melbourne with 3,000 tonnes per annum capacity. Recovers copper, aluminium, plastic, steel and mixed metal dust from all major battery chemistries (alkaline, Li-ion, NiMH, lead acid, NiCd). Serves enterprise customers including BYD Australia, ZECO Energy, Hilti, LG Energy Solution, Hyundai, Sell & Parker, DB Schenker, and CATL HK.
• LieNA® Lithium Extraction Technology Patented lithium extraction process that eliminates the need for high-temperature (~1,000°C) spodumene conversion by reacting fine spodumene with caustic soda in an autoclave to form lithium sodalite, enabling selective leaching in weak acid. Achieves approximately 95% lithium extraction from spodumene mineral concentrate, improves mining yields by up to 50% and extends mine life by 30%. Licensed to lithium mining operators including through a joint development agreement with Mineral Resources Limited.
• SiLeach® Lithium Mica Processing Technology Patented process for extracting lithium from mica minerals with high recoveries, low energy consumption and extensive by-product optionality. Positioned as a benchmark for mica mineral processing. Available for licensing to mining operators.
• LFP and LMFP Cathode Active Materials Lithium ferro phosphate (LFP) and lithium manganese ferro phosphate (LMFP) cathode powders manufactured using Livium's proprietary RC production process at the VSPC subsidiary. One of few companies outside China with verified commercial LFP production; product independently tested by NOVONIX and shown to match or exceed competitor products. LMFP delivers 15-20% higher specific energy than LFP. Each commercial plant supports production of 80,000 EVs; 100kt market target by 2030. Sold to battery cell manufacturers and EV OEMs.
• Black Mass Processing Processing of black mass from end-of-life lithium-ion batteries to recover nickel, cobalt and lithium. Part of Livium's expansion into adjacent markets targeting a US$52 billion market by mid-2030s, covered by the CATL HK framework contract alongside recycling services.
• Solar Panel Recycling Solar panel recycling technology validation with Won Kwang S&T, targeting recovery of critical minerals including silver (estimated US$110 million contained in Australian end-of-life panels). Targets a US$3 billion market by mid-2030s and aims to establish an Australian photovoltaic recycling joint venture.
• Rare Earth Element Recovery Recovery of rare earth elements pursued via strategic partnerships with Iondrive and the University of Melbourne. Targets a US$7 billion market projected by mid-2030s.

Quantifiable outcome

• Up to 95% of materials recovered from spent batteries through Envirostream's recycling process
• +6 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

14 partnerships are on record, tiered flagship and core.

• CATL HK (Contemporary Amperex Technology)flagshipStrategic or Co-development Partner · 9 June 2026Framework Contract for Recycling Services with CATL HK formalizes an existing relationship, positioning Envirostream as a long-term downstream recycling partner for the world's largest lithium-ion battery manufacturer across Australia and New Zealand. The agreement covers the full recycling chain from collection and logistics through to black mass processing and regulatory-compliant certification, with an initial term through May 2029.
• Sell & ParkercoreStrategic or Co-development Partner · 16 April 2026Contract extension extends battery recycling partnership by approximately 12 months while introducing volume acceleration incentives and upfront deposit payments for capacity expansion. Funds deployed to establish additional dedicated processing line at Campbellfield facility, with delivery anticipated within 6-8 weeks.
• Won Kwang S&TcoreStrategic or Co-development Partner · 21 January 2026Three-phase collaboration for solar panel recycling technology validation. Phase one involves shipping approximately 600 end-of-life solar panels from Australia to South Korea. Won Kwang will test large-scale recycling technology targeting improved recoverability of critical minerals including silver worth approximately $110 million in Australia's end-of-life solar panels. Collaboration aims to culminate in a joint venture to build and operate an Australia photovoltaic recycling plant.
• IondrivecoreStrategic or Co-development Partner · 24 September 2025Strategic partnership established as part of Livium's expansion beyond core battery recycling into adjacent markets including black mass processing, solar panel recycling, and rare earth element recovery.
• University of MelbournecoreStrategic or Co-development Partner · 24 September 2025Strategic partnership established to pursue expansions in rare earth element recovery, targeting markets projected to reach US$7 billion by mid-2030s.
• BYD AustraliacoreChannel Partner/ Reseller/ Distributor · 13 May 2025Broader 3-year deal for battery recycling services, expanding scope of previous partnership. BYD is a major global electric vehicle manufacturer.
• DB SchenkercoreChannel Partner/ Reseller/ Distributor · 8 April 2025Battery recycling partnership through DB Schenker agreement diversifying Livium's recycling offering through global logistics expertise.
• HilticoreChannel Partner/ Reseller/ Distributor · 23 March 2025Exclusive battery recycling agreement with global power tool manufacturer Hilti for responsible end-of-life battery management.
• ZECO EnergycoreChannel Partner/ Reseller/ Distributor · 2 March 2025Exclusive five-year recycling agreement for lithium-ion batteries with ZECO Energy, an energy storage company.
• ANSTO Minerals (Australian Nuclear Science and Technology Organisation)coreStrategic or Co-development PartnerLong-term collaboration since 2015 to develop world-first processing technology LieNA® designed to extract lithium from discarded mining waste. Collaboration enables approximately 95% lithium extraction from spodumene mineral concentrate.
• Mineral Resources Limited (MinRes)coreStrategic or Co-development PartnerJoint development agreement entered into with MinRes related to LieNA® technology. VSPC product independently tested by Novonix.
• Novonix Battery Technology Solutions Inc.coreTechnology or IntegrationLeading expert in battery materials research and development services. VSPC's LFP product tested and proven to be either matched or exceeded competitor product across all testing parameters, with potential to support long-lifetime cell designs.
• LG Energy SolutioncoreChannel Partner/ Reseller/ DistributorStrong partnership with leading battery cell manufacturer LG Energy Solution as part of strategic partnerships with battery manufacturers.
• HyundaicoreChannel Partner/ Reseller/ DistributorPartnership with Hyundai as part of strategic partnerships with automotive manufacturers supporting EV battery ecosystem.

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Li-Cycle: Li-Cycle is a leading lithium-ion battery recycling company operating a global network of spokes and hubs. It is the most direct comparable to Envirostream in terms of feedstock recovery and black mass processing, with significantly larger announced capacity than Livium's 3,000 tpa.
• Redwood Materials: Founded by former Tesla CTO JB Straubel, Redwood Materials is a major US-based battery recycling and cathode materials company. It competes directly with Livium in cathode active materials production and end-of-life battery processing, with much larger scale and Panasonic/Tesla anchor customers.
• Neometals: Australian-listed battery materials and recycling developer with lithium hydroxide processing (ELi Process) and battery recycling (Primobius JV with SMS group). Direct Australian peer addressing the same LFP-supply and battery recycling opportunity.
• Piedmont Lithium: Piedmont Lithium is a US/Australian lithium chemicals developer focused on spodumene conversion to lithium hydroxide. It is a relevant comparable for Livium's lithium chemicals franchise (LieNA®/SiLeach®) addressing non-China lithium supply.

Broad incumbents

• Umicore: Global materials technology and recycling group with a significant battery materials and precious metals refining business. Comparable on cathode materials production and closed-loop recycling economics, with much larger scale and broader portfolio.
• Glencore: Global mining and commodities trader with cobalt, nickel, and recycling operations. Listed as a partner on Livium's website, Glencore is relevant as a broad incumbent in critical minerals recovery and battery raw materials.
• Mineral Resources (MinRes): Australian mining and lithium producer with whom Livium has a LieNA® joint development agreement. MinRes is relevant as both a customer for Livium's lithium extraction technology and a domestic peer in lithium chemicals commercialization.

Emerging players

• NOVONIX: NOVONIX is an emerging battery materials and technology company producing synthetic graphite and has tested VSPC's LFP. It is a relevant comparable in the ex-China battery materials space with US Department of Energy backing and ongoing commercialization of anode and cathode materials.
• Iondrive: Australian-listed emerging player in battery recycling and critical minerals. Livium has a strategic partnership with Iondrive, and the companies share an Australian geographic footprint and adjacent circular economy focus.

Regional players

• SungEel HiTech: South Korea's largest battery recycler with established relationships with Korean battery OEMs. Comparable to Envirostream in feedstock collection and black mass production, operating in a different geography but targeting similar end-markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/livium-ltd
• Xx.com/LithiumAus

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Livium