From loss to profit: Livium LIT.ASX clean energy recycling growth

Livium Limited (LIT.ASX) is a clean energy player focused on recycling lithium‑ion batteries, solar panels and rare earth elements through its market‑leading EnviroStream operation. In this interview, we unpack Livium’s growth strategy, recent partnerships, and a capital raise that underpins expansion into adjacent revenue streams.

What we cover:

- Who Livium is, and what EnviroStream does as Australia’s leading end‑of‑life lithium‑ion battery recycler

- The big market opportunity: end‑to‑end recycling of clean energy waste and the growth outlook across batteries, magnets, and solar panels

- Key milestones in FY25 including the move to profitability for EnviroStream, client wins (BYD, Hyundai, Volvo, Hythium, among others), and the Mineral Resources joint development around LENA extraction

- Near‑adjacencies: rare earth magnets recovery and solar panel recycling, including University of Melbourne microwave tech with high yields and low energy use

- The VSPC cathode active material project and a $30m Australian government grant

- Partnerships that set the foundation for scale: Wong Quan S&T for solar panel delamination machinery, Iron Drive for DES extraction of silicon and silver, and the role of these partners in progressing black mass recovery

- The four‑and‑a‑half million placement: use of proceeds to build a hub and two sites into a single, future‑proofed facility with planned spokes to WA and Queensland to lift efficiency and reduce logistics costs

- What’s coming next: further announcements on Melbourne collaboration, more solar panel shipments, and progress on rare earth magnets and materials