Livium Extends Agreement with LG Energy Solution until 2029
Released
Released
Announcement PDF
ASX ANNOUNCEMENT
24 September 2025
Livium Extends Agreement with LG Energy
Solution until 2029
HIGHLIGHTS
▪
Envirostream has signed a new three-year agreement with LG Energy Solution to provide
battery recycling and disposal services, extending the contract to March 2029
▪
The new agreement maintains the scope and terms of the prior agreement 1 in all material
respects, including exclusivity for recalled residential batteries defined under the prior
agreement
▪
The new agreement also expands the scope of supply, on a non-exclusive basis, to include
end-of-life residential lithium-ion batteries collected in Australia for normal service reasons
Livium Ltd (ASX: LIT) (“Livium” or the “Company”) is pleased to announce that its wholly owned subsidiary
Envirostream Australia Pty Ltd (Envirostream) - a leading battery recycler - has signed a new agreement
(“Agreement”) with LG Energy Solution to recycle and process lithium-ion batteries (LIBs) in Australia. This new
contract further extends the scope of services from the previously expanded contract signed in March 2024. The
Agreement now encompasses recycling end-of-life residential battery units collected for normal service reasons.
Now valid until March 2029, the extended Agreement gives Envirostream guaranteed volumes of batteries
collected at end-of-life for general service reasons. Customary termination rights exist on the occurrence of an
insolvency event or any unremedied breach under the Agreement. Under the Agreement, LG Energy Solution has
a right to purchase black mass (mixed metal dust or MMD), at market prices, generated from lithium-ion batteries
supplied to Envirostream.
The Agreement with LG Energy Solution directly aligns with Envirostream's strategic priorities for accelerated
growth. By securing this long-term agreement, the company is solidifying its position within the high-growth, highmargin market of large-format lithium-ion batteries (LIBs) from electric vehicles (EVs) and energy storage systems
(ESS). This move is a proactive step to capitalise on the anticipated surge in demand for recycling services, with
industry reports forecasting robust growth in EV & ESS battery recycling demand over the remainder of the
decade.
Furthermore, this contract embodies Envirostream's continued pursuit of delivering high-quality services to key
industry leaders. The Company anticipates that this significant win will not only secure a consistent volume of
high-value materials but also serve as a powerful testament to its capabilities, providing the momentum needed
to attract and secure additional market-leading clients.
Comment from Livium CEO and Managing Director, Simon Linge
"This new agreement with LG Energy Solution is validation of the quality of Envirostream’s service and
strategic focus. By extending and expanding our successful relationship with a global leader like LG Energy
Solution, we are not only securing a consistent, high-value supply of large-format batteries but also cementing
our position as the go-to battery recycling partner in Australia. This contract is a direct result of our proven
capabilities and our commitment to building a circular economy. We are perfectly positioned to capitalize on
the growth of the EV and ESS markets, and we are confident this momentum will drive further partnerships
with other market-leading clients in the future."
1
Refer announcement “Envirostream signs new exclusive battery recycling agreement in Australia with LG Energy Solution”, dated 18 March
2024
Divisions of Livium
Page 1 of 2
Livium Ltd
Unit 1, 79-83 High Street
ASX: LIT ACN: 126 129 413
Kew, Victoria 3101
Investorhub.liviumcorp.com
T: +61 (0) 3 7017 2656
liviumcorp.com
E: info@liviumcorp.com
ASX ANNOUNCEMENT
Comment from Managing Director of LG Energy Solution Australia Pty Ltd, Philip Crotty
"We are pleased to reaffirm and strengthen our relationship with Envirostream through this amended
agreement. Over the course of our collaboration, we have achieved significant milestones in delivering safe,
sustainable, and responsible battery management solutions. This renewed agreement not only reflects the
trust and shared commitment between our organisations, but also paves the way for even greater cooperation
in the years ahead. We look forward to continuing to work together to advance circular economy outcomes,
support customers, and contribute to a cleaner energy future."
Authorised for release by the Livium Board.
Simon Linge
Stuart Tarrant
Managing Director / CEO
Mobile +61 (0) 438 721 280
Chief Financial Officer
Mobile +61 (0) 467 817 005
simon.linge@liviumcorp.com
stuart.tarrant@liviumcorp.com
Forward-looking statements
This announcement contains forward-looking statements. Forward-looking statements are subject to a variety of
risks and uncertainties that it is beyond the Company’s ability to control or predict and which could cause actual
events or results to differ materially from those anticipated in such forward-looking statements. Investors should
be aware that past performance should not be relied upon as being indicative of future performance.
About Livium
Livium (previously Lithium Australia) is aiming to lead and enable the global transition to sustainable lithium
production. The Company operates Australia’s market leading battery recycler, Envirostream, a revenue and profit
generating business which is well-placed to capitalise on growing lithium-ion battery demand. Additionally, the
Company aims to commercialise patented lithium extraction technology (LieNA®), through a 50:50 joint venture
with Mineral Resources Ltd (ASX: MIN), and critical battery material lithium ferro phosphate (LFP), through wholly
owned subsidiary VSPC.
Divisions of Livium
Livium Ltd
Unit 1, 79-83 High Street
ASX: LIT ACN: 126 129 413
Kew, Victoria 3101
Investorhub.liviumcorp.com
T: +61 (0) 3 7017 2656
liviumcorp.com
E: info@liviumcorp.com
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