Livium has successfully secured A$4.5m in commitments from investors to accelerate battery recycling initiatives, pursue rare earth element (REE) and photovoltaic (PV) recycling, and black mass processing.

This funding will support the expansion of battery collections, relocation of operations to a new centralized hub, and key strategic deliverables in recycling adjacencies.

CEO Simon Linge sees this capital raising as a pivotal moment for Livium, positioning the company to address increasing market demand for clean energy waste recycling. The funds will drive the expansion of battery recycling capacity and entry into new verticals like REE, PV recycling, and black mass processing. Livium aims to become a cash-generative, growth-focused company, delivering sustainable returns to shareholders. Investors are invited to inquire about this announcement and the company's future plans. The placement details include the issuance of shares and options, aligning with existing ASX regulations. The timetable for the placement is indicative, subject to change. The announcement is authorized by the Livium Board of Directors, ensuring transparency and accountability. For more information or questions, investors can contact the management team listed above.