Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Investing

Livium Awarded ~A$850k Grant by WA Government to Develop a Battery Recycling Facility

by admin November 4, 2024
November 4, 2024
Livium Awarded ~A$850k Grant by WA Government to Develop a Battery Recycling Facility

Livium Ltd (ASX: LIT) (‘Livium’ or the ‘Company’) is pleased to announce that its wholly owned subsidiary Envirostream Australia Pty Ltd (‘Envirostream’) – which is leading Australia’s battery recycling industry – has been awarded a -AS850k grant from the Western Australia (‘WA’) government. This funding will be used to support the development of Envirostream’s battery recycling facility in WA, marking a significant milestone in Envirostream’s efforts to build a nationwide solution for electronic waste (‘e-waste’) management.

HIGHLIGHTS

  • Livium has been awarded a -A$850k grant from the Western Australian government
  • The grant will be used to partially fund the development of a battery recycling facility in WA
  • This grant is being awarded under the WA government’s electronic waste infrastructure grant funding program
  • The development of a WA recycling facility is aligned with the Company’s strategic objective of developing nationwide collection, sorting and storage capabilities

The grant will be used to establish a cutting-edge battery sorting and dismantling recycling facility (‘WA Facility’). The WA Facility, will focus on the collection, sorting, discharge and storage of batteries. Batteries will then be transported to Envirostream’s Campbellfield facility for final processing to Mixed Metal Dust (‘MMD’) and other metals. The WA Facility is expected to play a pivotal role in transforming Envirostream’s collection capabilities and service footprint across the country.

The award of the grant follows a rigorous evaluation process by the WA government, who noted the quality, innovation, and potential impact of the WA Facility. The WA government recognises the value it will bring to the community and acknowledged Envirostream’s dedication and commitment to making a positive difference. The grant is subject to entering into a funding agreement with the WA government and customary due diligence checks, which is materially complete.

This grant forms part of the WA government’s broader commitment to e-waste recycling and is part of recently announced A$5.4m in additional grants allocated to support e-waste recycling initiatives across the state. To date, the WA government has allocated -A$10m in grants to boost the local e-waste recycling industry. This commitment underpins the importance of sustainable recycling infrastructure in WA and aligns with the Company’s objectives to drive environmental progress across Australia.

The development of this recycling facility is a core component of Livium’s strategic recycling roadmap. This roadmap envisions a comprehensive national network for battery collection, sorting, and recycling that establishes integrated end-of-life battery processing domestically.

Comment from Livium CEO and Managing Director, Simon Linge

‘This grant from the WA government represents a meaningful step forward in our mission to establish a sustainable national battery recycling ecosystem.

WA’s grants seek to increase e-waste reuse, storage, collection, processing and recycling capabilities, creating jobs and supporting WA’s circular economy. We are grateful for the support and are committed to building a facility that will contribute to a greener future by efficiently managing e-waste and recovering valuable materials. The Company’s long-term recycling strategy also involves the development of battery processing capabilities in WA and other states once minimum collection volumes are met.

By fostering local recycling capabilities, we aim to strengthen Australia’s position in the global battery recycling industry and contribute to a circular economy.’

Click here for the full ASX Release

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Ashburton Mineralisation Expands as Project Delivers Wide and High-grade Uranium Drill Results
next post
Key Mining Approval Received for Fountain Head Gold Project, NT

Related Posts

Troy Minerals Submits Drilling Permit Application for Table...

December 11, 2024

Lithium Market Update: Q3 2024 in Review

October 22, 2024

Cosmic Clue: Magnetar Flares May Forge Gold, Platinum...

May 8, 2025

Allied Critical Metals Expands Santa Helena Breccia in...

September 12, 2025

Trump vs. Harris: How Could the US Election...

November 6, 2024

Element79 Gold Corp Welcomes Michael Smith as Vice...

July 22, 2025

What’s the Next US Copper Mine? 26 Copper...

April 1, 2025

Canadian Securities Exchange to Acquire National Stock Exchange...

May 22, 2025

Tech 5: Trump Admin Issues Crypto Executive Order,...

January 26, 2025

Stardust Power Acquires Site, Receives Key Permit And...

December 22, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • JOSH HAMMER: Trial lawyer lawfare vs. Trump’s policy revolution

      September 21, 2025
    • Kamala Harris reveals what Biden told her just before crucial debate with Trump that left her ‘angry’

      September 21, 2025
    • MIKE DAVIS: Trump’s latest pick to reform the federal judiciary is another home run

      September 21, 2025
    • Trump caps UK trip with $350B tech pact, heads to Arizona for Kirk’s memorial service

      September 21, 2025
    • How AI browsers open the door to new scams

      September 21, 2025

    Categories

    • Business (1,107)
    • Investing (3,081)
    • Politics (3,763)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved