• Livium CEO on recycling refocus and expansion plans

  • Jan 28 2025
  • Length: 5 mins
  • Podcast

Livium CEO on recycling refocus and expansion plans

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  • Livium Ltd (ASX:LIT, OTC:LMMFF) managing director and CEO Simon Linge talks with Proactive’s Tylah Tully about the company’s latest updates, focusing on its strategic initiatives and near-term goals. Linge highlighted Livium’s strong emphasis on scaling its battery recycling business to meet the growing influx of large-format lithium-ion batteries, positioning the company as a key player in this growing sector. He discussed two other patented technologies, including LieNA® technology, developed in partnership with Mineral Resources, which is moving to its next phase of development. Additionally, Livium’s battery materials technology has made progress with customer agreements and product portfolio advancements, enabling the company to scale this segment. Linge explained how the organisation was actively pursuing funding opportunities through strategic, public and private partnerships. On restructuring, Linge outlined the ongoing cost-saving measures and workforce changes designed to position Livium for sustainable growth through 2026. He emphasised the company’s commitment to securing battery recycling agreements and a pipeline for large-format battery supplies, which are expected to reach 25,000 tonnes by the end of the decade. Stay tuned for further updates on Livium’s recycling milestones, restructuring developments, and commercialisation efforts. #ProactiveInvestors #LiviumLtd #ASX #OTC #BatteryRecycling #LithiumIonBatteries #EnergyStorage #SustainableTechnology #ASXLIT #BatteryMaterials #CircularEconomy #SimonLinge
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