This discount reflects Livium’s continued investment in advanced cathode powder technologies through VSPC, supporting the company’s strategy to deliver innovative solutions for the battery materials sector.
Livium has now received R&D rebates totaling A$1.4 million from the Australian Taxation Office for FY 2025. LieNA Pty Ltd (“LieNA”), Livium’s 50:50 Joint Venture with Mineral Resources Limited (ASX: MIN), is also expected to receive an R&D rebate for FY 25, which is expected to result in a shareholder distribution from LieNA.
Livium CEO and Managing Director, Simon Linge, commented “We are pleased to receive the R&D rebate for VSPC, which supports our commitment to advancing the next generation of battery materials. This rebate, together with the previously received A$653k R&D rebate for Envirostream and our recent A$4.5 million placement, strengthens Livium’s position to accelerate technology development and expand into our current battery recycling operations and nearby adjacent markets, such as the solar panel recovery and rare earth metals markets.”
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