Livium Ltd CEO Simon Linge talked with Proactive about the company's progress on its lithium ferro phosphate (LFP) demonstration plant and strategic growth plans. The company is working to secure the remaining A$30.00 million to fully fund the plant, with Linge stating that the process involves "complex transactions" and that "there's a bit to be thought through". The funding includes support from a substantial A$30.00 million grant from the Australian Renewable Energy Agency (ARENA), which covers around 50% of the facility’s estimated build and operational costs. Linge said the grant acts as both financial support and validation of Livium’s VSPC technology, which is positioned as leading-edge and referred to in China as Generation 4 LFP. He highlighted that demand from potential customers already exceeds the plant’s expected capacity, and the company is selectively targeting energy storage and electric vehicle sectors. In the US, Livium is working closely with distributor United Mineral & Chemical Corporation (UMC), which has already introduced the business to new clients and OEMs. Linge said UMC's presence provides "boots on the ground" support, crucial for US market penetration. The company continues to evaluate whether to expand through licensing or direct operations, based on proximity to clients and local market conditions. 📺 For more insightful interviews, visit [Proactive's YouTube channel](https://www.youtube.com/@ProactiveInvestors). Don’t forget to like this video, subscribe to the channel, and enable notifications for future updates. #Livium #VSPC #LithiumIronPhosphate #BatteryMaterials #EnergyStorage #EVBatteries #ARENAgrant #CleanEnergy #TechInnovation #ProactiveInvestors