Proactive - Interviews for investors

Livium’s strong cash position and future plans

Episode Summary

Livium Ltd (ASX:LIT, OTC:LMMFF) managing director and CEO Simon Linge talks with Proactive’s Tylah Tully about the company’s latest quarterly update, highlighting key developments in its recycling business and advancements in LieNA® technology. Linge detailed Livium’s revenue growth year-on-year despite seasonal impacts, citing continued customer sign-ups as a positive indicator for future stability. He noted a cash balance of more than $5 million at the end of the quarter, supported by non-core asset sales and R&D benefits. Discussing recycling milestones, Linge emphasised the company’s focus on handling larger format lithium-ion batteries, expanding its customer base and offering value-added services. He acknowledged the progress made in scaling up operations and the strategic partnerships being pursued to accelerate growth. On the technology front, he confirmed the completion of stage one activities with Mineral Resources Ltd, highlighting key learnings from pilot programs and an accelerated commercial pathway under development. He says that Livium remains committed to refining its battery materials demonstration facility and securing funding within the first half of the year. Looking ahead, Livium is refining its strategy to prioritise recycling business growth while advancing the commercialisation of LieNA® technology. #Livium #ASXLIT #BatteryRecycling #LithiumIon #LieNATechnology #SustainableEnergy #EVBatteries #RecyclingInnovation #GreenTech #InvestorUpdate #ProactiveInvestors #CleanEnergy