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Livium Ltd (ASX:LIT)

ALERT: Price-sensitive ASX Announcement for LIT
Current share price for LIT : $0.009 -0.001 (-10%)+
Announcement
Release
5 Dec 2025 10:06AM
Price at Release
$0.010
Full Release
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Summary
Livium Ltd, operating under the ASX ticker LIT, has received A$663,000 in R&D tax incentive rebates for the financial year 2025 from the Australian Tax Office. This rebate supports Livium's advanced cathode powder technologies through its subsidiary, VSPC Pty Limited, and reflects the company's commitment to delivering innovative solutions in the battery materials sector. Including this rebate, Livium has received a total of A$1.4 million in R&D rebates for FY25. Additionally, Livium's joint venture, LieNA Pty Ltd, is also expected to receive a similar rebate, potentially leading to a shareholder distribution. The CEO, Simon Linge, highlights that this rebate, along with previous rebates and a recent A$4.5 million placement, positions Livium to accelerate technological development in battery recycling and the recovery of solar panels and rare earth elements.
Key Points
  • Received A$663,000 in R&D tax rebates for FY25.
  • Total R&D rebates for FY25 amount to A$1.4 million.
  • Rebate supports advanced cathode powder technologies through VSPC.
  • Livium is Australia's leading battery recycler.
  • LieNA Pty Ltd joint venture expected to receive additional rebates.
  • Funds to accelerate technology development in battery recycling and recovery.
  • CEO Simon Linge emphasizes commitment to battery materials innovation.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.