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Livium Ltd (ASX:LIT)

ALERT: Price-sensitive ASX Announcement for LIT
Current share price for LIT : $0.009 -0.002 (-18.18%)+
Announcement
Release
4 Feb 2026 9:53AM
Price at Release
$0.011
Full Release
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Summary
Livium Ltd, through its 50:50 joint venture with Mineral Resources Ltd called LieNA Pty Ltd, has announced a further distribution of funds to shareholders. This follows the receipt of A$654,166 in R&D tax incentive rebates from the Australian Tax Office for the fiscal year 2025. The Board of LieNA Pty Ltd approved the distribution of A$670,000 to its shareholders, with Livium receiving A$335,000 as its share. This distribution is contingent on member approval for an equal capital reduction. LieNA remains funded through to the end of the financial year 2027, allowing for ongoing costs and advancement in its commercialisation pathway. Livium continues to lead in battery recycling and is expanding its technologies in lithium extraction and clean energy supply chain sectors.
Key Points
  • LieNA Pty Ltd received A$654,166 in R&D tax incentive rebates for FY25.
  • A$670,000 distribution approved to LieNA shareholders, with Livium to receive A$335,000.
  • Funding allows LieNA to continue operations through FY27.
  • Livium Ltd is a leader in battery recycling and expanding into lithium extraction.
  • Livium accounts for its 50% interest in LieNA under the equity method.
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.