Highlights

  • Livium shares rose 11.11% on 9 June 2026 following the announcement of a new recycling services framework agreement with CATL HK.
  • The agreement formalises an existing working relationship between Livium's Wholly Owned Subsidiary Envirostream and CATL HK.
  • CATL is the world's largest Lithium-Ion Battery manufacturer, supplying batteries to major automotive and energy storage companies globally.
  • Under the agreement, Envirostream will provide battery collection, logistics, recycling, certification and reporting services across Australia.
  • The framework agreement has an initial term running until 15 May 2029.

Livium Ltd (ASX:LIT) attracted investor attention on 9 June 2026 after announcing a new framework agreement with CATL HK, a subsidiary of Contemporary Amperex Technology Co., Limited (CATL), the world's largest lithium-ion battery manufacturer.

The market appeared to welcome the development, with Livium shares rising 11.11% to AUD 0.010 during morning trading. The agreement formalises an existing commercial relationship between Livium's wholly owned recycling subsidiary, Envirostream Australia Pty Ltd, and CATL HK, establishing a structured framework for future battery recycling services.

The latest announcement comes as Livium continues to position itself within the growing battery recycling sector, where end-of-life battery management is becoming an increasingly important component of the broader energy transition and battery Supply chain.

About Livium

Livium is an Australian recycling and resource recovery company focused on battery recycling through its wholly owned subsidiary Envirostream. The Business specialises in recovering valuable materials from end-of-life batteries and has established operations servicing the domestic battery recycling market.

Beyond battery recycling, the company is expanding into related areas including black mass processing, solar panel recycling and rare earth recycling initiatives. Through these activities, Livium aims to support the development of Australia's clean energy and critical minerals supply chains.

Envirostream remains the cornerstone of the company's operations and is one of Australia's established participants in the lithium-ion battery recycling sector.

Agreement Formalises Existing Relationship

The centrepiece of Livium's latest announcement is the execution of a Recycling Services Framework Agreement between Envirostream and CATL HK.

While the two parties have previously worked together, services were historically provided through individual purchase orders. The new agreement establishes a formal framework governing how recycling services will be delivered under future purchase orders agreed between the parties.

Management described the agreement as an important milestone that formalises an established relationship with one of the most significant participants in the global battery industry.

The company noted that the framework creates a structured basis for future collaboration while providing clarity around service delivery requirements and operational processes.

Importantly, the agreement does not replace individual purchase orders. Instead, it establishes the broader contractual framework under which future work may be undertaken.

What Services Will Envirostream Provide?

Under the agreement, Envirostream will provide a range of battery management and recycling services designed to support CATL's end-of-life battery requirements.

These services include battery collection, transportation logistics, dismantling activities, recycling operations, black mass processing, certification of recycling outcomes and destruction reporting.

The reporting and certification elements are designed to ensure compliance with both regulatory obligations and customer-specific requirements.

According to the company, services will primarily be delivered within Australia, supporting CATL's regional battery operations. The agreement also creates potential opportunities to support battery recycling requirements in New Zealand as market Demand develops.

Each project undertaken under the framework will continue to be governed through separately agreed purchase orders.

Long-Term Framework Extends to 2029

One of the notable aspects of the agreement is its duration.

The framework agreement has an initial term running through to 15 May 2029, providing a multi-year structure for potential collaboration between the two organisations.

While the agreement establishes the relationship over an extended period, Livium clarified that it is non-exclusive and does not contain minimum Volume commitments.

The scope of future work, pricing arrangements and service volumes will continue to be determined on a case-by-case basis through individual purchase orders.

As a result, the agreement itself does not guarantee specific Revenue outcomes but provides the framework through which future recycling services may be delivered.

Partnership Links Livium With Global Battery Industry Leader

A key feature of the announcement is the identity of Livium's counterparty.

CATL is widely recognised as the world's largest lithium-ion battery manufacturer and supplies battery products to major automotive manufacturers and energy storage companies globally.

Headquartered in Ningde, China, CATL plays a significant role in global battery supply chains and is regarded as one of the most influential companies operating within the electric vehicle and energy storage sectors.

By formalising its relationship with CATL HK, Livium strengthens its connection with a major participant in the international battery market.

Management indicated that the agreement reflects confidence in Envirostream's operational capabilities and battery recycling expertise.

Supporting the Circular Battery Economy

The agreement aligns with Livium's broader strategy of partnering with global battery manufacturers to support responsible end-of-life battery management.

As battery adoption increases across electric vehicles, energy storage systems and consumer electronics, recycling is becoming an increasingly important component of the industry value chain.

The company views battery recycling as a critical element of the Circular Economy, helping recover valuable materials while reducing waste associated with end-of-life batteries.

By expanding relationships with battery manufacturers, Livium is seeking to strengthen its position within this growing segment of the market.

Management stated that the CATL agreement reinforces Envirostream's role as a Downstream recycling partner within the battery supply chain and provides a platform for continued collaboration as battery volumes increase over time.

Australia Remains a Key Focus

The agreement specifically focuses on recycling services delivered in Australia.

As battery adoption continues to grow domestically, the need for collection, logistics and recycling infrastructure is expected to become increasingly important for manufacturers, distributors and battery users.

Livium's existing recycling operations position the company to provide these services within Australia while supporting compliance, reporting and sustainability requirements.

The possibility of future service expansion into New Zealand also provides an additional avenue for potential regional engagement under the framework.

Although no specific project volumes have been disclosed, the agreement creates a pathway for ongoing cooperation across the region.

Strategic Significance Beyond Immediate Revenue

While the agreement does not include minimum volume commitments or guaranteed financial outcomes, its strategic significance may have contributed to the positive market reaction.

The arrangement formalises a relationship with a globally recognised battery manufacturer and extends that framework until 2029.

For investors, the announcement highlights Livium's ability to secure relationships with major industry participants while reinforcing the role of Envirostream within the battery recycling ecosystem.

The agreement also supports the company's broader objective of expanding partnerships with battery manufacturers as recycling requirements continue to evolve.

What This Means for Investors

Livium's latest announcement does not disclose a specific contract value or guaranteed work volumes. However, it establishes a formal long-term framework agreement with CATL HK, a subsidiary of the world's largest lithium-ion battery manufacturer.

The agreement formalises an existing relationship, extends potential collaboration through to May 2029 and provides a structured basis for future recycling services across Australia, with possible expansion into New Zealand.

The association with a globally recognised battery industry participant appears to have been viewed positively by the market, helping lift Livium shares during morning trade on 9 June 2026. Investors will likely continue monitoring future purchase orders, service activity and developments arising from the framework agreement as the relationship progresses.