tiprankstipranks
Livium Ltd Issues New Shares to Bolster Strategic Positioning
Company Announcements

Livium Ltd Issues New Shares to Bolster Strategic Positioning

Story Highlights

Invest with Confidence:

An update from Lithium Australia NL ( (AU:LIT) ) is now available.

Livium Ltd has announced the issuance of 7,142,858 fully paid ordinary shares to Lind. The company has complied with relevant provisions of the Corporations Act, with no excluded information affecting investors’ assessments of the company’s financials and share rights. This development supports Livium’s strategic positioning in the market, leveraging its innovative technologies and recycling business to capitalize on the growing demand for lithium-ion batteries.

More about Lithium Australia NL

Livium, previously known as Lithium Australia, is a leading company in the sustainable lithium production industry. It operates Australia’s market-leading battery recycler, produces lithium ferro phosphate (LFP), and has developed a patented lithium extraction technology called LieNA®. The company is poised to benefit from the increasing global demand for lithium-ion batteries, offering diversification benefits to global supply chains.

YTD Price Performance: 0.0%

Average Trading Volume: 22,001

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $13.38M

Find detailed analytics on LIT stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App