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This rebate displays Livium’s ongoing funding in superior cathode powder applied sciences via VSPC, supporting the Firm’s technique to ship progressive options for the battery supplies sector.
Livium has now acquired R&D rebates totalling A$1.4m from the Australian Tax Workplace for the 2025 monetary 12 months. LieNA Pty Ltd (“LieNA”), Livium’s 50:50 Joint Enterprise with Mineral Assets Restricted (ASX: MIN), can also be anticipated to obtain an FY25 R&D rebate, which is predicted to lead to a shareholder distribution from LieNA.
Livium CEO and Managing Director, Simon Linge commented “We’re happy to obtain the R&D rebate for VSPC, which helps our dedication to advancing next-generation battery supplies. This rebate, along with the beforehand acquired A$653k in R&D rebate for Envirostream and our current A$4.5 million placement, strengthens Livium’s place to speed up expertise growth and increase into our present battery recycling actions and close to adjacencies, corresponding to photo voltaic panel and uncommon earth aspect useful resource restoration markets.”
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