Highlights

• Livium is expanding into rare earth element recovery from end-of-life electric vehicle batteries through its subsidiary Envirostream.
• The company aims to reduce Western dependence on Chinese REE processing by developing advanced battery recycling technologies.
• Strategic move positions Livium to potentially capture a significant share of the growing global rare earth elements market.

Livium (opens in a new tab) (LIT.Ax), formerly Lithium Australia, has set its sights on a new frontier—recovering rare earth elements (REEs) from end-of-life electric vehicle (EV) batteries. According to a July 26 AL Circle report (opens in a new tab) by Trisha Hazra, Livium has launched discussions with international REE developers and Australian tech providers to explore extraction and recycling technologies, aiming to carve out a slice of the projected $9.6 billion global REE market by 2026.

Through its subsidiary Envirostream (opens in a new tab), Livium already handles essential processes such as shredding, grinding, and magnetic separation—techniques that align with rare earth separation from battery materials. With commercial clients in clean energy and e-mobility, Livium says it is well-positioned to scale its REE services and capture growing demand from Western supply chains desperate to reduce dependence on Chinese processing.

CEO Simon Linge framed the initiative as “a strategic extension” of the firm’s core recycling business. In parallel, Livium is exploring licensing opportunities for its proprietary VSPC cathode powder technology in non-core markets. This solid-state and solution-phase synthesis platform produces lithium iron phosphate (LFP) and lithium manganese iron phosphate (LMFP) powders, further cementing Livium’s role in the EV ecosystem.

Investor Watchpoints

While Livium’s pivot into REEs from recycled batteries sounds promising, several critical questions remain unanswered:

• What specific rare earths will be extracted—Nd, Pr, Dy, Tb? These dictate market relevance.
• What is the expected recovery rate and cost-efficiency of REE extraction from EV batteries compared to traditional mining or magnet recycling?
• Will Livium vertically integrate refining capabilities or rely on toll processing?
• How competitive is their technology pipeline against other recycling leaders like Geomega, Noveon, or US-based REEcycle?

Livium’s early-stage positioning and existing client footprint offer a runway for REE recycling—but success will hinge on execution, partnerships, and technological scalability.

For retail investors, Livium’s move underscores a broader trend: battery recycling is no longer just about lithium and cobalt—rare earths may be the next big play. But as always in this space, the devil is in the metallurgy.  And it’s early days.