Livium Ltd is in advanced negotiations to secure a new contract with national metal recycler Sell & Parker Pty Ltd that is expected to generate revenue exceeding A$1 million. The Proposed Agreement would represent approximately 15% of Livium’s total revenue for the 2024 financial year, marking a significant step forward in the company’s commercial strategy.
Sell & Parker is a nationally recognised metal recycling business, employing more than 400 people across eight facilities nationwide.
Aiming to diversify end-of-life battery sources
Under the terms of the Proposed Agreement, Livium’s wholly owned subsidiary Envirostream Australia Pty Ltd would provide recycling services for project-related materials, with operations expected to start in late April 2025.
The contract is expected to drive a substantial uplift in collection volumes through the remainder of the 2025 financial year and into the first half of FY26, with the potential for an extended partnership.
While the agreement is only proposed at this stage, once executed it would deliver on Livium’s focus to secure exclusive battery recycling contracts and diversify its end-of-life battery sources.