Livium Ltd and Sumitomo Corporation are advancing their collaboration to evaluate the feasibility of expanding battery recycling operations at Envirostream’s Derrimut facility in Victoria, Australia. The companies are assessing processing technologies, equipment suppliers, investment economics, and environmental approvals required for a potential expansion.
Material actions and disclosures
Since the May 2026 Memorandum of Understanding (MOU), Sumitomo Corporation and Envirostream have progressed detailed evaluation of a potential black mass supply relationship and future processing expansion at Derrimut. The proposed regional supply chain would involve battery collection in Australia, production of black mass by Envirostream, and potential refining in Japan.
Current activities include reviewing processing equipment options, comparing capital and operating costs, evaluating environmental permitting, and engaging with downstream stakeholders. The work is additional to Envirostream’s existing operations and its binding black mass off-take agreement with SungEel HiTech.
Forward commitments
Any future supply, investment, or expansion remains subject to satisfactory technical and economic assessments, regulatory approvals, funding arrangements, and execution of definitive agreements. No binding black mass purchase agreement or investment commitment has been entered into under the MOU.
Livium CEO and Managing Director Simon Linge commented, “As battery recycling volumes increase, sustainability requirements become more demanding, and the need to secure critical minerals grows, we expect closed-loop recycling partnerships to become an increasingly important part of the global battery supply chain.”