Livium, formerly known as Lithium Australia (ASX:LIT), said its subsidiary, Envirostream Australia, signed an AU$850,000 grant funding agreement with the Western Australian government, according to a Wednesday filing with the Australian bourse.
The grant will be used to partially fund the development of a battery recycling facility for electronic waste management, the filing stated. It forms part of the Western Australian government's AU$5.4 million additional grants for e-waste recycling initiatives across the state.