Livium has entered talks with Australian and international developers of rare-earth element (REE) extraction technologies, as part of its strategy to expand into emerging areas of the circular economy.
The move builds on Livium’s core strengths in sustainable recovery and positions the company to support global efforts to diversify REE supply chains and tap into the growing market for recycled REE, particularly from end-of-life products.
The REE market is forecast to reach $9.6 billion by 2026, with recycling poised to become a valuable commercial niche.
Livium managing director and chief executive officer Simon Linge said the company is aligning its capabilities with global trends.
“Rare earth elements are essential to power technologies that are driving the energy transition, yet global supply chains remain vulnerable to ongoing geopolitical shifts,” Linge said.
“By actively pursuing options to commercialise REE extraction technologies, we are strategically positioning Livium to meet this growing demand while remaining anchored in our strengths in resource recovery and process innovation.”
Livium’s existing subsidiary, Envirostream, already engages in early-stage REE recovery steps such as shredding and magnetic separation.
This provides a natural extension point for entering the REE space, particularly across its client base in clean energy and e-mobility.
Global demand for rare earths is surging as automakers like Ford and Suzuki face component shortages due to export restrictions from China.
This is pushing companies to seek alternative supply solutions, including recycling.
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