Australia's Livium rises on term sheet for global rights to microwave technology

Livium

09/09/2025 02:37

** Shares of Livium LIT.AX rise as much as 49.6% to A$0.018, their biggest intraday pct gain since August 7, 2023

** Stock hits its highest level since January 8

** The battery recycling co signs a term sheet with the University of Melbourne

** Co says under the term sheet it will secure exclusive global rights to microwave technology for rare-earths elements extraction

** About 48.8 million shares traded in stock's busiest day since August 8, 2023, 13.9x the 30-day average

 (Reporting by Ananya Verma in Bengaluru)

 ((ananya.verma@thomsonreuters.com;))