This collaboration aims to establish a new digital framework for tracking and verifying carbon reductions and mineral circularity.
Key Highlights
- Livium’s battery recycling processes recover critical minerals such as lithium, nickel, and cobalt from end-of-life batteries, significantly reducing the need for virgin extraction and associated carbon emissions.
- By enabling accurate tracking of mineral recovery and emissions via NoviqTech’s Carbon Central platform, the project partnership will generate tokenised environmental attributes and support compliance with evolving global regulations on battery traceability and carbon emissions reporting.
- The initiative uses NoviqTech’s Digital Twin technology on its Carbon Central platform to model battery recycling processes, integrate real-time data from operational systems, and support transparent carbon accounting, positioning Livium for alignment with emerging battery passport standards and regulations.
- This project partnership comes at a critical time for Livium who, in response to anticipated growth in battery volumes, is planning to consolidate current operations onto a larger site and expand nationally, as supported by a recently announced grant from the WA government.
- Tokenisation is powered by Hedera’s distributed ledger, ensuring the credibility, immutability, and traceability of each environmental asset generated.
Project Overview
This partnership represents a pioneering approach to battery recycling, enabling digital tracking and validation of emissions reductions by recycling and reusing existing battery materials in place of mining new resources.
Utilising technology in this way demonstrates Livium’s commitment to developing solutions to address the increasing demand for sustainable and traceable battery supply chains. Its adoption also demonstrates Livium’s ability to further decarbonise global sectors by linking its operational data to real-time carbon insights and digital tokens.
NoviqTech’s Carbon Central platform will underpin this initiative. By creating Digital Twins (digital replica of operations) of Livium’s facilities, the platform will automate key aspects of sustainability reporting, including:
- Emissions reductions from recycling compared to primary extraction.
- Energy inputs and efficiency metrics.
- Mass balance and traceability of recovered battery materials.
- Generation of digital certificates and tokens aligned with global battery standards and regulations.
This data-driven approach will help Livium meet evolving regulatory, customer, and investor expectations for transparency in ESG performance, particularly in critical minerals management and end-of-life battery recovery.
Tokenisation via NoviqTech’s Carbon Central platform
Tokenisation on NoviqTech’s Carbon Central platform involves the creation of digital certificates that represent verified environmental outcomes, such as carbon reductions and critical mineral recovery, based on real operational data from Livium’s battery recycling operations.
These certificates are recorded on the Hedera distributed ledger, ensuring an immutable, transparent, and independently verifiable audit trail of sustainability outcomes.
This approach allows Livium to align with global reporting frameworks and emerging regulations, including battery passports, while also creating commercial value through trusted environmental disclosures.
Under the terms of the agreement, Livium will utilise the basic tier pricing category of $1,000 (USD 643) per month. Once operational, a per-token fee will apply. Final pricing tiers and tokenisation volumes will be confirmed during the project and the parties will update the market as soon as confirmed. Token volumes reset monthly.
The subscription is on a month-by-month basis, with either party able to terminate with 30 days’ notice as per the signed agreement. As of 30 May 2025 NoviqTech is unable to calculate the expected revenue from tokenisation, as Livium’s commercial volumetrics are yet to be confirmed.
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