Lithium Australia’s Envirostream Signs Exclusive Battery Recycling Agreement with Hyundai Glovis

Release Highlights:

• Envirostream has signed a new exclusive agreement with Hyundai Glovis to provide battery recycling services for Hyundai Glovis batteries in Australia. The agreement has an initial 3-year term, and the Company expects it to increase large-format lithium-ion battery collection volumes.
• Hyundai Glovis is a world leading logistics provider which operates a distribution network and is part of the Hyundai Motor Group.
• Envirostream remains focused on executing the strategy of signing recycling agreements with leading EV and ESS1 manufacturers to secure future lithium-ion battery supply.