LIT 0.00% 2.2¢ lithium australia limited

... between the 2 arrangements (previous-Milwaukee &...

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    ... between the 2 arrangements (previous-Milwaukee & new-Bunnings), that would cover a very large % of powertool cordless batteries sold in Australia. Only question will be how much Envirostream had to promise to get the deals across the line. (unfortunately the release doesnt indicate any financial info)

    Envirostream to collect spent batteries from all Bunnings stores
    HIGHLIGHTS Bunnings Group Limited ('Bunnings') has executed a Supply of Services Agreement – Battery Stewardship Scheme ('Agreement') with EnvirostreamAustralia Pty Ltd ('Envirostream') for the collection of spent batteries from its stores in Australia and selected stores in New Zealand
    Agreement terms
    The Agreement runs until 30 June 2024, at which time Bunnings has the option to extend it for a further 12 months. Envirostream will provide a Battery Product Stewardship Program ('Program’) at all relevant sites across Australia and New Zealand. The Program must incorporate all the requirements of the BSS for managing every type of battery covered by the BSS (‘Services’).The Services include, but are not limited to: provision and maintenance of suitable collection units for spent batteries; collection and transportation of spent batteries from all Bunnings sites; recycling of the spent batteries collected from Bunnings sites; education and participation in marketing campaigns, in conjunction with Bunnings,and reporting. The BSS is currently anticipated to be operational from 1 January 2022. Service fees and service rebates for Australia are linked to the expected rebates payable on a perkilogram-collected basis from commencement of the BSS.

 
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