BIF - Investment in Linca

13/07/2026 11:26 NZST, TRANSACT

Booster NZ is pleased to announce an investment of $300,000 by its Booster Innovation Fund (BIF) in Linca, an early-stage New Zealand company that is developing technology to domestically recover critical minerals from end-of-life lithium-ion.

Linca’s process aims to extract recycled critical minerals, including lithium, nickel and cobalt from the black mass of waste batteries within onshore modular facilities, rather than exporting offshore where value is lost. The solution reduces reliance on mining and smelting to source minerals, enhances metal sovereignty and enables transparent and circular manufacturing capabilities.

Following this transaction (and issue of additional units to fund the purchase), Linca will represent 1.2% of BIF’s investment portfolio which currently has over 35 active companies, and a net asset value of $25.3m. This investment aligns with Booster Innovation Fund’s commitment to supporting innovative New Zealand businesses at the seed of their growth.

Investors can continue to purchase units in BIF on the NZX or can subscribe for units in the fund as part of the process described in the fund’s Product Disclosure Statement (PDS) that is available at www.booster.co.nz

For further information regarding BIF visit https://www.booster.co.nz/booster-investments/booster-innovation-fund.aspx

For more information, please contact:

Gary Scott

Company Secretary

Booster Investment Management Limited

04 8944300

About Booster

Booster Investment Management Limited (Booster) is the manager and issuer of the Fund, and part of the Booster Group which has been helping New Zealanders save since 1998. The group currently administers superannuation and investment funds of over $8 billion on behalf of more than 200,000 New Zealanders.

BIF is a managed investment fund that invests in early-stage companies founded on intellectual property originated or developed in New Zealand.

For more information, including a copy of the Product Disclosure Statement, please visit www.booster.co.nz

Attachments

  1. Investment in Linca