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Hannans Limited ( (AU:RIL) ) just unveiled an update.
Redivium Limited reported that during the March 2026 quarter it advanced operational, corporate and financial work streams while its shares remained suspended from trading on the ASX. The company worked on recapitalisation, completed outstanding financial reporting, and engaged advisors and potential investors with the aim of restoring an appropriate capital structure and achieving reinstatement to quotation as soon as regulatory conditions are met.
Operationally, Redivium pushed ahead with its European battery recycling projects, focusing on securing an alternative UK site after the collapse of a Wrexham lease and updating feasibility studies to reflect revised environmental and permitting parameters. The company also evaluated integrating modular downstream refining to improve project economics, while progressing planning and feasibility work for projects in Czechia and Romania that are expected to move forward in line with its strengthened capital position.
More about Hannans Limited
Redivium Limited is an Australian-listed company focused on battery recycling and related processing projects in Europe, with a particular emphasis on developing spoke facilities and downstream refining capabilities. Its primary activities centre on establishing commercial-scale recycling operations in the United Kingdom and continental Europe to capture value from end-of-life batteries and support the regional energy transition.
Current Market Cap: A$13.58M
For an in-depth examination of RIL stock, go to TipRanks’ Overview page.