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Redivium Expands European Battery Recycling Operations and Launches Trading Division

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Redivium Expands European Battery Recycling Operations and Launches Trading Division

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The latest update is out from Hannans Limited ( (AU:RIL) ).

Redivium has launched its Trading Division, partnering with WMC Energy BV to commence offtake and tolling activities, indicating promising near-term revenue generation. The company is progressing with its UK Spoke Project in Wrexham and expanding its European operations through strategic partnerships, including a collaboration with Retela AR Europe SRO in Czechia and a supply agreement with Proses Makina in Turkey. Redivium is also advancing its green bond strategy with a planned listing on the Vienna Stock Exchange, which supports its continental EU operations.

More about Hannans Limited

Redivium, established in 2002, operates in the lithium-ion battery recycling industry, focusing on advanced recycling technology across Europe. The company aims to become a leading European battery recycler, leveraging strong European regulations and funding that support recycling innovation.

Current Market Cap: A$13.58M

For a thorough assessment of RIL stock, go to TipRanks’ Stock Analysis page.

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