Redivium Launches Green Bond for Recycling Expansion
Company Announcements

Redivium Launches Green Bond for Recycling Expansion

Hannans Limited (AU:RIL) has released an update.

Redivium Limited has announced the initiation of a green bond offering process to raise EUR 25 million to support its battery recycling expansion across Europe and enhance environmental sustainability. The funds are intended to accelerate the UK project and advance Redivium’s European project pipeline, with the aim of meeting the rising demand for battery recycling as part of the green energy transition. Updates on the bond offering’s progress will be provided, with the goal of completing the process by the end of 2024.

For further insights into AU:RIL stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App