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Hannans Limited ( (AU:RIL) ) has shared an announcement.
Redivium Limited, an entity involved in lithium-ion battery recycling, is working on corporate restructuring and project development activities while its securities are suspended from the ASX. The company is focusing on recapitalization, engaging with Australian investor groups, and preparing for a capital raising to support reinstatement. Project development includes a UK lithium-ion battery recycling facility, with feasibility studies being revised due to a change in premises, and ongoing studies for projects in Czechia and Romania. Despite delays in securing a UK site lease, Redivium continues to explore alternative sites and modular refining solutions.
More about Hannans Limited
Current Market Cap: A$13.58M
See more data about RIL stock on TipRanks’ Stock Analysis page.