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An announcement from Hannans Limited ( (AU:RIL) ) is now available.
Redivium Limited, operating under long-term suspension from the ASX, focused on maintaining compliance and exploring funding and business opportunities during the June 2025 quarter. The company evaluated potential projects in recycling and technology-aligned processing, while also reviewing funding options to stabilize operations. A significant development was the finalization of a Marketing and Offtake Agreement with WMC Energy BV, a major international battery materials trading group, which provides a structured framework for marketing and selling black mass from the proposed UK recycling facility. This agreement marks a commercial milestone, supporting future sales and discussions with potential partners for the UK initiative.
More about Hannans Limited
Current Market Cap: A$13.58M
For a thorough assessment of RIL stock, go to TipRanks’ Stock Analysis page.