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Redivium Limited Launches EUR 25 Million Green Bond to Boost European Battery Recycling

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Redivium Limited Launches EUR 25 Million Green Bond to Boost European Battery Recycling

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

Redivium Limited has successfully completed the formalities for listing EUR 25 million in green debenture bonds through its subsidiary, marking a strategic milestone in its expansion and commitment to sustainable recycling. The funds will accelerate development of their UK battery recycling facility and enhance operational capacity, supporting regulatory frameworks and green investment objectives, with bonds listed on the Vienna Stock Exchange and a secondary listing intended for Frankfurt.

More about Hannans Limited

Redivium Limited is a company involved in sustainable battery recycling initiatives, focusing on urban mining solutions in Europe. It operates primarily through its wholly-owned Irish subsidiary, Redivium Europe Limited, and aims to address the growing demand for recycled battery materials in the UK and other key European markets.

Current Market Cap: A$13.58M

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

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