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Hannans Limited ( (AU:RIL) ) just unveiled an update.
Redivium Limited has provided an update on its feasibility studies for a lithium-ion battery recycling plant in the United Kingdom. The company has encountered a delay due to a change in premises, necessitating updated environmental assessments and revalidation of certain study components. Despite this, Redivium remains confident in the project’s economic viability and is in advanced discussions with a strategic partner. Additionally, feasibility studies for similar projects in Czechia and Romania are progressing, supported by contracted feedstock supply, which aids in long-term planning.
More about Hannans Limited
Redivium Limited is an emerging company in the lithium-ion battery recycling industry. It focuses on developing battery recycling projects in the United Kingdom and continental Europe, with a particular emphasis on creating facilities for shredding and processing lithium-ion batteries.
Current Market Cap: A$13.58M
See more data about RIL stock on TipRanks’ Stock Analysis page.