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Magnis Energy Technologies Limited ( (AU:RYZ) ) has shared an announcement.
Ryzon Materials Ltd will be removed from the Australian Securities Exchange, with trading in its shares ceasing ahead of its delisting on 21 January 2026, and will shift its disclosure practices to publishing announcements on its own website. The company has been pursuing a potential listing on a US exchange, has raised over $10 million in recent months in anticipation of a prior ASX re-quotation, and is engaged in further fundraising discussions while continuing to advance its Nachu Graphite Project towards production, developments that may reshape its capital markets access and strategic positioning for shareholders and industry partners.
More about Magnis Energy Technologies Limited
Ryzon Materials Ltd is a vertically integrated lithium‑ion battery technology and materials company operating within the lithium-ion battery supply chain. With a strategic focus on enabling electric mobility and renewable energy storage, the company positions itself as a contributor to the green energy transition by supplying key materials, including graphite from its Nachu Graphite Project, and related battery technologies.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$50.38M
Learn more about RYZ stock on TipRanks’ Stock Analysis page.