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RIL - Redivium Limited

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kennas said:
Wiseman's $30k is looking good at the moment.

WTF is going on here?

View attachment 130526
Click to expand...

Hannans management says its all about lithium-ion battery recycling in Northern Europe. Sounds like it could be true, but we'll never know for sure. In any case, buyers are falling over themselves to get on board.

If Wiseman really did get into HNR back in early June then he's certainly having the last laugh today.

 
kennas said:
Wiseman's $30k is looking good at the moment.

WTF is going on here?

View attachment 130526
Click to expand...
Hi there. Sorry for inactivity. Yes I did and I sold yesterday with great profit. I have word on another stock but I’m waiting to hear back before I confirm anything. Hopefully you guys will jump in too this time.

FYI it’s too late to invest into HNR. The stocks on a downturn as of now.
 
LOL, HNR's big battery recycling deal is a no deal. This sounds like a quality outfit.

 
30 November 2021
Binding Agreement to Recycle Lithium Batteries in the Nordics
• Hannans signed Memorandum of Understanding (MoU) to commercialise lithium
battery recycling technology in Norway, Sweden, Denmark, and Finland1.
• All conditions precedent have now been satisfied, the MoU has been converted to a
binding agreement and Hannans officially enters the lithium battery recycling sector.
• Hannans focus turns to securing lithium battery feedstock agreements with Nordic based
companies requiring a recycling solution for scrap and end-of-life lithium batteries.
Sean K said:
LOL, HNR's big battery recycling deal is a no deal. This sounds like a quality outfit.
Click to expand...
It now sounds a little better...?

 
Announcement today.
If you are interested, go seek it out.
I would expect a delayed reaction to it.
Sometimes the chart, or more to the point, the order flow and volume balance, isn't ready for an announcement.
That's the way the cookie crumbles.

 
Now 2.2c

Hannah's has rights (via licensing arrangements) to commercialise a lithium battery recycling technology developed by Neometals, a sustainable battery materials producer with three core battery businesses.

Neometals filed a patent application for its technology in 2018 and since that time has entered a joint venture arrangement with German engineering group SMS group which has led to further agreements with German automotive company MercedesBenz, North American steel company Stelco and Japanese trading company Itochu.

Neometals Investments is Hannans largest shareholder (26.09%).
 
ASX Announcement
Announcement dated yesterday 14/11/2023, but only released today...

AUSTRALIAN HANNANS AND SERBIA’S METALFER GROUP
JOIN FORCES IN PROPOSED LITHIUM BATTERY RECYCLING PARTNERSHIP

〉 Hannans announces partnership with leading Serbian steelmaking
group Metalfer

〉 The parties aim to conduct detailed feasibility study to assess the viability of a proposed 10 tonne per day “Spoke” battery recycling plant utilising Hannans licenced lithium-ion battery (LiB) recycling technology

〉 The agreement will also consider a feedstock business plan based on an annual lithium-ion battery volume of no less than 4,000 tonnes comprising NMC, LMC, LCO and NCA chemistries for a 10 tonne per day processing capacity

 
ASX Announcement

EUROPEAN GRANT
FOR LITHIUM-ION PHOSPHATE BATTERY RECYCLING PROJECT

〉 Hannans’ project consultant, Greenhouse, secures European grant for lithium-ion phosphate battery recycling technology through its participation in the ReLiFe Project, aimed at establishing a pilot plant for LFP battery recycling.

〉 Diversifying towards LFP battery recycling supplements Hannans’ existing LiB recycling technology and provides potential exposure to a growing market.

〉 Participation in the ReLiFe Project aligns with EU targets for critical raw materials, sustainability, energy transition, and the circular economy.
 
On December 4th, 2023, Hannans Ltd (HNR) changed its name and ASX code to Redivium Limited (RIL).
 
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