Australia's Hannans jumps on lithium-ion battery recycling deal

Redivium

08/10/2021 01:47

** Diversified miner  HNR.AX  rises as much as 10.9% to
A$0.026, biggest intraday pct jump since Sept. 24
    ** Says https://hannans.com/reports/121647-HNR-211008-FINAL-LiB-Recycling-in-Europe---1st-condition-satisfied.pdf
 signed a MoU with an unlisted Australian firm Critical Metal,
which supplies nickel, cobalt, lithium-sulphate from the Nordic
region into Europe
    ** Under the MoU, Critical to provide HNR rights to recover
high-purity metals from scrap and depleted lithium-ion batteries
in Norway, Sweden, Denmark, and Finland
    ** HNR has more than quadrupled this year, as of last close

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com;))