Hannans Ltd. announced that it has executed a heads of agreement (Greenhouse Agreement) with Greenhouse Investments Ltd. (Greenhouse) effectively granting Hannans the right to enter the lithium battery (LiB) recycling markets in the United Kingdom, Ireland, Italy, and the Balkans (Greenhouse Transaction). In addition, Hannans has secured Greenhouse's market intelligence and relationships in these regions. The Greenhouse Agreement more than doubles Hannans addressable market for scrap and end-of-life batteries.

Late 2021 Hannans executed an agreement with Critical Metals Ltd. (Critical) providing it with a right to commercialise a LiB recycling technology in Sweden, Norway, Finland, and Denmark, and by combining these territories with the United Kingdom, Ireland, Italy, and the Balkans Hannans has established tremendous leverage to the rapidly growing European LiB recycling sector, and specifically countries with the highest penetration rate of electric vehicles.