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Company Profile


Hannans vision is to build a successful exploration and production company.


Our mission is to develop an economic interest in a portfolio of mineral exploration, development and production assets.

Our focus is to provide shareholders with a satisfactory return on investment by managing our people, projects and capital in an entrepreneurial and responsible manner.

We recognise that a professional, knowledgeable and ethical team of directors, employees and consultants is the key to our business.

The ability to implement the strategic plan is determined by Hannans' ability to access funding. Hannans may be sole funding exploration, contributing funding to maintain a joint venture interest, free-carried to a decision point, or receiving a royalty from production. Hannans will fund the development of its portfolio of projects via equity raisings at increasing valuations, project sales and farm-outs.


Hannans Reward Limited (“Hannans”) was founded in February 2002 in Torbay, Western Australia by Dr Ernest Dechow, Mr William (Bill) Hicks and Mr Damian Hicks. Mr Richard Scallan was appointed Chairman of the Board in Kalgoorlie, Western Australia on 23 May 2002.

The Company’s initial focus was exploring for precious and base metals in Western Australia. It assembled a portfolio of greenfields exploration projects in the Yilgarn and Pilbara regions and listed on the Australian Securities Exchange on 5 December 2003.

Since inception Hannans has successfully conducted exploration campaigns in the East Pilbara, Forrestania, Lake Johnston and Queen Victoria Rock (within the Goldfields region) for nickel, gold, lithium, iron and manganese.

In 2012 Hannans acquired ASX listed Scandinavian Resources Limited including its subsidiary companies Scandinavian Resources AB and Kiruna Iron AB. The purpose of the acquisition was to gain access to the Kiruna Iron Project and the portfolio of copper-gold projects in Sweden and Norway. In 2016 Hannans demerged its Scandinavian projects into Critical Metals Ltd www.criticalmetals.eu.

Hannans and its subsidiaries have completed agreements over time with major mining companies including Vale Exploration Australasia, Anglo American Exploration, Boliden and Rio Tinto Exploration and many junior exploration and mining companies.


Care: prioritising safety; health; the environment; and community.

Integrity: striving to be consistent; staying true to our values; and accountable for our actions.

Fairness & Respect: valuing diversity & difference; acting without prejudice; and communicating with courtesy.

Transparency: being honest; addressing problems; and being clear with our communications.

Collaboration: sharing ideas and knowledge; encouraging cooperation; listening to our stakeholders; and building long term relationships.

Awareness: taking account of all identified key issues in our decisions; and considering future impacts.

Commitment: staying focused on the core objectives; making pragmatic, quality technical and commercial decisions; and being decisive with the courage of our convictions.