Hannans Limited (previously known as Hannans Reward), together with its subsidiaries, engages in the exploration, evaluation, and development of gold and base metal properties in Western Australia. It explores for gold, nickel, iron, manganese, and base metal properties. The company’s principal project includes the Forrestania nickel and gold project located to the east of Hyden, Western Australia. 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 in northern Sweden and the portfolio of copper-gold projects in Sweden and Norway.
Hannans has three core subsidiaries: HE Equities, HR Forrestania, and Reed Exploration.