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Chariot Corporation Limited ( (AU:CC9) ) has issued an update.
Chariot Corporation Limited has announced its acquisition of a 66.7% stake in a Nigerian lithium portfolio through a joint venture with Continental Lithium Limited. This strategic move positions Chariot as a significant player in the rapidly developing Africa-China lithium supply corridor, providing exposure to a market with increasing demand from Chinese buyers. The acquisition includes four project clusters in Nigeria, which are expected to enhance Chariot’s industry positioning and offer substantial exploration potential.
More about Chariot Corporation Limited
Chariot Corporation Limited is a publicly listed company involved in lithium exploration. The company focuses on expanding its operations in underexplored regions with high potential for lithium mineralization, such as Nigeria, to tap into the growing Africa-China lithium supply corridor.
Average Trading Volume: 83,351
Technical Sentiment Signal: Sell
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