Chariot Corporation’s New Pilot Mine Strategy

Chariot Corporation Limited (AU:CC9) has released an update.

Chariot Corporation Limited shifts its focus to a new strategy for the Black Mountain lithium project in Wyoming, aiming to establish a pilot mine to meet the increasing U.S. lithium demand. The company plans to define a small-scale lithium resource through a Phase 2 drilling program, which could lead to a cost-effective and quickly scalable pilot production of spodumene concentrate. This strategic move leverages Wyoming’s favorable mining permit system and the site’s proximity to rising lithium hydroxide refineries in the southwestern United States.

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