Lithium Australia Refocuses, Sells Charger Metals Stake
Company Announcements

Lithium Australia Refocuses, Sells Charger Metals Stake

Charger Metals NL (AU:CHR) has released an update.

Lithium Australia has divested its 7.6 million shares in Charger Metals and its 30% stake in the Bynoe Lithium Project to Core Lithium, in a strategic move to focus on core operations and provide financial flexibility for growth. The share transaction is valued at approximately A$541k, with an additional A$500k for the project interest, while also retaining potential upside from any near-term acquisition of Charger Metals.

For further insights into AU:CHR stock, check out TipRanks’ Stock Analysis page.

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