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flag Chariot Resources surged 55% after Nigeria approved transferring lithium mining licences to a joint venture it leads.

flag Chariot Resources shares jumped 55% to 15 cents after Nigeria approved transferring six mining licences to a joint venture, C&C Minerals, with Chariot owning 66.66%. flag The licences cover 254 square kilometres across Oyo and Kwara states, including four project clusters with a history of artisanal lithium production. flag Only routine steps remain before Chariot begins field exploration, marking the first time an ASX-listed pure-play lithium company will explore in Nigeria. flag The company is also advancing lithium projects in the U.S., with high-grade surface mineralisation identified in Wyoming and Nevada, and is pursuing offtake deals and funding for potential early production.

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