Chariot lines up China-backed Nigerian lithium offtake deal
AI Summary
Chariot Resources has agreed to a offtake deal backed by Chinese firms including Xiamen C&D for lithium projects in Nigeria, involving funding for drilling, trial mining, and offtake arrangements. This deal underscores China's investment in African lithium resources.
Chariot Resources surged after inking a deal with Chinese behemoth Xiamen C&D and others for a funded drilling, trial mining and offtake program at its Nigerian lithium projects.
Politics Markets Deals Commodities Chariot Resources lithium China Nigerian mining offtake deal Xiamen C&D