CHARGER METALS NL ORD
Core Lithium initiates trading halt on proposed $6.5m takeover of Charger Metals
Core Lithium (ASX: CXO) has entered into a trading halt following news of a takeover offer for Charger Metals (ASX: CHR). The company requested the trading halt be placed on its securities effective immediately, pending the release of a response to the Charger announcement. Charger revealed in a company update this morning that it had […]
Market wrap: Australian market follows Wall Street down
Once again, an Australian encore followed a Wall Street sell-off as investors grew increasingly nervous about the prospect for rate falls, with bond yields rising and shares in interest rate sensitive areas falling. Weakness in commodity prices didn’t help the Australian market, with falling prices for iron ore and gold helping to broaden the decline […]
Charger Metals identifies lithium and niobium anomalies at Lake Johnston project
An infill soil sampling program by Charger Metals (ASX: CHR) has further delineated surface lithium anomalies at the Mt Gordon prospect within the Lake Johnston project in Western Australia. The discovery includes new discrete anomalies defined near historic drill holes, which logged pegmatite intersections with elevated lithium values. They lie adjacent to the Jaegermeister lithium […]
Charger Metals secures Rio Tinto backing for Lake Johnston lithium project
Charger Metals (ASX: CHR) is to be joined by Rio Tinto (ASX: RIO), the world’s second largest mining company, in its hunt for lithium in Western Australia after entering into a binding farm-in agreement for the Lake Johnston lithium project. The farm-in deal with Rio Tinto subsidiary Rio Tinto Exploration (RTX) was part of a […]