Economy

Chariot to tap US capital markets in dual listing move

The US listing move mirrors a playbook straight out of the critical minerals race. Peers Locksley Resources and Dateline Resources recently debuted on the OTC to push their respective Mojave antimony-rare earths and Colosseum gold-rare earths projects near MP Materials’ renowned Mountain Pass mine. Chariot is now joining the fold, eyeing a broader investor pool to fuel its next steps.

More players in the game means more liquidity, potentially giving Chariot’s shares a livelier ticker and unlocking value for its Aussie and US shareholders.

The listing also syncs with US market hours, giving global investors a second daily trading window alongside the ASX.

It’s a savvy way to keep the ball rolling across time zones.

With the US government reportedly sniffing around lithium investments to secure domestic supply, Chariot’s US assets – Black Mountain’s spodumene-rich pegmatites and Resurgent’s claystone potential -put it square in the frame.

Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au

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  • Source of information and images “brisbanetimes”

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