Australia's Core Lithium up on exploration plan, lithium project buy

Charger Metals NL

19/06/2026 04:54

** Shares of Australia's Core Lithium CXO.AX rise as much as 8.6% to A$0.315, hitting their highest level since June 3
** Hard-rock lithium co commences lithium exploration programme near existing mines at Finniss Lithium Operation, Australia
** Says exploration programmme designed to support resource growth and mine life extension at Finniss
** Also acquires Bynoe Lithium Project tenement from Charger Metals NL CHR.AX within Finniss Lithium Project tenement area
** Terms of deal include payment of A$3.75 million ($2.63 million) in cash, others
** Including session's moves, CXO up 8.2% YTD

($1 = 1.4286 Australian dollars)

 (Reporting by Subhalakshmi Dey in Bengaluru)
 ((subhalakshmi.dey@thomsonreuters.com))