Nigeria, April 17 -- An Australian mining company, Chariot Resources Limited, now has permission to mine lithium in Nigeria after the country's mining regulator approved six licences for its operations.

The Nigerian Mining Cadastre Office (MCO) approved the transfer of the licences to C&C Minerals Limited, a Nigerian subsidiary of Chariot. The licences include four exploration permits and two small-scale mining licences, previously held by Continental Lithium Limited.

In a recent statement, the company said the approvals cover the Fonlo and Gbugbu exploration projects, as well as small-scale mining interests at the Saki project in Kwara and Oyo states.

Chariot's Executive Chairman and Managing Director, Shanthar Pathmanathan, described...