Piedmont Lithium , a leading global developer of lithium resources critical to the U.S. electric vehicle supply chain, today announced the selection of Etowah, Tennessee in McMinn County as the location of the Company's planned 30,000 metric ton per year LHP2 lithium hydroxide operation . With a planned completion and start of production in 2025, the Company believes Tennessee Lithium will be the largest lithium [...]
Piedmont Lithium , a leading, diversified developer of lithium resources critical to the U.S. electric vehicle supply chain, was added as a member of the U.S. Russell 2000® Index and the Russell Microcap Index as part of the 2022 Russell indexes reconstitution. Membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index. Annual reconstitution [...]
Piedmont Lithium Inc. , a leading, diversified developer of lithium resources required to enable the U.S. electric vehicle supply chain, today announced that Piedmont's partner, Sayona Mining , recently published a prefeasibility study for the restart of spodumene concentrate operations at the North American Lithium Project in Quebec . The NAL PFS contemplates average annual production of approximately 168,000 tonnes per [...]
Emerging lithium producer Sayona Mining Ltd. announced today a positive pre-feasibility study for its flagship North American Lithium Project in Quebec, Canada, confirming the NAL operation's technical and financial viability. The PFS was conducted by Sayona Mining's Canadian subsidiary, Sayona Quebec, which is owned by Sayona Mining 75% and Piedmont Lithium 25%. Highlights - Positive Pre-feasibility Study shows value of [...]
Piedmont Lithium Inc. , a leading, diversified developer of lithium resources required to enable the U.S. electric vehicle supply chain, today announced that Piedmont's partner, Sayona Mining Ltd. , recently reported the discovery of a new southern lithium pegmatite zone at the Moblan Lithium Project in Québec. Assay results from two holes at the newly defined Moblan South Discovery have identified lithium mineralization [...]
Piedmont Lithium Inc. , a leading, diversified developer of lithium resources required to enable the U.S. electric vehicle supply chain, today announced that Piedmont's partner, Atlantic Lithium , recently announced completion of a Mineral Resource estimate update for the Ewoyaa Project in Cape Coast, Ghana totaling 30.1 million metric tonnes @ 1.26% Li2O. Piedmont has an earn-in right to a 50% interest in Atlantic [...]
Piedmont Lithium Inc. today announced the closing of its previously announced underwritten public offering of 2.01 million shares of its common stock, which includes the full exercise of the underwriters' option to purchase 262,500 shares . The aggregate gross proceeds of the Public Offering, before underwriting discounts and commissions, totaled $130.8 million. Piedmont intends to use the net proceeds from the offering [...]
Piedmont Lithium Inc. today announced the pricing of an upsized underwritten public offering of 1.75 million shares of its common stock , at a price per share to the public of $65.00, for aggregate gross proceeds of $113.75 million. Piedmont has granted the underwriters a 30-day option to purchase up to an additional 262,500 shares at the issue price of the Public Offering. The Public Offering is expected to close on [...]
Piedmont Lithium Inc. today announced that it plans to conduct a public offering, subject to market and other conditions, of 1.5 million shares of its common stock . Piedmont intends to use the net proceeds from the offering to fund the Company's share of the capital required to restart the operations at North American Lithium in Quebec, to fund exploration and definitive feasibility studies at Eyowaa in Ghana, to advance [...]
Piedmont Lithium Inc., , a leading developer of lithium hydroxide production to enable the North American electric vehicle supply chain, today released a new Corporate Overview Presentation. The updated overview includes recent information addressing overall market conditions, lithium supply and demand projections from industry analysts, and pricing trends. The presentation also provides a detailed overview and update on [...]
Piedmont Lithium Inc. is pleased to report the results of a Preliminary Economic Assessment for a proposed merchant lithium hydroxide plant to expand Piedmont's planned U.S. manufacturing capacity to 60,000 metric tons per year of lithium hydroxide. The PEA results for LHP-2 demonstrate the potential for Piedmont Lithium to expand its lithium hydroxide manufacturing business using spodumene concentrate secured under [...]
Piedmont Lithium Inc. , a leading, diversified developer of lithium resources required to enable the U.S. electric vehicle supply chain, today announced that Piedmont's partner, Sayona Mining , recently announced completion of a Mineral Resource estimate update for the North American Lithium and Authier Projects in Quebec totaling 119.1 million metric tonnes @ 1.05% Li2O. Piedmont owns a 25% project interest in the North [...]