Piedmont Lithium Reports Third Quarter 2023 Results
2023-11-07 05:09:20 Inaugural Revenue and Profit Recorded on Commencement of Lithium Concentrate Shipments Revenue of $47.1 million on sales of 29,011 dry metric tons (dmt) of lithium concentrate. Gross profit of $23.8 million, reflecting a gross profit margin of 50.4%. Net income of $22.9 million and adjusted net income(1) of $16.9 million. Diluted earnings per […]
Piedmont Lithium Updates Timing of Q3 Earnings Release
2023-11-02 03:56:03 BELMONT, N.C. / Nov 02, 2023 / Business Wire / Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading global supplier of lithium resources critical to the U.S. electric vehicle supply chain, today announced that it will issue the release of its third quarter 2023 earnings at 7:00 AM Eastern […]
Piedmont Lithium: Ghana Sovereign Wealth Fund to Invest in Ewoyaa Project
2023-09-11 03:52:08 Mr. Keith Phillips reports: The Minerals Income Investment Fund of Ghana to acquire 6% interest in Ewoyaa for $27.9 million The sovereign wealth fund’s investment is a significant endorsement of the Ghanaian hard-rock lithium project Investment and ongoing contributions by MIIF to reduce capex investments equally for Piedmont and Atlantic Lithium MIIF also […]
Piedmont Lithium Announces Fall Conference Participation
2023-08-31 03:52:10 BELMONT, N.C. / Aug 31, 2023 / Business Wire / Piedmont Lithium Inc. (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading global producer of lithium resources critical to the U.S. electric vehicle supply chain, today announced executive and senior leadership participation in the following industry conferences this fall: Jefferies 2023 Industrials […]
Piedmont Lithium Plans Development Funding for Ewoyaa
2023-08-17 03:52:29 Mr. Keith Phillips reports: Company exercises option to acquire 22.5% stake in Atlantic Lithium’s flagship project Piedmont making staged investments to earn 50% of Atlantic Lithium’s Ghanaian portfolio Support for Ewoyaa Lithium Project reflects Piedmont’s confidence in development of Ghana assets Ewoyaa development furthers Piedmont’s strategy to secure feedstock for planned Tennessee conversion […]
Piedmont Lithium Partners Release Technical Studies
2023-06-30 03:54:12 Atlantic Lithium releases DFS for Ewoyaa Lithium Project Sayona Mining publishes preliminary technical study for carbonate production at NAL BELMONT, N.C. / Jun 30, 2023 / Business Wire / Piedmont Lithium (the “Company,” “Piedmont,” “we”, “our” and “us”) (Nasdaq: PLL; ASX: PLL), a developer of lithium resources critical to the U.S. electric vehicle […]
Piedmont Lithium Expands Senior Leadership
2023-06-22 03:53:21 James Griffiths joins as Senior Vice President of Corporate Development and Treasury; Kara deBorde joins as Vice President of Risk Management BELMONT, N.C. / Jun 22, 2023 / Business Wire / Piedmont Lithium (“Piedmont”, “Company”) (Nasdaq: PLL; ASX: PLL), a developer of lithium resources critical to the U.S. electric vehicle supply chain, today […]
Piedmont Lithium Completes Definitive Feasibility Study of Tennessee Lithium Project
2023-04-20 03:53:20 Mr. Keith Phillips reports: Study demonstrates robust project economics, positive impacts of the Inflation Reduction Act Feasibility indicates results of NPV8 of $2.5 billion and post-tax IRR of 32% for the 30-year project Average annual steady state EBITDA and after-tax cash flow increase to $376 and $317 million, respectively Project economics demonstrate positive […]
Piedmont Lithium Partner Sayona Mining Announces Positive NAL DFS and Increased Resource at Moblan
2023-04-18 03:52:49 Definitive Feasibility Study of spodumene concentrate production at North American Lithium increases annual production targets in advance of first shipments to customers JORC and NI 43-101 compliant Measured & Indicated Mineral Resources at Moblan increased to 41.1 million metric tons @ 1.32% Li2O at a cut-off grade of 0.55% Li2O BELMONT, N.C. / […]
Sayona Mining and Piedmont Lithium Announce Successful Restart of North American Lithium
2023-03-30 03:56:05 Commissioning of Quebec project was completed on time and on budget Commercial operations commenced with deliveries to Port of Quebec City ongoing First commercial shipments to customers targeted for Q3 2023 Only major source of new spodumene concentrate expected in North America in the near term QUEBEC, Canada / Mar 30, 2023 / […]
Piedmont Lithium to Participate in Upcoming Industry Conferences
2023-02-23 04:53:38 Company to discuss first production at North American Lithium, offtake updates, near-term cash flow, and key project advancements BELMONT, N.C. / Feb 23, 2023 / Business Wire / Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq:PLL; ASX:PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle (“EV”) supply chain, […]
Piedmont Lithium Expands Board of Directors
2023-01-04 05:00:12 Christina Alvord and Michael Bless appointed to newly created directorships BELMONT, N.C. / Jan 04, 2023 / Business Wire / Piedmont Lithium (“Piedmont” or “the Company”) (Nasdaq:PLL; ASX:PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle (“EV”) supply chain, today announced that the Company’s Board of Directors […]
Piedmont Lithium Amends Agreement With Tesla
2023-01-03 04:52:41 BELMONT, N.C. / Jan 03, 2023 / Business Wire / Spodumene Concentrate from North American Lithium Offtake to Supply Tesla Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq:PLL; ASX:PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle (“EV”) supply chain, today announced that it has amended its agreement with […]
Piedmont Lithium Partner Atlantic Lithium Confirms High-Grade Mineralization, Completing Drilling Program for Ghana Project
2022-10-24 04:05:48 BELMONT, N.C. / Oct 24, 2022 / Business Wire / Piedmont Lithium (“Piedmont” or “Company”) (Nasdaq:PLL; ASX:PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle (“EV”) supply chain, today announced that Atlantic Lithium (AIM:ALL; ASX:A11) has completed infill and exploration drilling for their flagship Ewoyaa project in Ghana. […]
Piedmont Lithium Partner Atlantic Lithium Completes Prefeasibility Study for Ghana Project
2022-09-27 03:53:27 BELMONT, N.C. / Sep 27, 2022 / Business Wire / Piedmont Lithium (“Piedmont”, “Company”) (Nasdaq: PLL; ASX: PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle (“EV”) supply chain, today announced that Atlantic Lithium (AIM: ALL; ASX: A11) has completed a prefeasibility study (“PFS”) for Piedmont’s Ghana Project […]
Piedmont Lithium Continues Growth, Strengthening Senior Management Team
2022-09-21 04:01:06 BELMONT, N.C. / Sep 21, 2022 / Business Wire / Piedmont Lithium (“Piedmont”, “Company”) (Nasdaq: PLL; ASX: PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle (“EV”) supply chain, today announced the addition of two new senior leaders as part of its growth strategy to support the increasing […]
Piedmont Lithium Selects Tennessee for New Lithium Hydroxide Project
2022-09-01 07:12:57 BELMONT, N.C. / Sep 01, 2022 / Business Wire / Piedmont Lithium (“Piedmont”) (Nasdaq: PLL; ASX: PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle (“EV”) supply chain, today announced the selection of Etowah, Tennessee in McMinn County as the location of the Company’s planned 30,000 metric ton […]
Piedmont Lithium Added to Russell 2000® Index
2022-07-06 03:52:44 BELMONT, N.C. / Jul 06, 2022 / Business Wire / Piedmont Lithium (Nasdaq:PLL; ASX:PLL), 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. […]
Piedmont Lithium and Sayona Mining Formalize Restart Plans for North American Lithium in Quebec
2022-06-28 03:56:58 BELMONT, N.C. / Jun 28, 2022 / Business Wire / Piedmont Lithium (“Piedmont”) (Nasdaq: PLL; ASX: PLL), a leading, diversified developer of lithium resources critical to the U.S. electric vehicle supply chain, today announced that the board of directors of Sayona Quebec Inc. (“SYQ”), which is owned 75% by Sayona Mining (“Sayona”) and […]
Piedmont Lithium Announces Pricing of Upsized Public Offering of Common Stock
2022-03-22 14:00:14 NEW YORK / Mar 22, 2022 / Business Wire / Piedmont Lithium Inc. (“Piedmont” or the “Company”) (Nasdaq:PLL; ASX:PLL) today announced the pricing of an upsized underwritten public offering of 1.75 million shares (“shares”) of its common stock (“Public Offering”), at a price per share to the public of $65.00, for aggregate gross […]
Piedmont Lithium Announces Proposed Public Offering of Common Stock
2022-03-21 13:23:24 NEW YORK / Mar 21, 2022 / Business Wire / Piedmont Lithium Inc. (“Piedmont” or the “Company”) (Nasdaq:PLL; ASX:PLL) today announced that it plans to conduct a public offering, subject to market and other conditions, of 1.5 million shares (“shares”) of its common stock (“Public Offering”). Piedmont intends to use the net […]
Piedmont Lithium Releases Updated Corporate Presentation for March 2022
2022-03-15 04:00:44 BELMONT, N.C. / Mar 15, 2022 / Business Wire / Piedmont Lithium Inc., (“Piedmont” or the “Company”) (NASDAQ: PLL; ASX: PLL), 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 […]
Piedmont Lithium Outlines 2022 Development Plans
2022-02-03 07:26:33 Carolina Lithium Advancing Toward Final Investment Decision International Investments Support Plans for Additional U.S. Hydroxide Production Piedmont expects to double U.S. lithium hydroxide production to 60,000 tpy 30,000 tpy at the fully integrated Carolina Lithium Project 30,000 tpy at a second planned U.S. plant, with site selection expected […]
Piedmont Lithium Increases Mineral Resources With Completion of Phase 5 Infill Drilling
2021-10-21 04:02:17 BELMONT, N.C. / Oct 21, 2021 / Business Wire / Piedmont Lithium Inc. (Nasdaq: PLL) (“Piedmont” or “Company”) is pleased to announce an updated global Mineral Resource estimate (“MRE”) (Table 1 attached) for the Company’s flagship Carolina Lithium Project in North Carolina, USA. The MRE includes updates for lithium and industrial mineral products. […]