PLL

Piedmont Announces Upcoming Conference Participation

Retrieved on: 
Donnerstag, Mai 16, 2024

Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest.

Key Points: 
  • Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest.
  • Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX: SYA) and in Ghana with Atlantic Lithium (AIM: ALL; ASX: A11).
  • We believe these geographically diversified operations help us to play a pivotal role in supporting America’s move toward energy independence and the electrification of transportation and energy storage.
  • For more information, follow us on Twitter @PiedmontLithium and visit www.piedmontlithium.com .

High-Grade Drill Results at North American Lithium

Retrieved on: 
Mittwoch, Mai 15, 2024

Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, today announced that new and expanded high-grade lithium mineralization zones have been identified at North American Lithium (“NAL”) in Quebec.

Key Points: 
  • Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, today announced that new and expanded high-grade lithium mineralization zones have been identified at North American Lithium (“NAL”) in Quebec.
  • The results of the 2023 NAL drill program indicate the potential for a significant mineral resource upgrade and possible mine life extension.
  • “The drill program at North American Lithium demonstrates the potential for near-term upgrades to NAL’s resources and reserves,” said Keith Phillips, President and CEO of Piedmont Lithium.
  • NAL is the largest lithium operation in North America, and ramp-up is nearing completion.

Lithium Miners Strategize for Long-Term Gains as Market Recovers

Retrieved on: 
Freitag, Mai 3, 2024

VANCOUVER, BC, May 3, 2024 /PRNewswire/ -- USA News Group – Despite what appears to be a supply glut currently in the global lithium market, already there are signs of a lithium rebound on the horizon. According to Statista, global lithium demand is projected to grow through next year, while Fastmarkets predicts lithium supply will increase 30% in 2024. Fastmarkets also expects that by 2030, US lithium demand alone will grow by nearly 500%. Looking ahead, lithium miners continue to move their chess pieces onto the board with anticipation of long-term rewards, including the work of Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Sociedad Química y Minera de Chile S.A. (SQM) (NYSE:SQM), Piedmont Lithium Inc. (NASDAQ:PLL), Lithium Americas Corp. (NYSE:LAC) (TSX:LAC), and Rio Tinto Group (NYSE:RIO).

Key Points: 
  • According to Statista, global lithium demand is projected to grow through next year, while Fastmarkets predicts lithium supply will increase 30% in 2024.
  • The concentrated lithium solution will then be processed into lithium carbonate technical grade.
  • "However, the excess in lithium and battery materials capacity seen during last year is expected to continue during this year, keeping pressure on lithium market prices.
  • If brought to completion, the project could supply 90% of Europe's current lithium needs, and make Rio Tinto a leading lithium producer.

Lithium Miners Strategize for Long-Term Gains as Market Recovers

Retrieved on: 
Freitag, Mai 3, 2024

VANCOUVER, BC, May 3, 2024 /PRNewswire/ -- USA News Group – Despite what appears to be a supply glut currently in the global lithium market, already there are signs of a lithium rebound on the horizon. According to Statista, global lithium demand is projected to grow through next year, while Fastmarkets predicts lithium supply will increase 30% in 2024. Fastmarkets also expects that by 2030, US lithium demand alone will grow by nearly 500%. Looking ahead, lithium miners continue to move their chess pieces onto the board with anticipation of long-term rewards, including the work of Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Sociedad Química y Minera de Chile S.A. (SQM) (NYSE:SQM), Piedmont Lithium Inc. (NASDAQ:PLL), Lithium Americas Corp. (NYSE:LAC) (TSX:LAC), and Rio Tinto Group (NYSE:RIO).

Key Points: 
  • According to Statista, global lithium demand is projected to grow through next year, while Fastmarkets predicts lithium supply will increase 30% in 2024.
  • The concentrated lithium solution will then be processed into lithium carbonate technical grade.
  • "However, the excess in lithium and battery materials capacity seen during last year is expected to continue during this year, keeping pressure on lithium market prices.
  • If brought to completion, the project could supply 90% of Europe's current lithium needs, and make Rio Tinto a leading lithium producer.

Movellus Extends Droop Management Leadership with Aeonic Generate™ AWM3

Retrieved on: 
Dienstag, April 16, 2024

SUNNYVALE, Calif., April 16, 2024 (GLOBE NEWSWIRE) --  Movellus today announced the expansion of its award-winning1 droop response solutions with the Aeonic Generate™ AWM3.

Key Points: 
  • SUNNYVALE, Calif., April 16, 2024 (GLOBE NEWSWIRE) --  Movellus today announced the expansion of its award-winning1 droop response solutions with the Aeonic Generate™ AWM3.
  • In combination, the AWM3 droop mitigation and dynamic frequency scaling capabilities reduce the power consumption of complex integrated circuits (ICs) while maintaining the device’s operational integrity.
  • In combination with the Aeonic Insight™ Droop Detector, the AWM3 provides the industry’s only complete droop detection and response system that also provides insight into droop profiles and clock metrics that can be leveraged by silicon analytics platforms.
  • “Active droop management is just what these customers need to manage dynamic voltage droop excursions in-situ and minimize risk of escapes.”
    Key features of the Aeonic Generate AWM3 include:
    Movellus continues to advance high-performance silicon through feature-rich, synthesizable IP.

Piedmont Lithium Announces Q1’24 North American Lithium Production Results

Retrieved on: 
Dienstag, April 30, 2024

Notably, March 2024 was a record production month at NAL with 15,699 dmt of spodumene concentrate produced and three daily production records set between 710 dmt and 750 dmt.

Key Points: 
  • Notably, March 2024 was a record production month at NAL with 15,699 dmt of spodumene concentrate produced and three daily production records set between 710 dmt and 750 dmt.
  • This capital project is expected to result in continued improvements in mill utilization and further increases in quarterly production levels.
  • We are pleased to see production continue to set quarterly records and hopeful that NAL will hit steady-state production targets with the commissioning of the crushed ore dome,” said Keith Phillips, President and CEO of Piedmont Lithium.
  • The following disclosures are not statements of Piedmont and have not been independently verified by Piedmont.

Piedmont Lithium to Release First-Quarter 2024 Results on May 9, 2024

Retrieved on: 
Mittwoch, April 24, 2024

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 release its first-quarter 2024 earnings at 7:00 a.m. Eastern Time (U.S. and Canada), prior to the Nasdaq open on Thursday, May 9, 2024.

Key Points: 
  • 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 release its first-quarter 2024 earnings at 7:00 a.m. Eastern Time (U.S. and Canada), prior to the Nasdaq open on Thursday, May 9, 2024.
  • The Company will hold a conference call to discuss first-quarter 2024 results on Thursday, May 9, 2024, at 8:30 a.m. Eastern Time (U.S. and Canada).
  • Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest.
  • Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX: SYA) and in Ghana with Atlantic Lithium (AIM: ALL; ASX: A11).

Piedmont Lithium Receives Mining Permit Approval for Carolina Lithium

Retrieved on: 
Montag, April 15, 2024

Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, today announced that the North Carolina Department of Environmental Quality’s (“NCDEQ”) Division of Energy, Mineral, and Land Resources (“DEMLR”) has issued an approval of our mining permit for the construction, operation, and reclamation of the proposed Carolina Lithium project (the “Project”) in Gaston County, North Carolina.

Key Points: 
  • Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, today announced that the North Carolina Department of Environmental Quality’s (“NCDEQ”) Division of Energy, Mineral, and Land Resources (“DEMLR”) has issued an approval of our mining permit for the construction, operation, and reclamation of the proposed Carolina Lithium project (the “Project”) in Gaston County, North Carolina.
  • DEMLR provided the permit approval following a thorough review of the application submitted by Piedmont on August 30, 2021.
  • “We plan to develop Carolina Lithium as one of the lowest-cost, most sustainable lithium hydroxide operations in the world, and as a critical part of the American electric vehicle supply chain.
  • Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX: SYA) and in Ghana with Atlantic Lithium (AIM: ALL; ASX: A11).

Syntiant Unveils NDP250 Neural Decision Processor with Next-Gen Core 3 Architecture

Retrieved on: 
Dienstag, April 9, 2024

IRVINE, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- Syntiant Corp., a leader in low power edge AI deployment, today introduced its Syntiant® NDP250 Neural Decision Processor™ (NDP), the company’s most powerful chip that delivers 5x the tensor throughput than its previous generation of deep learning hardware.

Key Points: 
  • IRVINE, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- Syntiant Corp., a leader in low power edge AI deployment, today introduced its Syntiant® NDP250 Neural Decision Processor™ (NDP), the company’s most powerful chip that delivers 5x the tensor throughput than its previous generation of deep learning hardware.
  • Built using the Syntiant Core 3™ programmable deep learning architecture, the NDP250 is designed for numerous imaging, speech and sensor applications in power-constrained devices, such as person detection, object classification, automatic speech recognition (ASR), text to speech (TTS) and motion tracking, among others.
  • “Our NDP250 builds on two generations of neural network architectures to deliver 30 GOPS, making it our fastest, highest-performing chip yet,” said Kurt Busch, CEO of Syntiant.
  • Syntiant will be demonstrating the NDP250 and various hardware-agnostic deep learning vison models at Embedded World 2024 (Hall 2 – Booth 2-238), April 9-11 in Nuremberg, Germany.

Strategic Review Supports Continued Production Ramp-Up at North American Lithium

Retrieved on: 
Dienstag, April 9, 2024

Production at NAL commenced in March 2023, and the operations have been undergoing steady improvement.

Key Points: 
  • Production at NAL commenced in March 2023, and the operations have been undergoing steady improvement.
  • March month-to-date lithium recoveries were 69%, exceeding the ramp-up target of 67%, with global recovery of 62% during the July 2023 through March 2024 period.
  • Production of spodumene concentrate has steadily increased with several daily production records achieved in March 2024, including the newest daily production record of 740 metric tons.
  • The joint venture partners have conducted an operational review to assess the pace of the production ramp-up in the context of a challenging lithium price environment.