Piedmont Lithium

Surging Lithium Market Growth Expected Through 2030 Due to Increasing Adoption of Cleaner Energy Sources

Retrieved on: 
Monday, March 4, 2024

Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.

Key Points: 
  • Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.
  • The growing adoption of hybrid and electric vehicles, high-drain portable electronics, and energy storage systems have boosted the growth of the overall market.
  • The Paris Agreement aims to reduce greenhouse gas (GHG) emissions by at least 40% under its 2030 climate and energy framework.
  • Governments in several countries worldwide are implementing strict emission standards to reduce and control carbon emissions, thus augmenting market growth.

Piedmont Lithium Sells Sayona Mining Shares

Retrieved on: 
Wednesday, February 21, 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 the sale of the shares it held in Sayona Mining (“Sayona”) (ASX: SYA).

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 the sale of the shares it held in Sayona Mining (“Sayona”) (ASX: SYA).
  • Following the transaction and some smaller recent public market share sales, Piedmont will no longer hold any shares of Sayona.
  • “This transaction underscores our commitment to delivering long-term value for Piedmont shareholders," said Keith Phillips, President and CEO of Piedmont Lithium.
  • 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 to Release Fourth-Quarter & Full-Year 2023 Results on February 22, 2024

Retrieved on: 
Thursday, February 15, 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 fourth-quarter and full-year 2023 earnings following the Nasdaq close on Thursday, February 22, 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 fourth-quarter and full-year 2023 earnings following the Nasdaq close on Thursday, February 22, 2024.
  • The Company will hold a conference call to discuss fourth-quarter and full-year 2023 results on Thursday, February 22, 2024, at 4:30 p.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 Provides Corporate Update

Retrieved on: 
Tuesday, February 6, 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 (“EV”) supply chain, today provided an update on key business and portfolio activities.

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 (“EV”) supply chain, today provided an update on key business and portfolio activities.
  • “We are very pleased with the progress at NAL and anticipate continued operating improvements through 2024," said Keith Phillips, President and Chief Executive Officer of Piedmont Lithium.
  • 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 disclaims any intent or obligation to update publicly such forward-looking statements, projections, and estimates, whether as a result of new information, future events or otherwise.

Piedmont Lithium Sells Portion of Atlantic Shares to Assore

Retrieved on: 
Thursday, January 18, 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 an agreement to sell a portion of shares it holds in Atlantic Lithium (“Atlantic”) (AIM: ALL; ASX: A11) to Atlantic’s largest shareholder, Assore International Holdings (“Assore”).

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 an agreement to sell a portion of shares it holds in Atlantic Lithium (“Atlantic”) (AIM: ALL; ASX: A11) to Atlantic’s largest shareholder, Assore International Holdings (“Assore”).
  • The shares to be sold represent approximately 3.9% of Atlantic’s outstanding shares and will result in approximately US$7.8 million in proceeds for Piedmont.
  • Piedmont will retain 32.7 million Atlantic shares, representing approximately 5.2% ownership in Atlantic.
  • We have always viewed our Atlantic shares as a potential source of capital and are pleased to further bolster our cash balance through this agreement,” said Keith Phillips, President and CEO of Piedmont Lithium.

Vallée Drilling Intersects 1.04% Li2O over 6.46 m

Retrieved on: 
Thursday, January 11, 2024

NAL and CLM (the “JV Partners”) elected to expand the summer program to 58 holes totaling 15,607 m, which has now been completed.

Key Points: 
  • NAL and CLM (the “JV Partners”) elected to expand the summer program to 58 holes totaling 15,607 m, which has now been completed.
  • NAL is a wholly owned subsidiary of Sayona Quebec Inc., which is owned 75% by Sayona Mining Limited and 25% by Piedmont Lithium Inc.
  • The first returned a composite assay grade of 1.04% Li2O over 6.46 m from 55.12 m to 61.58 m, and the second, 1.35% Li2O over 3.39 m from 129.14 m to 132.53 m. Four of the remaining holes in which assays have been reported returned assay grades exceeding the cut-off grade of 0.25% Li2O over lengths exceeding 1 m (see Table 1).
  • The core pegmatite also remains open in the down-dip direction along the entire length of its strike length on the property.

Vallée Drilling Intersects 1.04% Li2O over 6.46 m

Retrieved on: 
Thursday, January 11, 2024

NAL and CLM (the “JV Partners”) elected to expand the summer program to 58 holes totaling 15,607 m, which has now been completed.

Key Points: 
  • NAL and CLM (the “JV Partners”) elected to expand the summer program to 58 holes totaling 15,607 m, which has now been completed.
  • NAL is a wholly owned subsidiary of Sayona Quebec Inc., which is owned 75% by Sayona Mining Limited and 25% by Piedmont Lithium Inc.
  • The first returned a composite assay grade of 1.04% Li2O over 6.46 m from 55.12 m to 61.58 m, and the second, 1.35% Li2O over 3.39 m from 129.14 m to 132.53 m. Four of the remaining holes in which assays have been reported returned assay grades exceeding the cut-off grade of 0.25% Li2O over lengths exceeding 1 m (see Table 1).
  • The core pegmatite also remains open in the down-dip direction along the entire length of its strike length on the property.

InvestmentPitch Media Video Discusses Q Battery Metals' Exploration Update on its La Corne South and Pontax Lithium Projects, both Located in Quebec

Retrieved on: 
Wednesday, November 15, 2023

For more information, please view the InvestmentPitch Media video which provides additional information about this news and the company.

Key Points: 
  • For more information, please view the InvestmentPitch Media video which provides additional information about this news and the company.
  • If you are unable to view this video, please watch it on InvestmentPitch Media's YouTube Channel at this link: ( click here )
    The company's La Corne South lithium project, located north of Val d'Or, covers 10 kilometres of the La Corne Batholith.
  • At least 14 lithium projects are associated with the margins of the La Corne batholith within 20 km of the company's La Corne South project, including Sayona Mining's North American Lithium mine, a joint venture with Piedmont Lithium, which is just 11 km NW of Q Battery's La Corne South project.
  • The company's recently acquired Pontax Lithium Project, which covers 5,376 hectares, is strategically positioned within the James Bay region of Quebec.

Western Leaders Seeking Diverse Lithium Supplies to Reduce Worrisome Dependence on China

Retrieved on: 
Thursday, November 30, 2023

VANCOUVER, BC, Nov. 30, 2023 /PRNewswire/ -- USA News Group: US President Joe Biden recently met with Latin American leaders, as part of a broader effort to reduce American dependence on China. The move isn't isolated, after a worrisome research paper was presented to EU leaders urging a dire need to diversify away from China towards Africa and Latin America as demand for lithium-ion batteries and fuel cells balloons by 2030. Industry leaders are taking the need to decouple seriously, with Tesla Inc. (NASDAQ:TSLA) moving ahead on putting its new lithium refinery in Texas online sooner than anticipated, while lithium miners continue development of their new projects, such as those from Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), Alpha Lithium Corporation (NEO:ALLI) (OTCPK:APHLF), Sigma Lithium Corporation (NASDAQ:SGML) (TSXV:SGML), and Piedmont Lithium Inc. (NASDAQ:PLL).

Key Points: 
  • VANCOUVER, BC, Nov. 30, 2023 /PRNewswire/ -- USA News Group : US President Joe Biden recently met with Latin American leaders , as part of a broader effort to reduce American dependence on China.
  • With its flagship asset located in Salta Province, Argentina, Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF ) is strategically positioned within the world famous Lithium Triangle.
  • In addition to the production well's installation, Lithium South is in the process of permitting and conducting evaporation test work.
  • "We intend to continue to use suppliers of lithium, so it's not that Tesla will do all of it."

Western Leaders Seeking Diverse Lithium Supplies to Reduce Worrisome Dependence on China

Retrieved on: 
Thursday, November 30, 2023

VANCOUVER, BC, Nov. 30, 2023 /PRNewswire/ -- USA News Group: US President Joe Biden recently met with Latin American leaders, as part of a broader effort to reduce American dependence on China. The move isn't isolated, after a worrisome research paper was presented to EU leaders urging a dire need to diversify away from China towards Africa and Latin America as demand for lithium-ion batteries and fuel cells balloons by 2030. Industry leaders are taking the need to decouple seriously, with Tesla Inc. (NASDAQ:TSLA) moving ahead on putting its new lithium refinery in Texas online sooner than anticipated, while lithium miners continue development of their new projects, such as those from Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), Alpha Lithium Corporation (NEO:ALLI) (OTCPK:APHLF), Sigma Lithium Corporation (NASDAQ:SGML) (TSXV:SGML), and Piedmont Lithium Inc. (NASDAQ:PLL).

Key Points: 
  • VANCOUVER, BC, Nov. 30, 2023 /PRNewswire/ -- USA News Group : US President Joe Biden recently met with Latin American leaders , as part of a broader effort to reduce American dependence on China.
  • With its flagship asset located in Salta Province, Argentina, Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF ) is strategically positioned within the world famous Lithium Triangle.
  • In addition to the production well's installation, Lithium South is in the process of permitting and conducting evaporation test work.
  • "We intend to continue to use suppliers of lithium, so it's not that Tesla will do all of it."