Piedmont Lithium Reports Q4 & Full Year 2023 Results
$29.2 million accrued at December 31, 2023 for settlements in 2024 associated with spot shipments in 2023, negatively impacting Q4’23 revenue and gross profit.
- $29.2 million accrued at December 31, 2023 for settlements in 2024 associated with spot shipments in 2023, negatively impacting Q4’23 revenue and gross profit.
- In Q1’24, we sold our holdings in Sayona Mining and a portion of our holdings in Atlantic Lithium for approximately $49.1 million.
- In Q4’23, NAL produced 34.2 thousand dmt and shipped 23.9 thousand dmt, of which 14.2 thousand dmt were sold to Piedmont.
- In November 2023, Sayona released initial drill results from the 2023 drill campaign at NAL, identifying multiple thick, high-grade, spodumene-bearing pegmatites.