Today, Piedmont Lithium rang the
@NasdaqExchange
closing bell as a growth company that is poised to become a leading producer of
#lithium
in North America. It’s a momentous occasion as we work to position ourselves as a pivotal link in an American-based supply chain for
#EVs
.
Piedmont Lithium is pleased to announce with
@SayonaMining
that plans have been formalized to restart North American Lithium in Quebec with spodumene concentrate production expected to begin in the first half of 2023.
#LGChem
signs $75 MM equity investment in $PLL & binding offtake for 200,000 MT of spodumene concentrate from
#NAL
. The agreements illustrate the
#IRA
benefits with NA critical minerals supporting the development of a U.S.
#battery
supply chain.
CEO Keith Philips joined
@FoxBusiness
today to share his belief that
#lithium
prices will be historically high for the next decade, and that it will take some time for the supply to catch up to demand due to the growing
#EV
and
#batteries
markets. Watch:
$PLL has an amended agreement to supply
@Tesla
, the largest
#EV
producer in NA, with spodumene concentrate from North American Lithium. Onward to production @
#NAL
!
#lithium
#EnergySecurity
Excited about the advancements in the North American
#lithium
restart. Looking forward with our partners
@SayonaMining
to SC production in 2023 and revenue generation for $PLL. Good things to come.
#EV
$SYAXF
#NAL
$PLL partner
@SayonaMining
is advancing the restart of production at NAL w/ a 4-year, C$200mil contract to
#Quebec
’s L. Fournier & Fils for mining operations. Sayona says the contract is one of the largest in Quebec's mining history, creating 120 new jobs.
$ASX $SYA $SYAF
A proud moment for
@PiedmontLithium
as we look back on last week’s announcement in Etowah, TN in McMinn County – the site of our new project that will double American
#lithium
hydroxide production and play a critical role in the
#EV
future as the largest lithium plant in NA. $PLL
Commissioning of
#NAL
completed on time & on budget, marking successful restart of spod. con. production & a key milestone for $PLL & $SYA. Deliveries to Port of Quebec City ongoing w/first commercial shipments to customers targeted for Q3.
#Lithium
@POTUS
announced today that $PLL has been selected for a $141.7M grant to produce battery-grade
#lithium
at our planned Tennessee Lithium project and support America’s
#EnergyIndependence
.
We believe mineral resource and asset diversification are linchpins of our differentiated strategy as we work to become the largest lithium hydroxide from spodumene producer in the United States. We are multidimensional company, creating multiple opportunities for value creation.
Exciting news from our valued partners
@AtlanticLithium
who revealed positive drilling results from their flagship Ewoyaa lithium project.
#ALL
is striving to deliver Ghana’s first
#lithium
mine which will serve a critical role in the
#EV
revolution.
$PLL plans development funding for Ewoyaa, exercising option to increase stake in
@AtlanticLithium
’s flagship op. & furthering strategy to secure feedstock for
#TN
#Lithium
. Staged investment agreement to earn 50% interest in $ALL’s Ghana portfolio.
We’re proud to announce the selection of Etowah, Tennessee in McMinn County for the location of our new Tennessee Lithium project. This will be the largest LiOH processing facility in the US. A critical component in our efforts to lead the
#EV
revolution.
Piedmont Lithium is excited to announce receipt of a $31.6 million partial prepayment for our first shipment of
#lithium
concentrate via our North American Lithium offtake agreement, raising our cash position to approximately $100 million.
#PLL
Progress continues at $PLL’s Ghana Project as
@AtlanticLithium
submits the mining license application for the proposed Ewoyaa
#lithium
mine, which should serve as the primary source of spodumene concentrate for PLL’s planned Tennessee Lithium operations
$PLL announces first commercial shipments from North American
#Lithium
, w/Q3 customer deliveries expected to generate 2023 revenue & cash flow for
#PLL
as company transitions from a developer to a lithium producer.
#EnergySecurity
.
@GlobeandMail
highlights $PLL & $SYA’s restart of
#NAL
– the only major new spodumene concentrate production expected to come online in NA in the near term as the critical need for
#lithium
resources continues. Thank you,
@NiallCMcGee
.
The future is electric at Piedmont Lithium... and we are excited to open our new corporate headquarters in Gaston County, North Carolina as we advance our plans to strengthen the lithium hydroxide supply chain in North America!
#lithium
#EVs
#NCTweets
#supplychain
$PLL
The
#EV
revolution is here, and more investment in
#lithium
mining and production is clearly needed. We are working diligently with
@SayonaMining
to restart
#NAL
with the goal of first production in H1 2023.
@nytimes
:
Good news from our partners at
@AtlanticLithium
. Drill results from their flagship Ewoyaa project in Ghana continue to be very impressive. High
#lithium
grades over broad widths and near surface.
A declaration at the Glasgow climate conference that seeks to phase out sales of petrol and diesel vehicles by 2040 would mean a +3000% increase in EV battery demand and a substantial increase in raw material requirements, according to Benchmark Mineral Intelligence.
$PLL partner $SYA announces DFS for North American
#Lithium
, confirming positive economics in advance of first commercial shipments, & an increased resource at its 60%-owned Moblan, making the project one of NA’s most significant spodumene ore bodies.
For the next decade or so, the challenge will be raw
#lithium
supply not refining. We appreciate the
@washingtonpost
for taking the time with
@PLLKeith
to discuss the impending shortage we at
@PiedmontLithium
are working to solve.
Our President and CEO, Keith Phillips joined Fox Business this morning to discuss the global lithium supply chain, current lithium pricing, and our focus on becoming the leading integrated producer of lithium hydroxide from spodumene ore in North America.
Expanding U.S. auto and battery maker investments show strong commitment to electric vehicle future, heightening demand for lithium hydroxide, which is in short supply. We're assessing the economics of a second plant to help meet this demand. Full Report:
.
@SayonaMining
releases study results for
#lithium
carbonate production at our jointly owned NAL project. Definitive study for the
#Quebec
site will commence in the coming weeks. $PLL
Privileged to join the industry leaders selected for the $2.8B in DOE funding to strengthen the
#EV
supply chain, national security, and America’s
#EnergyIndependence
. Our TN Lithium project is expected to double current LiOH prod. capacity in the US. $PLL
Sayona Quebec partners $PLL and Sayona Mining launch PFS to evaluate NAL
#lithium
carbonate plant in Quebec. NAL spodumene concentrate production remains targeted for H1 2023 with revenue potential in Q3 2023.
Great news for $PLL as we announce the mining permit approval for Carolina Lithium – designed to be one of the lowest-cost, most
#sustainable
#lithium
operations in the world & a critical part of the
#American
#EV
supply chain.
Our CEO Keith Phillips spoke with Bloomberg's David Westin yesterday on his podcast, this one focused on lithium supply and the overall EV outlook. Spoiler alert--upstream supply will be critical in making the electric vehicle transition a reality.
With
#EV
sales and
#lithium
prices at record levels, $PLL is progressing across our global portfolio of assets to help meet the growing demand for this critical resource and support
#EnergySecurity
in America.
$PLL completes DFS of TN
#Lithium
, demonstrating robust economics, the project’s exceptional Tennessee location & the value of America’s pro-EV policies. Estimated after-tax NPV8 and IRR of $2.5 billion and 32% for the 30-yr project.
CEO
@PLLKeith
on
@SmallCapsASX
shares his bullish
#lithium
outlook and $PLL’s plans to help supply the growing demand for this critical
#battery
metal. First production and commercial shipments are expected in the near term at
#NAL
.
$PLL & JV partner
@SayonaMining
agree to continue
#NAL
ramp-up plan following the strategic review. W/the completion of capital projects, expected prod. increases & cost improvements, we believe
#NAL
is well-positioned for the market recovery we anticipate
$PLL CEO
@PLLKeith
is presenting tomorrow at 9 AM at the 32nd
@BMO
Global Metals, Mining & Critical Minerals Conference – one of the world’s key forums for imp. conversations among institutional investors, industry experts, and end-use companies.
#Lithium
#BattChat
#BMOConference
$PLL Announcement:
@MineralsFundGH
to invest in
#Ewoyaa
– an endorsement of the hard-rock
#lithium
project w/ investment & ongoing contributions by MIIF to reduce CAPEX equally for
#PLL
&
#ALL
as mining lease discussions continue to advance.
.
@Patrick_at_PLL
says $PLL is grateful “that the DOE has chosen to support our Tennessee
#Lithium
project…this funding will enable us to accelerate detailed engineering and place orders for long-lead items.”
#EnergySecurity
#NAL
restart plans are moving ahead with initial spodumene concentrate production complete. Commissioning continues to advance. First shipment of saleable product targeted for Q3 2023. $PLL
#Lithium
#Battery
#EV
@AtlanticLithium
completes PFS for $PLL’s Ghana Project, demonstrating a production target of approx. 255,000 tons per year of 6%
#lithium
spodumene concentrate over a 12.5-year mine life from Ore Reserves of 18.9 million tons at 1.24% Li2O.
$PLL would like to welcome industry veteran Keith Muller as the Chief Operating Officer of
@AtlanticLithium
. We are looking forward to working with Keith in his new role as
#ALL
continues to advance the Ewoyaa
#Lithium
Project toward first production.
.
@AtlanticLithium
announces updated flowsheet for greater
#lithium
capture and improved economics at the jointly owned
#Ewoyaa
Lithium Project – expected to serve as primary feedstock for
#Tennessee
Lithium. DFS completion targeted for Q2 2023. $PLL
Ringing the closing bell at the
@NasdaqExchange
on Aug. 29 was an exciting moment for our $PLL team. CEO
@PLLKeith
joined Beyond the Bell to share key insights on
#lithium
demand and supply chain and how we are poised to become a leading producer of lithium in North America.
America’s EV future looks positively electric! We applaud the bold vision of President Biden and his administration and all those working to help build a US clean energy economy. We’re certainly looking forward to doing our part.
Geologists, engineers and executives from Piedmont Lithium and
@SayonaMining
met this week to continue planning for the US $80 million restart of North American
#Lithium
in Quebec. $PLL $SYAXF
Thanks to everyone who came to our Open House at our new headquarters in Belmont, NC. Special thanks to
@SenThomTillis
for being here today and for your leadership in our state. We are ready to call Gaston County home and harness the energy of our team in this new space! $PLL
"When the markets turned favorable for
#lithium
in 2020, it was a hard tack," said Piedmont Lithium CEO Keith D. Phillips. Watch the full interview with
@KitcoMining
here:
Continuing our mission to become America's Number 1 Lithium Hydroxide producer with our investment in IronRidge Resources. Increasing our access to more spodumene concentrate supports our lithium hydroxide production capacity to power the EV market.
Great segment this afternoon by our CEO
@PLLKeith
on
@YahooFinance
discussing Piedmont's leadership in the
#lithium
industry and the importance of investing domestically in order to be a leader of the
#EV
revolution. Watch here:
It's electric! In the past week
@PiedmontLithium
:
• Rang the
@NasdaqExchange
Closing bell
• Opened our headquarters in Belmont, NC
• Announced Tennessee Lithium project in Etowah, TN
We are 3 steps closer in our efforts to become a leading producer of
#lithium
hydroxide.
March Presentation update-includes Preliminary Economic Assessment of a potential second hydroxide plant, updated production timelines for our projects in Quebec and Ghana, and their impact on accelerated timeline towards potential revenue generation.
A recent WSJ story shares how Piedmont Lithium is working to build an American source for lithium hydroxide from spodumene ore to power a US EV supply chain.
#energy
#ev
#climatechange
Good read in
@WSJ
: initial research shows global sales of
#EVs
at ~7.8 MM in 2022, up as much as 68% from 2021 – a clear sign of the
#EV
revolution. As demand grows, $PLL is charging ahead to supply the increasing need for domestic
#lithium
production.
Excited to be in Washington, D.C. and meeting with policymakers on ensuring a sustainable supply chain for Lithium-Ion Batteries. Big thanks to the Battery Materials Technology Coalition for continuing to work hard for us and the industry.
#lithium
#supplychain
#sustainability
Catch Piedmont Lithium’s (PLL) CEO, Keith D. Phillips, as he sits down with Sean Mitchell from “All Things EV” to discuss “Scaling Lithium for an EV Boom.”
#electricvehicles
#lithium
#piedmont
#batterymetals
Watch the full interview @ .
$PLL Chief Commercial Officer
@AustinDevaney
caught up with The
@GlobalLithium
Podcast’s Joe Lowry, sharing perspective on the
#lithium
industry – where we have been and where we are going.
Listen now:
Toyota To Spend $13.6 Billion on Batteries by 2030. Hard to imagine the impact on the EV market when Toyota makes this kind of move, especially as it relates to accelerating the acceptance of EV's as a mainstream option for consumers.
Lithium prices at all-time highs. $80,000 hydroxide and $7,350/t for spodumene concentrate. With demand expected by many to outstrip supply for the next several years, perhaps these 'current prices' are the best forecast for the future?
@PiedmontLithium
Made in America. For the U.S. to fully participate in the electric vehicle revolution, and to be competitive with other countries, we need to become a supplier of lithium hydroxide and other necessary minerals that will make the promise a reality.
We are delighted that the Montcross Area Chamber of Commerce is hosting Piedmont Lithium's open house event at our new headquarters in Belmont, North Carolina. Special guest North Carolina
@SenThomTillis
will be speaking to the group!
#openhouse
#lithium
#NCTweets
$PLL
Piedmont and Sayona to acquire NAL. Unique asset integration opportunity to support expansion of spodumene to lithium hydroxide capacity in Quebec.
#lithiumionbatteries
#electricvehicles
Read more at:
$PLL COO Patrick Brindle and Chief Geologist Lamont Leatherman were pleased to meet today with U.S. Ambassador to Ghana Virginia Palmer to discuss our investment in the Atlantic
#Lithium
Project on the Cape Coast. Looking toward production in 2024.
@USEmbassyGhana
#USinGhana
“We’re sitting on the top of the largest single deposit of high-grade
#lithium
in NA…we need to lead by example. If we do that, we’ll accel. our self-dependence and elim. our reliance on China by decades. That’s why I support this project.”
@SenThomTillis
on
#CarolinaLithium
PIEDMONT INCREASES MINERAL RESOURCES WITH COMPLETION OF PHASE 5 INFILL DRILLING. Carolina Lithium Project has one of the largest spodumene resources in North America. To learn more, visit:
Toyota looking at Greensboro, NC for first U.S. Battery Plant. Could be located within 130 miles of one of the largest and richest spodumene deposits in the world, where Piedmont Lithium hopes to build a fully integrated lithium hydroxide operation.
.
@PLLKeith
says: The US gov is putting $$$ behind its policies to support
#EnergyIndependence
and national security… Over 80% of LiOH production today occurs in China. This grant will support the dev. of TN
#Lithium
to help increase supply in the US. $PLL
The Tennessee Lithium operation will play an important role in mitigating supply shortages in the American EV industry and battery supply chain, particularly in the wake of recent legislation incentivizing the use of domestically sourced materials.
$PLL is pleased to have been invited to assess promising exploration prospects in mineral-rich Democratic Republic of Congo. Potential is immense and could be critical to the world’s growing
#lithium
demands to power the
#EV
transition. Any development would be down the road.
A 🇺🇸 delegation led by
@AmosHochstein
met w/ U.S. company representatives from
@PiedmontLithium
, that is in 🇨🇩 to pursue mining deals. An improved business climate is 🔑 to attracting more 🇺🇸 investment that results in beneficial, sustainable & inclusive economic development.
Our latest news is positively electric. It's been a busy week already with three exciting announcements as
we continue to move closer to our goal of becoming a strategically diversified, multi-asset, integrated supplier of lithium hydroxide.
Our partners at
@AtlanticLithium
are
#ChargingtheChange
with a vision to develop a
#sustainable
#lithium
supply. $PLL applauds their efforts to work for a positive social impact while responsibly supporting the global transition to a lower-carbon future.
NEW Corporate Video:
Atlantic Lithium - Charging the Change
Our vision is to develop a sustainable lithium supply with positive social impact to support the global transition to a carbon neutral future.
#ALL
$ALLIF
#Lithium
#Ghana
On his latest trip to Ghana, $PLL
@Patrick_at_PLL
met with Minister Samuel Abu Jinapor as part of ongoing engagement & coordination w/ the Ministry of Lands & Natural Resources. Thank you,
#USAmbPalmer
, for your continued support.
#lithium
A pleasure to be back in Africa, meeting w/ Ghanaian Minister of Lands & Natural Resources Samuel Abu Jinapor &
#USAmbPalmer
. Appreciate the opp. to discuss & coordinate on our investment in the Ewoyaa
#Lithium
Project. $PLL
Demand for lithium is expected to jump 26.1%, or about 100,000 tonnes of lithium carbonate equivalent, to a total of 450,000 tonnes, flipping the market into a deficit of 10,000 tonnes, according to Benchmark Mineral Intelligence. Supply/Demand just saying.