Piedmont Lithium welcomes strong support for A$45 million Sayona Mining placement
Piedmont contributed A$8 million during Sayona’s placement, strengthening its position as a major shareholder in its partner and fellow ASX-lister.
Company
Piedmont Lithium
ASX:PLL
Piedmont Lithium Inc (ASX:PLL) is developing a world-class integrated lithium business in the United States. The company's location is in the renowned Carolina Tin Spodumene Belt of North Carolina, and recently exercised an option to acquire an interest in the Ewoyaa Lithium Project in Ghana, which boasts an active mining lease and a large mineral resource. Piedmont has the potential to be one of the world’s lowest cost producers of lithium hydroxide.
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Piedmont Lithium to expand spodumene resources through investments in IronRidge Resources
In what has been a "transformative" year for Piedmont, the investments enhance the company's plan to become America's number one producer of lithium hydroxide.
Piedmont Lithium and Sayona Mining welcome Superior Court approval for North American Lithium acquisition
Piedmont and bid partner Sayona Mining are a step closer to finalising their North American Lithium purchase and establishing a lithium hub in Québec.
Piedmont Lithium scoping study update confirms integrated Carolina Lithium business on track to be major, low-cost sustainable producer
The dual-listed developer said its latest scoping study, which upgrades Carolina Lithium’s projected financial performance and annual production target, highlight’s the asset’s robust economics and sustainability.
Piedmont Lithium enhances US project sustainability with 40% increase in industrial resources
Piedmont is in discussions with prospective regional customers and strategic partners in the solar glass, engineered quartz, ceramic tile and other industrial minerals markets.
Piedmont Lithium completes final leg in strategic investment partnership with Sayona Québec
The company in a joint bid with Sayona, aims to acquire the NAL facilities in La Corne in Abitibi‐Témiscamingue and to restart production as soon as possible.
Piedmont Lithium adds financial prowess with appointment of Michael White as executive vice president and chief financial officer
Piedmont is developing a world-class integrated lithium business in the United States, enabling the transition to a net-zero world and the creation of a clean energy economy in America.
Piedmont Lithium adds governance and operational experience to board with two new non-executive directors
Piedmont is developing a world-class integrated lithium business in the United States, enabling the transition to a net zero world and the creation of a clean energy economy in America.
Piedmont Lithium enhancing position via joint bid with Sayona Mining for North American Lithium
The company in a joint bid with Sayona, aims to acquire the NAL facilities in La Corne in Abitibi‐Témiscamingue and to restart production as soon as possible.
Piedmont Lithium makes strong progress with first US greenfield lithium project in more than 50 years and moves closer to becoming US company
The company’s unique geographic proximity of resources, production operations and prospective customers positions it on the path to be among the most sustainable producers of lithium hydroxide in the world.
Piedmont increases US lithium resources by 40%
The expanded resource for the Piedmont Lithium Project offers the potential for increased annual production, which the company will evaluate through an updated scoping study targeted for release next month.
Piedmont Lithium adds operational expertise to team with appointment of COO
The company believes new executive vice president and COO David Klanecky is uniquely qualified to lead the operating team as it moves into the execution stage of building America’s foremost integrated lithium hydroxide business.
Piedmont Lithium raises A$159 million to continue development of flagship world-class lithium project in the US
Proceeds will be used to continue the development of the Piedmont Lithium Project in the prolific Carolina Tin Spodumene Belt of North Carolina.
Piedmont Lithium proposes US public offering to fund ongoing development of North Carolina project
Proceeds from the offering will go towards the development of the Piedmont Lithium Project, including definitive feasibility studies, test-work, permitting, further exploration drilling and mineral resource estimate updates.
Piedmont Lithium launches DFS for integrated lithium hydroxide project in North Carolina, to lower carbon footprint and improve economics
The integrated DFS, which will incorporate work underway on concentrate operations, with Metso Outotec joining its technical team, is expected to be completed in the third quarter of 2021.
Piedmont Lithium's proposed re-domiciliation to US continues to make progress
The court has approved the despatch of the scheme booklet that includes an independent expert’s report which concludes that the scheme is in the best interests of Piedmont shareholders.
Australia’s lithium sector looks fondly on growing battery metals market
The metal, a key component in the batteries being used to power the electric vehicle boom, is one of many commodities enjoying a positive run in 2021.
Piedmont Lithium appoints experienced mining company executive Todd Hannigan as non-executive director
Hannigan brings extensive industry knowledge, leadership and corporate relationships with a focus on battery and advanced manufacturing materials.
Piedmont Lithium enhances senior management team as it drives integrated US lithium supply strategy
The company has expanded its senior management team as it progresses its integrated lithium hydroxide project in North Carolina toward construction later in 2021 and plans to redomicile its primary listing to the United States.
Piedmont Lithium makes US$12 million strategic investment in Quebec hard-rock lithium developer Sayona Mining
The company is set to acquire 19.9% of Sayona Mining and 25% of Sayona Quebec and has entered a binding supply agreement for 50% of Sayona Quebec’s spodumene concentration production.
Piedmont Lithium intends to re-domicile to the US and move primary listing from ASX to NASDAQ
Lithium has been identified by the US Government as a critical material for national security and the re-domiciling will cement Piedmont’s position as an important part of the US supply chain.
Piedmont Lithium receives key air permit for proposed lithium hydroxide chemical plant at Kings Mountain, North Carolina
Piedmont now holds all of the federally-regulated permits required for the construction of the integrated lithium project.
Piedmont Lithium launches definitive feasibility study for US concentrate operations
The company expects to complete the DFS in mid-2021, after which it will pursue an investment decision for the concentrate operations.
Piedmont Lithium expands drill program in North Carolina by 25,000 metres
The company also plans an update to the mineral resource estimate of the Central Property in early 2021, based on the result of drilling completed in September 2020.
Piedmont Lithium launches spodumene concentrator pilot test program for flagship US project
The pilot plant design will support both the definitive feasibility study (DFS) of the company’s planned concentrate operations as well as a detailed design engineering of the full-scale operations.
Piedmont Lithium closes US offering and underwriters exercise over-allotment option to raise US$57.5 million
The company recently signed a binding agreement with Tesla Inc (NASDAQ:TSLA) for the supply of spodumene concentrate from the company's North Carolina deposit.
Piedmont Lithium raises A$70 million to drive US lithium project towards production
Proceeds will be used to continue development of the company’s Piedmont Lithium Project, including definitive feasibility study, test-work, permitting, further exploration drilling and ongoing land consolidation.
Piedmont Lithium halted as it plans US public offering
The consecutive trading halts will remain in place until October 26 or when an announcement is released.
Global lithium demand to more than double by 2024, as EV battery production quadruples: GlobalData
Lithium explorers and developers are gaining investor attention as nearly 12.7 million electric vehicles are expected to be produced across the globe in 2024, increasing from 3.4 million in 2020.
Piedmont Lithium soars 90% on signing Tesla spodumene agreement
The company holds a 100% interest in the Piedmont Lithium Project, a pre-production business targeting the annual production of 160,000 tonnes of spodumene concentrate in North Carolina.
Piedmont Lithium resumes drilling in North Carolina with aim to boost resources
A 5,600-metre drill program is planned across the company’s properties in the Carolina Tin-Spodumene Belt.
Piedmont Lithium substantial shareholders support company by increasing holdings
AustralianSuper Pty Ltd now holds a 12.72% interest while FIL Limited has lifted its stake to 8.87%.
Piedmont Lithium directors demonstrate faith in development strategy through placement participation
Proceeds from the recent capital raisings will help fund development work, including a DFS, for the Piedmont Lithium Project in North Carolina, USA.
Piedmont Lithium completes A$29.4 million capital raisings
Proceeds from the capital raisings will help fund the definitive feasibility study for the Piedmont Lithium Project in North Carolina, USA.
Piedmont Lithium achieves milestone with production of battery-quality lithium hydroxide
The results achieved in bench-scale lithium hydroxide test-work compare favourably with current current battery quality market specifications.
Piedmont Lithium appoints Primero Group as preferred EPC contractor for spodumene concentrator
Primero will contract-operate the spodumene concentrator for a period of up to six years following construction.
Piedmont Lithium raises US$13 million after completing US public offering
The public offering will help fund the development of the company’s namesake lithium project in North Carolina, USA.
Piedmont Lithium raises A$29 million to progress US lithium project development
The public offering is expected to close on or about June 11 with the private placement expected to be completed in late July 2020, subject to shareholder approval.
Piedmont Lithium in trading halt ahead of capital raising news
The company is an emerging lithium chemicals company with the goal of becoming a strategic domestic supplier of battery-grade lithium hydroxide.
Piedmont Lithium substantial shareholder The Bank of New York Mellon increases stake to 9.66%
In late May, the company’s scoping study and chemical plant PFS confirmed it will be a strategic and low-cost producer of battery-grade lithium hydroxide.
Piedmont Lithium strengthens team by appointing lithium industry veteran as sales & marketing VP
Devaney will join Piedmont on July 1, 2020, and will be based in the company’s Belmont, North Carolina headquarters.
Piedmont Lithium additional tests produce high-grade spodumene and by-product concentrates
The updated spodumene concentrate and by-product results will be used to support the company’s study updates which will be announced later this month.
Piedmont Lithium to release chemical plant PFS for flagship lithium project this quarter
The chemical plant PFS is expected to provide refined estimates of the project’s capital and operating costs and reinforce the company’s position as a low-cost US-based producer of lithium hydroxide.
Piedmont Lithium substantial holder acquires more than 8 million shares
The company is progressing towards the definitive feasibility study for its Piedmont Lithium Project in the US.
Piedmont Lithium progressing near-term plans for Lithium project in North Carolina
The company is focused on lithium hydroxide test work, the chemical plant prefeasibility study and chemical plant permitting activities for its Piedmont Lithium project.
Piedmont Lithium's metallurgical test work remains on track ahead of sample delivery
The company holds a 100% interest in the Piedmont Lihtium Project within the world-class Carolina Tin-Spodumene Belt in North Carolina, USA.
Piedmont Lithium confirms new spodumene pegmatite discoveries in North Carolina
In 2019, Piedmont increased its resource from 16.2 million tonnes at 1.12% lithium oxide to 27.9 million tonnes at 1.11% lithium oxide and believes there is significant potential for further increases.
Piedmont Lithium director Jorge Beristain buys more shares
The company recently secured the Section 404 Permit under the Clean Water Act (CWA) for its Piedmont Lithium Project in North Carolina, US.
Piedmont Lithium appoints Hatch for lithium hydroxide plant study
Piedmont plans to have its 100%-owned Piedmont Lithium Project in North Carolina shovel-ready by the end of 2020.
Piedmont Lithium achieves a major milestone by securing US Federal permit to develop mine
The Section 404 Permit was issued 11 months after application and within the company’s announced timetable.
Piedmont Lithium is pivoting to an integrated development: Canaccord Genuity
Piedmont is well funded to accelerate the work required to commence construction of an integrated lithium hydroxide project in North Carolina, US.
Piedmont Lithium signs LOI to market mineral by-products from lithium project
Quartz, feldspar and mica represented a significant proportion of the revenue for the lithium mines which operated in North Carolina from the 1950s to the 1990s.
Piedmont Lithium to fast-track development timeline, targeting production late-2022
After positive feedback from potential customers, Piedmont is accelerating its project development.
Piedmont Lithium's scoping study expands lithium project life to 25 years
The project has compelling economics due to attractive capital and operating costs, long mine life, substantial by-product credits, short transportation distances, minimal royalties and low corporate income taxes.
Piedmont Lithium updates JORC for quartz, feldspar and mica
These valuable by-products can produce additional revenue from a future lithium mining operation at the Piedmont Project.
Piedmont Lithium met test work produces 6.35% lithium concentrate
The test work adds confidence that the large-scale lithium resource is able to be processed to produce a saleable lithium concentrate.
Piedmont Lithium gains new substantial holder in Fidelity International
The Piedmont Lithium Project will include a lithium hydroxide chemical plant supplied with spodumene concentrate from an open pit mine and concentrator.
Piedmont Lithium completes capital raising, updated scoping study expected soon
Investors in the recent placement included heavyweights Fidelity and AustralianSuper.
Piedmont Lithium secures $21 million from Fidelity, AustralianSuper and other institutions
Securing the funds will allow Piedmont to maintain its ambitious development timetable for what it believes to be the world’s most strategically located lithium project.
Piedmont Lithium enters trading halt pending capital raising
After a recent resource upgrade, the company’s Piedmont Lithium Project is on track to be North America’s largest.
Piedmont Lithium resource upgrade has project on track to be North America’s largest
The project's lithium resource now measures 27.9 million tonnes grading 1.11% lithium oxide.
Piedmont Lithium mineral analysis reveals simple lithium ore body
Importantly, the analysis results are expected to lead to high lithium recoveries.
Piedmont Lithium hits further high-grade lithium at Piedmont project in USA
The primary objective of the phase IV drilling program is to increase the size of the current Core mineral resource estimate and extend the project life-of-mine.
Piedmont Lithium has new substantial shareholder in The Bank of New York Mellon Corporation
Last month, the company boosted the overall resources at its Piedmont Lithium Project in the US to 19 million tonnes at 1.15% lithium oxide.
Piedmont Lithium’s initial Central estimate lifts project resources to 19 million tonnes
The maiden resource at the Central property is 2.8 million tonnes at 1.34% lithium oxide.
Piedmont Lithium to add muscle as it approaches construction decision
Piedmont Lithium is a large landholder in North Carolina pursuing regulatory approvals for its Piedmont US-lithium project.
Piedmont Lithium makes steady progress at lithium project in North Carolina
Definitive feasibility study and permitting approvals both on-track for year-end 2019.
Piedmont Lithium delivers best ever interceptions at namesake project on Carolina TSB
High-grade mineralisation has been found in 23 holes at Piedmont’s Core and Central properties.
Piedmont Lithium starts next phase of tests on lithium core from US project
The work will evaluate dense medium separation technology, flowsheet optimisation and ore variability.
Piedmont Lithium becomes Carolina TSB’s biggest lithium landholder
The company plans to build a lithium business of scale.
Piedmont Lithium reveals results for 8 more holes at lithium project
The phase four drill program continues with more results expected over the coming weeks.
Piedmont Lithium drilling to upgrade resource and extend life for US lithium project
Piedmont Lithium has been buying up land in North Carolina to extend the size of the Piedmont project.
Piedmont Lithium receives investment from multiple board members
Three directors have invested $375,000 to increase their respective shareholdings.
Piedmont Lithium completes $12.2 million placement with $400,000 directors’ component
General meeting of shareholders approves the placement of 3.4 million shares to company directors.
Piedmont Lithium commences 25,000-metre drill program to extend project life
By expanding the JORC resource, the 13-year mine life can be extended.
Piedmont Lithium submits key permit applications for US lithium project
The applications are another step towards the goal of producing battery-grade lithium hydroxide in North Carolina.
Piedmont Lithium directors buy on-market to increase support for company
The company’s shareholders will vote on $12.2 million of placements later this month.
Investments and investor services
Piedmont Lithium completes first tranche of $12.2 million placement
A second tranche for $400,000 to company directors is subject to shareholder approval.
Piedmont Lithium substantial shareholder AustralianSuper lifts stake to 7.77%
AustralianSuper is the largest Australian superannuation and pension fund, with roughly 1 in 10 Australian workers as members.
Piedmont Lithium expands land position by 15%, drilling being planned
Recent drilling suggests some of the new acreage hosts lithium mineralisation.
Piedmont Lithium secures $12.2 million in placement
Positively, the placement was oversubscribed and upsized from initial levels.
Piedmont Lithium granted trading halt ahead of capital raising
The company recently received high-grade lithium results from initial exploratory drilling in North Carolina, US.
Piedmont Lithium brings on-board lithium industry veteran
The company plans to develop an integrated lithium hydroxide business.
Piedmont Lithium reveals new high-grade lithium hits in North Carolina
The new results indicate the potential for a significant project life extension for the Piedmont Lithium Project.
Piedmont Lithium updated study forecasts billion dollar lithium operation
The updated study demonstrates a low-cost, high-margin integrated lithium operation.
Hardware & electrical equipment
Lithium demand surges along with growth in electric vehicle market
GlobalData forecasts that demand for lithium will more than double to 58,300 tonnes in 2022.
Piedmont Lithium reveals quartz, feldspar and mica resources for lithium project in the US
The company’s scoping study update is due within Q3 2018 and will include the by-products.
Piedmont Lithium produces quartz, feldspar and mica as by-products from lithium project
Scoping Study update including by-product credits scheduled for completion later this month.
Piedmont Lithium’s high-grade results may add to lithium resource at US project
Drilling at Core property has returned broad, high-grade intervals of up to 8.2 metres at 1.91% lithium oxide.
Piedmont Lithium strengthens board with appointment of North Carolina local
The company is developing a vertically-integrated lithium strategy centred on the Carolina Tin-Spodumene Belt.
Piedmont Lithium’s scoping study delivers compelling economics for integrated lithium project
The Piedmont project is expected to meet a strategic need for domestic US lithium production.
Piedmont Lithium tests produce consistent high-grade concentrate from US lithium project
Bench-scale metallurgical tests have been carried out on samples from the Piedmont project in the Carolina Tin-Spodumene Belt.
Piedmont Lithium acquires site for planned US lithium chemical plant
The site will form part of the vertically integrated Piedmont Lithium Project in the world-class Carolina Tin-Spodumene Belt.
Piedmont Lithium sees added value from by-products in future mining operation
The project could potentially also produce valuable quartz, feldspar and mica concentrates.
Piedmont Lithium price target increased on back of maiden US lithium resource
Foster Stockbroking boosts target to 32 cents and maintains its Speculative Buy rating.
Piedmont Lithium reveals maiden lithium JORC resource
Drilling and test work programs are ongoing with more planned.
Piedmont Lithium concludes phase III drilling, moving towards maiden lithium resource
Exploration drilling on the recently revealed Sunnyside property has commenced.
Piedmont Lithium has major shareholder AustralianSuper increase stake
AustralianSuper has more than $120 billion in assets under management.
Piedmont Lithium receives more drill results, maiden resource on schedule
Notably, drilling is being completed under budget so additional metres have been added.
Piedmont Lithium appoints former FMC mill manager Jim Harkins as technical advisor
Harkins has over 35 years’ experience in mineral processing including 20 years in spodumene concentration.