Welcome to our dedicated page for Piedmont Lithium news (Ticker: PLL), a resource for investors and traders seeking the latest updates and insights on Piedmont Lithium stock.
Piedmont Lithium Inc. (NASDAQ: PLL) operates at the forefront of North America's lithium supply chain, developing integrated projects to produce battery-grade materials for electric vehicles and energy storage systems. This news hub provides investors and industry stakeholders with essential updates on the company's strategic initiatives and market developments.
Access authoritative reporting on PLL's progress in lithium hydroxide production, including operational milestones at its Carolina Lithium and Tennessee Lithium projects. Our curated news collection covers regulatory updates, partnership announcements, and technological advancements that shape the company's role in domestic battery material supply chains.
Key updates include progress on spodumene-to-lithium conversion processes, sustainability initiatives, and supply agreements with automotive manufacturers. Track developments critical to understanding PLL's position in the clean energy transition and U.S. critical minerals strategy.
Bookmark this page for real-time updates on earnings reports, project timelines, and industry analyses. Stay informed about Piedmont Lithium's contributions to reducing foreign dependence on battery materials through vertically integrated operations.
Piedmont Lithium (Nasdaq: PLL; ASX: PLL) has announced participation in several upcoming industry conferences, including TD Cowen Sustainability Week (May 21-23), KeyBanc Industrials and Basic Materials Conference (May 28-30), THE Mining Investment Event of the North (June 4-6), Evercore ISI Global Clean Energy and Transition Technologies Summit (June 11-12), Benchmark Giga USA 2024 and World Lithium Congress (June 11-13), JP Morgan Energy, Power, and Renewables Conference (June 17-18), and Fastmarkets Lithium Supply and Battery Raw Materials Conference (June 24-27).
CEO Keith Phillips highlighted the company's plans to update the industry on their projects in the U.S., Canada, and Ghana, including record production levels at North American Lithium and the receipt of the Carolina Lithium mining permit. The company aims to ship approximately 126,000 dry metric tons of spodumene concentrate in 2024 and increase deliveries to core customers under long-term contracts.
Piedmont Lithium (Nasdaq: PLL; ASX: PLL), a key North American lithium supplier, announced significant high-grade lithium mineralization at North American Lithium (NAL) in Quebec.
The 2023 drill program revealed thick, high-grade spodumene-bearing pegmatites beyond current pit operations and planned pit shell models. These findings could lead to a substantial resource upgrade and potential mine life extension.
Piedmont owns 25% of NAL, while Sayona Mining holds 75%. NAL, the largest lithium operation in North America, restarted production in March 2023, achieving record production volumes each quarter.
CEO Keith Phillips emphasized the strategic importance of NAL, noting the potential for increased annual production and a longer mine life. Investors are cautioned about differences in public disclosures between Piedmont and Sayona due to varying regulatory frameworks.
Piedmont Lithium Inc. reported record quarterly production at North American Lithium (NAL), achieving 40,439 dry metric tons of spodumene concentrate in Q1’24 with strong lithium recoveries. The Carolina Lithium mining permit was received in May 2024, accelerating funding discussions. Revenue reached $13.4 million, cash stood at $71.4 million, and the outlook for 2024 includes doubling shipments and reducing investments by over 50% in H2’24 vs. H1’24.
Piedmont Lithium announced the shipment of approximately 15,500 dmt of spodumene concentrate in Q1’24, achieving record quarterly production of 40,439 dmt at North American Lithium. The company targets steady-state operations in H2’24, with a forecast of shipping around 126,000 dmt in 2024.
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