Piedmont Lithium Inc
PLL
ISIN null / Valor 110375555
Piedmont Lithium Inc
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About company
Piedmont Lithium Inc. is a U.S.-based lithium producer focused on developing and operating hard rock lithium projects to supply the growing demand for electric vehicle batteries. The company’s portfolio includes significant spodumene resources in Quebec, Canada; Ghana; and North Carolina, strategically located near key infrastructure and manufacturing hubs. In Quebec, Piedmont co-owns North American Lithium (NAL), the largest active lithium mine in North America, which currently produces spodumene concentrate. Additionally, the joint venture Ewoyaa Lithium Project in Ghana is projected to generate approximately 365,000 metric tons of spodumene concentrate annually upon receiving necessary permits. Piedmont plans to establish downstream processing facilities within America’s Battery Belt to refine lithium hydroxide, enhancing its ability to serve major customers efficiently. By leveraging favorable U.S. policies supporting electric vehicles and manufacturing, Piedmont Lithium aims to expand its production capacity and integrate vertically within the lithium supply chain to meet the increasing demand for sustainable energy solutions.
Summarized from source with an LLMView SourceSector: Non-Energy MaterialsLatest Results (07.11.2025):
Piedmont Lithium Inc reported its Q2 2025 financial results with strong operational performance and production records. The company recorded shipments of approximately 20,200 dmt of spodumene concentrate, generating US$11.9 million in revenue at an average realized price of US$587/dmt. Record production was achieved at its North American Lithium facility, which produced 58,533 dmt with 93% mill utilization and 73% lithium recovery, while the company held US$56.1 million in cash and cash equivalents as of June 30, 2025. Additionally, Piedmont Lithium Inc has adjourned its Special Meeting of Stockholders regarding the proposed merger with Sayona Mining to August 11, 2025 to allow additional shareholder participation.
Strong Production and Revenue Performance
Piedmont Lithium Inc’s Q2 2025 results highlighted shipments of 20,200 dmt of spodumene concentrate that led to US$11.9 million in revenue, with an average realized sales price of US$587 per dmt. The company also maintained its full-year guidance with expected shipments between 113,000 to 125,000 dmt in 2025.
Operational Efficiency and Record Production
The North American Lithium facility set new quarterly records by producing 58,533 dmt of concentrate in Q2 2025, achieving 93% mill utilization and an impressive 73% lithium recovery. Furthermore, unit operating costs improved by 10% quarter-over-quarter to US$791 per dmt sold, reflecting better operating efficiencies.
Financial Position and Capital Management
With US$56.1 million in cash and cash equivalents as of June 30, 2025, Piedmont Lithium Inc remains focused on disciplined capital allocation, ensuring robust financial flexibility amidst challenging market conditions.
Merger Update with Sayona Mining
Piedmont Lithium Inc has postponed its Special Meeting of Stockholders from July 31 to August 11, 2025, to allow more time for shareholders to vote on the proposed merger with Sayona Mining. This strategic move is aimed at enhancing long-term value and creating a leading North American lithium business.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
159 M
Market cap (USD)
3,031,983
Daily traded volume (Shares)
9.14 / 8.64
1 day high/low (USD)
52 weeks high/low (USD)
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Ratings & reviews
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