Piedmont Lithium and Sayona Mining have signed a definitive agreement to combine the two companies and create a leading North American lithium business. Sayona will be the ultimate parent entity. “This merger combines two complementary businesses and will create a larger and stronger company. MergeCo will be North America’s largest lithium producer and will have an attractive growth profile with…
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Photo: Business Wire Piedmont Lithium said that the Minerals Income Investment Fund of Ghana (MIIF) has agreed to invest in the Ewoyaa project – set to be the country’s first lithium-producing mine. MIIF will invest US$27.9 million to acquire a 6% stake in Ewoyaa, as well as invest $5 million in Piedmont partner Atlantic Lithium. The project-level funding is expected…
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North American Lithium, a joint venture between Piedmont Lithium (25%) and Sayona Mining (75%), has shipped 20,500 metric tons of spodumene concentrate to international parties – its first commercial shipment. Full story.
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Piedmont Lithium said its partner Atlantic Lithium has completed infill and exploration drilling for the latter’s flagship Ewoyaa project in Ghana. “The assay results confirm high-grade mineralization, providing further confidence in resource conversion and possible mine life extension,” said the lithium resources developer. Piedmont is earning a 50% interest in Atlantic Lithium’s spodumene projects in Ghana. The agreement includes an…
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Sayona Quebec, a joint venture between Sayona Mining (75%) and Piedmont Lithium (25%), has launched a prefeasibility study for lithium carbonate production at its North American Lithium project near Val-d’Or, Quebec, Canada. Read full article here.
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Atlantic Lithium, a partner of Piedmont Lithium, has completed a prefeasibility study for its flagship Ewoyaa project located in the Cape Coast region of Ghana. The project will be a primary source of spodumene concentrate for Piedmont’s Tennessee Lithium operations in the United States. Atlantic Lithium said the study demonstrated a production target of approximately 255,000 tons/year of 6% lithium…
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