In push to supply Tesla, Piedmont Lithium irks North Carolina neighbors
Piedmont Lithium s headquarters is seen in Belmont, Gaston County, North Carolina, U.S., July 16, 2021. REUTERS/Ernest Scheyder
July 21, 2021
By Ernest Scheyder
GASTON COUNTY, N.C. (Reuters) -In its quest to build one of the largest lithium mines in the United States, Piedmont Lithium Inc has overlooked one crucial constituency: its North Carolina neighbors.
Piedmont last autumn signed a deal to supply U.S. electric automaker Tesla Inc with lithium sourced from its deposits in North Carolina, sending the company’s stock up tenfold.
Piedmont has also hired investment banks to find investors for its $840 million project, which would include an open-air pit more than 500 feet (152 m) deep and facilities to produce lithium-based electric vehicle (EV) battery chemicals.
Hopeful North Carolina lithium supplier faces local pushback autoblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autoblog.com Daily Mail and Mail on Sunday newspapers.
Piedmont Lithium Limited is pleased to present its March 2021 quarterly report. This press release features multimedia. View the full release here: Piedmont Lithium Carolinas located within the TSB Highlights during and subsequent to the quarter were: Appointed Mr. David Klanecky as Executive Vice President and Chief Operating Officer of the Company. Mr. Klanecky most recently served as Albemarle Corporation’s .
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 has 39.2 million tonnes of mineral resources grading 1.09% lithium in the world-class Carolina Tin Spodumene-Belt
Piedmont Lithium Ltd’s (ASX:PLL) (NASDAQ:PLL) (OTCMKTS:PDDTF) had an ‘eventful’ March quarter, according to president and CEO Keith Phillips who said the company was positioning itself to be the United States’ first greenfield lithium project in more than 50 years and moving closer becoming a US company.
IRW-News: Piedmont Lithium Limited: Piedmont Lithium Limited: Quartalsbericht März 2021 boersennews.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boersennews.de Daily Mail and Mail on Sunday newspapers.