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Piedmont Lithium to sell remaining stake in Sayona Mining for $39 million

(Reuters) - U.S. miner Piedmont Lithium said on Wednesday it would sell its remaining shares in Australian miner Sayona Mining for about A$59.9 million ($39.28 million). Weakness in lithium prices due to global supply outweighing demand led to Pied.

New south walesUnited statesKrishna chandra eluriSayona quebecKabir dweitPiedmont lithiumSayona miningNorth american lithium

Piedmont Lithium to sell remaining stake in Sayona Mining for $39 million

Mining Engineering Online

United statesNew south walesKrishna chandra eluriKabir dweitSayona quebecPiedmont lithiumSayona miningNorth american lithium

Piedmont Lithium to sell remaining stake in Sayona Mining for $39 million

Mining Engineering Online

United statesNew south walesKrishna chandra eluriKabir dweitSayona quebecPiedmont lithiumSayona miningNorth american lithium

CenterPoint to sell natgas assets in Louisiana and Mississippi for $1 2 billion

CenterPoint to sell natgas assets in Louisiana and Mississippi for $1 2 billion
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United statesKabir dweitCenterpoint energyBernhard capital

CenterPoint to sell Louisiana and Mississippi natgas assets for $1 2 billion

Several U.S. utilities have been disposing of their unregulated assets are the returns are dictated by market dynamics, while regulated operations offer steady returns that are preferred by investors. Last year, Utility firms Duke Energy and American Electric Power announced sales of their unregulated assets. "From an operational and strategic perspective, we remain confident in and committed to our regulated natural gas utilities in Texas, Indiana, Minnesota, and Ohio where we have significant footprints and rate bases," said CEO Jason Wells in a statement.

United statesJason wellsKabir dweitShinjini ganguliCenterpoint energyBernhard capitalBernhard capital partnersAmerican electric powerNatural gas assetsDuke energyJason wellsMarket dynamics

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