PIEDMONT LITHIUM TO PROVIDE PORTFOLIO UPDATE AT MAY INDUSTRY CONFERENCES
May 02 2023 - 6:50AM
Business Wire
NAL production restart, first shipments to
Tesla and LG Chem, near-term revenue potential among key
topics
Piedmont Lithium Inc. (“Piedmont” or the “Company”)
(Nasdaq:PLL; ASX:PLL), a leading global developer of lithium
resources, announced executive participation in the following
industry conferences in May:
- Macquarie Australia Conference – Sydney Australia, May 2-4
- Citi Energy & Climate Technology Conference – Boston,
Massachusetts, May 9-10
- Society for Mining, Metallurgy & Exploration – New York,
New York, May 9
- Canaccord Genuity Global Metals & Mining Conference – Palm
Desert, California, May 10-12
- Deutsche Bank NDR – virtual, May 15
- Evercore Battery Metals Conference – New York, New York, May
17
- B. Riley 23rd Annual Institutional Investor Conference –
Beverly Hills, California, May 24-25
- KeyBanc 2023 Industrials & Basic Materials Conference –
Boston, Massachusetts, May 30-June 1
Piedmont President and Chief Executive Officer Keith Phillips
said updating the industry and investors on Piedmont’s global
portfolio of lithium projects is particularly timely given the
Company’s potential for near-term revenue generation. “We are
keenly focused on first commercial shipments from North American
Lithium, targeted for Q3, and we look forward to bringing these
lithium resources to the market through our offtake agreements with
Tesla and LG Chem. We are pleased with the project economics
demonstrated by the Tennessee Lithium definitive feasibility study
as we advance toward a definitive feasibility study for the Ewoyaa
Lithium Project and the permitting and approval process for
Carolina Lithium.”
To view Piedmont’s updated corporate presentation, click
here.
About Piedmont Lithium Piedmont Lithium (Nasdaq:PLL; ASX:PLL) is
developing a world-class, multi-asset, integrated lithium business
focused on enabling the transition to a net zero world and the
creation of a clean energy economy in North America. Our goal is to
become one of the largest lithium hydroxide producers in North
America by processing spodumene concentrate produced from assets
where we hold an economic interest. Our projects include our
Carolina Lithium and Tennessee Lithium projects in the United
States and partnerships in Quebec with Sayona Mining (ASX:SYA) and
in Ghana with Atlantic Lithium (AIM:ALL; ASX:A11). These
geographically diversified operations will enable us to play a
pivotal role in supporting America’s move toward energy
independence and the electrification of transportation and energy
storage. For more information, follow us on Twitter
@PiedmontLithium and visit www.piedmontlithium.com.
Piedmont Lithium Forward-Looking Statements This press release
contains forward-looking statements within the meaning of or as
described in securities legislation in the United States and
Australia, including statements regarding exploration, development,
and construction activities of Sayona Mining, Atlantic Lithium and
Piedmont; current plans for Piedmont’s mineral and chemical
processing projects; strategy; and strategy. Such forward-looking
statements involve substantial and known and unknown risks,
uncertainties, and other risk factors, many of which are beyond our
control, and which may cause actual timing of events, results,
performance or achievements and other factors to be materially
different from the future timing of events, results, performance,
or achievements expressed or implied by the forward-looking
statements. Such risk factors include, among others: (i) that
Piedmont, Sayona Mining, or Atlantic Lithium will be unable to
commercially extract mineral deposits, (ii) that Piedmont’s, Sayona
Mining’s or Atlantic Lithium’s properties may not contain expected
reserves, (iii) risks and hazards inherent in the mining business
(including risks inherent in exploring, developing, constructing
and operating mining projects, environmental hazards, industrial
accidents, weather or geologically related conditions), (iv)
uncertainty about Piedmont’s ability to obtain required capital to
execute its business plan, (v) Piedmont’s ability to hire and
retain required personnel, (vi) changes in the market prices of
lithium and lithium products, (vii) changes in technology or the
development of substitute products, (viii) the uncertainties
inherent in exploratory, developmental and production activities,
including risks relating to permitting, zoning and regulatory
delays related to our projects as well as the projects of our
partners in Quebec and Ghana, (ix) uncertainties inherent in the
estimation of lithium resources, (x) risks related to competition,
(xi) risks related to the information, data and projections related
to Sayona Mining or Atlantic Lithium, (xii) occurrences and
outcomes of claims, litigation and regulatory actions,
investigations and proceedings, (xiii) risks regarding our ability
to achieve profitability, enter into and deliver product under
supply agreements on favorable terms, our ability to obtain
sufficient financing to develop and construct our projects, our
ability to comply with governmental regulations and our ability to
obtain necessary permits, and (xiv) other uncertainties and risk
factors set out in filings made from time to time with the U.S.
Securities and Exchange Commission (“SEC”) and the Australian
Securities Exchange, including Piedmont’s most recent filings with
the SEC. The forward-looking statements, projections and estimates
are given only as of the date of this press release and actual
events, results, performance, and achievements could vary
significantly from the forward-looking statements, projections and
estimates presented in this press release. Readers are cautioned
not to put undue reliance on forward-looking statements. Piedmont
disclaims any intent or obligation to update publicly such
forward-looking statements, projections, and estimates, whether as
a result of new information, future events or otherwise.
Additionally, Piedmont, except as required by applicable law,
undertakes no obligation to comment on analyses, expectations or
statements made by third parties in respect of Piedmont, its
financial or operating results or its securities.
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version on businesswire.com: https://www.businesswire.com/news/home/20230502005299/en/
For further information, contact: Erin Sanders SVP,
Corporate Communications & Investor Relations T: +1 704 575
2549 E: esanders@piedmontlithium.com
Christian Healy/Jeff Siegel Media Inquiries E:
Christian@dlpr.com E: Jeff@dlpr.com
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