Piedmont Lithium Inc. (ADR)

Piedmont Lithium Ltd. today announced that it plans to conduct a U.S. public offering, subject to market and other conditions, of 1.5 million of its American Depositary Shares, with each ADS representing 100 of its ordinary shares . Evercore ISI, Canaccord Genuity and ThinkEquity, a division of Fordham Financial Management, are acting as joint book-runners and lead underwriters for the Public Offering. Piedmont intends to [...]

Piedmont Lithium Limited is pleased to announce the Company has resumed drilling on its properties located within the world-class Carolina Tin-Spodumene Belt in North Carolina, USA. The drill program will consist of approximately 5,600 m. The program’s primary objectives are to drill Exploration Target areas on the Core and Central properties, as well as previously untested occurrences of spodumene bearing pegmatite on [...]

Piedmont Lithium Ltd. is pleased to present its June 2020 quarterly report. Highlights during and subsequent to the quarter were: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200730005130/en/ Figure 1: Piedmont Lithium project located within the TSB Completed a pre-feasibility study for Piedmont’s proposed lithium hydroxide chemical plant in Kings Mountain [...]

Piedmont Lithium Ltd. is pleased to announce that it has completed a bench-scale testwork program at SGS Canada in Lakefield to produce initial quantities of battery-quality lithium hydroxide monohydrate. Lithium hydroxide was produced from spodumene concentrate produced at SGS from core samples taken from the Piedmont Lithium Project. Quality results compare favorably with current market specifications for battery [...]

Piedmont Lithium Ltd. is pleased to report that the Company has entered into a memorandum of understanding with Primero Group relating to the Company’s planned spodumene concentrator located in the historic Carolina Tin-Spodumene Belt in North Carolina, USA. Piedmont and Primero have partnered since early 2018 and Primero has been the lead engineering consultant for Piedmont’s scoping studies, concentrator design, and [...]

Piedmont Lithium Ltd. today announced the closing of its previously announced underwritten public offering of 2,065,000 American Depositary Shares, which includes the full exercise of the underwriters’ option to purchase 265,000 additional ADSs, each ADS representing 100 of its ordinary shares, at a price per ADS to the public of US$6.30. The aggregate gross proceeds of the Public Offering totaled approximately US$13.0 [...]

Piedmont Lithium Ltd. today announced the pricing of an underwritten public offering of 1,800,000 American Depositary Shares, each representing 100 of its ordinary shares , at a price per ADS to the public of $6.30, for aggregate gross proceeds of $11,340,000. Piedmont has granted the underwriters a 30-day option to purchase up to an additional 265,000 of the ADSs sold in the Public Offering to cover over-allotments at [...]

Piedmont Lithium Limited is pleased to announce that it has appointed Mr. Austin Devaney as Vice President – Sales & Marketing. Mr. Devaney will play a broad strategic role with Piedmont and will drive relationships with the global automotive, battery and cathode companies that are the prospective customers for the battery-grade lithium hydroxide we plan to produce in the United States. Mr. Devaney is a chemical engineer [...]

Piedmont Lithium Ltd. is pleased to report the results of the Company’s pre-feasibility study for its proposed lithium hydroxide chemical plant in Kings Mountain, North Carolina, USA. The PFS assumes a stand-alone merchant Chemical Plant that would convert spodumene concentrate purchased on the global market to battery-grade lithium hydroxide. Concurrently, Piedmont has updated the scoping study for its integrated [...]

Piedmont Lithium Ltd. is pleased to announce that it has produced 120 kg of spodumene concentrate from core samples collected from the Company’s Piedmont Lithium Project located within the world-class Carolina Tin-Spodumene Belt. These samples have now been used in the bench-scale lithium hydroxide testwork program nearing completion at SGS laboratories in Lakefield, Ontario. Concentrate qualities and recoveries were [...]