Piedmont Lithium gets mining permit for North Carolina project [Reuters]
Piedmont Lithium Inc. (PLL)
Company Research
Source: Reuters
, opens new tab said that it had received a long-delayed permit for starting the construction its lithium mine from North Carolina regulators in a further boost to the supplies of the electric vehicle battery component in the United States. The proposed mine, which can produce 30,000 metric tons of lithium hydroxide per year, could become one of North America's largest sources of Lithium. It had run into regulatory hurdles after local residents, worried about the project's environmental impact, raised objections. Shares of Piedmont, which first applied for the permit in August 2021, rose 24% in premarket trade. "We plan to develop Carolina Lithium as one of the lowest-cost, most sustainable lithium hydroxide operations in the world," said CEO Keith Phillips. Piedmont Lithium has a supply agreement with automaker Tesla (TSLA.O) New Tab , opens new tab The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here. Reporting by Sour
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News
- Piedmont Lithium to Release First-Quarter 2024 Results on May 9, 2024 [Yahoo! Finance]Yahoo! Finance
- Piedmont Lithium to Release First-Quarter 2024 Results on May 9, 2024Business Wire
- Piedmont Lithium's (PLL) Project Gets Mining Permit Approval [Yahoo! Finance]Yahoo! Finance
- Piedmont Lithium Inc. (NASDAQ: PLL) had its "buy" rating re-affirmed by analysts at DA Davidson. They now have a $60.00 price target on the stock.MarketBeat
- Piedmont Lithium takes a big step forward in plans to build $1B mine near Charlotte [Yahoo! Finance]Yahoo! Finance
PLL
Earnings
- 2/22/24 - Miss
PLL
Sec Filings
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- PLL's page on the SEC website