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Piedmont Lithium and Sayona Mining Announce Merger and New Company Name

Story Highlights

Sayona Mining ( (AU:SYA) ) has shared an announcement.

Piedmont Lithium and Sayona Mining have announced that their merged entity will be named Elevra Lithium, with a Board of Directors comprising members from both companies. The merger aims to create a leading lithium business, enhancing their market position and operational capabilities in the lithium industry.

More about Sayona Mining

Sayona Mining is involved in the lithium industry, focusing on the supply of lithium products that are critical to the electric vehicle supply chain.

YTD Price Performance: -50.0%

Average Trading Volume: 468,207

Technical Sentiment Signal: Strong Buy

Current Market Cap: $106.1M

For an in-depth examination of SYA stock, go to TipRanks’ Stock Analysis page.

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