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An update from Piedmont Lithium ( (AU:PLL) ) is now available.
Piedmont Lithium reported its Q1 2025 financial results, highlighting shipments of approximately 27,000 dmt of spodumene concentrate, generating US$20.0 million in revenue. Despite challenges such as weather-related impacts on mill utilization, the company achieved record lithium recoveries and remains on track to meet its production and cost guidance. The merger with Sayona Mining to form Elevra Lithium is progressing, with expected closure in mid-2025, aiming to enhance shareholder value and strengthen its position in the North American battery supply chain.
More about Piedmont Lithium
Piedmont Lithium Inc. is a leading North American supplier of lithium products, which are critical to the U.S. electric vehicle supply chain. The company focuses on producing spodumene concentrate and is involved in various lithium projects, including the North American Lithium and Ewoyaa Lithium Project in Ghana.
Average Trading Volume: 1,309,059
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$251.7M
For an in-depth examination of PLL stock, go to TipRanks’ Stock Analysis page.