Piedmont Lithium ( (AU:PLL) ) has provided an announcement.
Sayona Mining Limited and Piedmont Lithium Inc. are set to merge, forming Elevra Lithium, a leading entity in the North American lithium industry. The merger, pending shareholder approval, will create a streamlined ownership structure with a strong asset portfolio, aiming to meet the growing global demand for lithium through operational excellence and innovation.
More about Piedmont Lithium
Piedmont Lithium is a company operating in the lithium industry, focusing on the production and development of lithium resources. The company is involved in the mining sector and aims to enhance its market position by merging with Sayona Mining Limited to form a new entity called Elevra Lithium.
YTD Price Performance: -41.11%
Average Trading Volume: 24,339
Technical Sentiment Signal: Strong Buy
Current Market Cap: $122.7M
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