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Piedmont Lithium ( (AU:PLL) ) just unveiled an announcement.
Sayona Mining Limited, a company involved in the lithium industry, has announced the successful approval of its merger with Piedmont Lithium Inc. by Piedmont’s stockholders. The merger, which aims to create a leading global lithium company, is scheduled for completion on August 30, 2025. This strategic move is expected to enhance Sayona’s position in the global battery materials supply chain and generate long-term value for stakeholders. The merger will be followed by a conditional placement and share consolidation, with key dates set for early September 2025.
The most recent analyst rating on (AU:PLL) stock is a Buy with a A$0.10 price target. To see the full list of analyst forecasts on Piedmont Lithium stock, see the AU:PLL Stock Forecast page.
More about Piedmont Lithium
YTD Price Performance: -3.45%
Average Trading Volume: 2,236,986
Technical Sentiment Signal: Sell
Current Market Cap: A$312.5M
For an in-depth examination of PLL stock, go to TipRanks’ Overview page.