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Sayona Mining Reports Record Lithium Production and Strategic Merger Progress

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Sayona Mining Reports Record Lithium Production and Strategic Merger Progress

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Sayona Mining ( (AU:SYA) ) just unveiled an update.

Sayona Mining’s North American Lithium operations achieved record production levels in the June 2025 quarter, with spodumene concentrate production reaching 58,533 dry metric tonnes, a 35% increase quarter-on-quarter. Despite a decrease in average selling prices due to weak market conditions, the company managed to reduce unit operating costs by 10% and maintained strong sales volumes. The proposed merger with Piedmont Lithium is expected to complete in August 2025, positioning the merged entity as a leading North American lithium producer. The company also reported progress in safety performance and exploration efforts, with no lost time injuries recorded in May and June 2025.

The most recent analyst rating on (AU:SYA) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on Sayona Mining stock, see the AU:SYA Stock Forecast page.

More about Sayona Mining

Sayona Mining is a company operating in the lithium industry, focusing on the extraction and production of spodumene concentrate. The company is involved in mining operations in North America, particularly in Québec, Canada, and has a market focus on supplying lithium to meet growing global demand.

Average Trading Volume: 37,460,682

Technical Sentiment Signal: Sell

Current Market Cap: A$265.5M

See more insights into SYA stock on TipRanks’ Stock Analysis page.

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