Merger BenefitsThe announced Piedmont/Sayona merger simplifies the NAL ownership/offtake structure and provides MergeCo with full exposure to rising commodity prices.
Operational EfficiencyManagement expects to achieve annual synergies of US$15-20M from reduced G&A, asset optimization, and logistics/procurement savings.
Production AchievementsNAL continues to set new records for production and utilization rates which hit 91% in 3Q driven by full use of the new crushed ore dome and jaw crusher.