Piedmont Lithium Inc, is a U.S. based, development-stage, multi-asset, integrated lithium business in support of a clean energy economy and U.S. and world-wide energy security. Its portfolio of wholly-owned projects includes Carolina Lithium, a proposed fully integrated spodumene ore-to-lithium hydroxide project in Gaston County, North Carolina, and Tennessee Lithium, a proposed merchant lithium hydroxide manufacturing plant in McMinn County, Tennessee.

Piedmont Lithium Inc.

Piedmont Lithium is a U.S.-based supplier focused on lithium supply and production, primarily from hard rock sources in North America, Ghana, and Quebec.

Piedmont Lithium

Piedmont Lithium Inc. | 13,192 followers on LinkedIn. Power With Tomorrow In Mind | Piedmont Lithium is developing a world-class integrated lithium business in the United States, enabling the transition to a net zero world and the creation of a clean energy economy in America. Our location in the renowned Carolina Tin Spodumene Belt of North Carolina, the cradle of the lithium industry, positions us to be one of the world’s lowest cost producers of lithium hydroxide, and the most strategically located to serve the fast-growing US electric vehicle supply chain. The unique geographic proximity of our resources, production operations and prospective customers, places us on the path to be the most sustainable producer of lithium hydroxide in the world and should allow Piedmont to play a pivotal role in supporting America’s move toward decarbonization and the electrification of transportation and energy storage.

Austin Devaney

Executive Vice President and Chief Legal Officer at Piedmont Lithium Inc.

Bruce Czachor

James Griffiths

Senior Vice President - Safety, Environment, and Health / Board Member

Monique Parker, CSP

Q3 2024 Highlights: North American Lithium set production records, expanded mineral resource estimate. Piedmont shipped record tonnage and achieved industry-leading price realizations. Improved operating costs and reduced capital expenditures and investments expected to continue through Q4. https://bit.ly/4hMzUge

Piedmont Lithium will hold its Q3 2024 earnings conference call on Tuesday, November 12, at 8:30 a.m. Eastern Time. For details on how to join, visit: https://bit.ly/4eouzZD

Record quarterly production continued at North American Lithium in Q3'24 as Piedmont Lithium shipped ~31,500 dmt of spodumene concentrate. 91% mill utilization and lithium recovery of 67% at NAL. #lithium https://bit.ly/3AoEaRV

The Minerals Commission of Ghana has issued a Mine Operating Permit to Piedmont Lithium's joint venture Ewoyaa #Lithium Project. https://bit.ly/4eAMVaD

The EPA Ghana has granted an environmental permit to the Ewoyaa #Lithium Project in Ghana – a major project development milestone. Congrats to our partners, Atlantic Lithium Limited . https://bit.ly/3zi1O28

We were proud to attend the Gaston Business Association ’s Professional Women’s Association Luncheon today featuring Gaston County native Sylvia Hatchell , retired Carolina Tar Heels coach and former assistant coach for the 1994 Olympic basketball team. With an illustrious career that includes over 1,000 career wins, induction into both the Naismith Memorial Basketball Hall of Fame and the Women’s Basketball Hall of Fame, and triumphing over cancer, Sylvia shared invaluable insights on winning strategies both on the court and in life. Emily Blackburn Winter had the privilege of attending the empowering event on behalf of Piedmont. Thank you, Gaston Business Association’s Professional Women’s Association for hosting this great experience!

Congratulations to our Senior Vice President of Safety, Environment, and Health Monique Parker, CSP on her recognition as the Blacks in Safety Excellence Safety Professional of the Year! Monique received the honor at the Safety2024 conference held last week, joining the ranks of the esteemed leaders and advocates for workplace safety and health who were honored by the American Society of Safety Professionals (ASSP) . Monique was recently elected to serve as the Senior Vice President of the Board of Directors for the ASSP, which includes more than 35,000 members in 80 countries around the world. She began her one-year term in the position in July and will succeed the President-Elect and President, serving one-year terms in each position when her current term is complete. Please join us in applauding Monique for her achievements and ongoing commitment to safety excellence!

Q2 2024 Highlights: North American Lithium continues to demonstrate its potential as an excellent asset, achieving steady-state production. We expect to sell the bulk of our 2024 NAL offtake in H2, prioritizing customer contracts and structuring spot shipments to limit downside exposure. https://bit.ly/4deUDqf

North American Lithium achieves new quarterly production and operations records in Q2 2024 as Piedmont targets 96,500 dmt of #spodumene concentrate shipments in H2 2024, prioritizing contract customers. #Lithium bit.ly/3YoOq6e

	Jun '14	Jun '15	Jun '16	Jun '17	Jun '18	Jun '20	Jun '21	Dec '22
net income	-2.85M -	-903.33K 68.35%	-286.75K 68.26%	-2.69M 837.49%	-9.96M 270.42%	-9.82M 1.36%	-19.99M 103.55%	-12.97M 35.11%
depreciation and amortization	13.98K -	7.06K 49.49%	7.45K 5.51%	1.50K 79.86%	1.26K 16.12%	8.81K 599.92%	11.59K 31.51%	73.70K 535.92%
deferred income tax							64.63K -	3.14M 4,757.59%
stock based compensation					1.17M -	438.38K 62.60%	1.32M 200.97%	3.49M 164.52%
change in working capital					1.25M -	-200.28K 115.96%	2.20M 1,197.08%	277.88K 87.35%
accounts receivables
inventory
accounts payables								1.41M -
other working capital					1.25M -	-200.28K 115.96%		-1.14M -
other non cash items	-189.70K -	-391.76K 106.51%	-274.06K 30.04%	921.86K 436.37%	-52.54K 105.70%	-234.09K 345.56%	143.73K 161.40%	-20.45M 14,330.91%
net cash provided by operating activities	-3.03M -	-1.29M 57.49%	-553.36K 57.04%	-1.76M 218.94%	-7.58M 329.61%	-9.81M 29.38%	-16.26M 65.72%	-26.45M 62.69%
investments in property plant and equipment				-4.13K -	-1.34K 67.61%	-1.54M 114,829.16%	-18.21M 1,084.21%	-25.73M 41.33%
acquisitions net							-16.36M -	-34.07M 108.26%
purchases of investments					-36.39K -			-43.60M -
sales maturities of investments			79.88K -
other investing activites	1.88K -			-181.09K -	-560.78K 209.67%	-15K 97.33%		43.60M -
net cash used for investing activites	1.88K -		79.88K -	-185.22K 331.88%	-598.51K 223.14%	-1.55M 159.40%	-34.57M 2,126.44%	-59.80M 73.00%
debt repayment						-435.54K -	-695.57K 59.71%	-1.09M 56.38%
common stock issued				3.89M -	12.42M 219.29%	8.83M 28.86%	174.96M 1,881.08%	122.06M 30.24%
common stock repurchased				-310.98K -
dividends paid
other financing activites				72.01K -	-653.70K 1,007.83%	-74.33K 88.63%	349.05K 569.59%	279.03K 20.06%
net cash used provided by financing activities				3.65M -	11.76M 222.29%	8.32M 29.25%	174.62M 1,998.29%	121.25M 30.56%
effect of forex changes on cash				-630.13 -	52.22K 8,386.80%	234.09K 348.30%
net change in cash	-2.85M -	-987.92K 65.34%	-333.36K 66.26%	2.11M 732.14%	3.68M 74.61%	-2.81M 176.27%	123.79M 4,511.25%	35.00M 71.73%
cash at beginning of period	6.23M -	2.75M 55.81%	1.72M 37.57%	1.43M 17.06%	3.51M 146.55%	7.24M 105.95%	18.86M 160.51%	64.24M 240.69%
cash at end of period	3.38M -	1.77M 47.77%	1.39M 21.52%	3.53M 155.02%	7.19M 103.64%	4.43M 38.39%	142.65M 3,118.57%	99.25M 30.43%
operating cash flow	-3.03M -	-1.29M 57.49%	-553.36K 57.04%	-1.76M 218.94%	-7.58M 329.61%	-9.81M 29.38%	-16.26M 65.72%	-26.45M 62.69%
capital expenditure				-4.13K -	-1.34K 67.61%	-1.54M 114,829.16%	-18.21M 1,084.21%	-25.73M 41.33%
free cash flow	-3.03M -	-1.29M 57.49%	-553.36K 57.04%	-1.77M 219.68%	-7.58M 328.68%	-11.35M 49.64%	-34.46M 203.72%	-52.18M 51.40%

COM:PIEDMONTLITHIUM

Piedmont Lithium

Last Close

12.05

22/11 15:00

Market Cap

234.22M

Beta: -

Volume Today

143.68K

Avg: -

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