Piedmont Lithium Inc., an exploration stage company, engages in the exploration and development of resource projects in the United States. The company primarily holds a 100% interest in the Carolina Lithium Project that include an area of approximately 3,116 acres located within the Carolina Tin-Spodumene Belt situated to the west of Charlotte, North Carolina in the United States. It also owns a 61-acre property in Kings Mountain, North Carolina. Piedmont Lithium Inc. is headquartered in Belmont, North Carolina.

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
revenue
cost of revenue
gross profit
selling and marketing expenses
general and administrative expenses						3.08M -	8.86M 187.90%	29.45M 232.32%
selling general and administrative expenses						3.08M -	8.86M 187.90%	29.45M 232.32%
research and development expenses					1.21M -
other expenses	655.98K -	509.79K 22.29%	401.03K 21.33%	469.90K 17.17%	-577.38K 222.87%	7.12M 1,332.46%	10.87M 52.82%	1.94M 82.16%
cost and expenses						10.19M -	19.74M 93.77%	31.39M 59.04%
operating expenses	1.32M -	931.30K 29.44%	615.69K 33.89%	1.80M 192.43%	9.50M 427.87%	10.19M 7.17%	19.74M 93.77%	31.39M 59.04%
interest expense					-237.83K -	-596.56K 150.84%	193.27K 132.40%	115.03K 40.48%
ebitda						-10.42M -	-19.80M 90.02%	-9.56M 51.72%
operating income					-10.20M -	-10.42M 2.19%	-19.74M 89.42%	-39.74M 101.36%
depreciation and amortization	13.98K -	7.06K 49.49%	7.45K 5.51%	1.50K 79.86%		8.81K -	11.59K 31.51%	30.18M 260,333.19%
total other income expenses net	655.98K -					234.09K -	74.62K 68.12%	29.90M 39,976.31%
income before tax						-9.82M -	-19.93M 102.89%	-9.84M 50.65%
income tax expense	655.98K -				-237.83K -	-596.56K 150.84%	257.89K 143.23%	3.14M 1,117.28%
net income	-2.85M -	-903.33K 68.35%	-286.75K 68.26%	-2.69M 837.49%	-9.90M 268.16%	-9.82M 0.75%	-19.99M 103.55%	-12.97M 35.11%
weighted average shs out	397.81M -	397.81M 0%	397.81M 0%	409.98M 3.06%	520.22M 26.89%	6.22M 98.80%	13.55M 117.95%	17.52M 29.27%
weighted average shs out dil	397.81M -	397.81M 0%	397.81M 0%	409.98M 3.06%	520.22M 26.89%	6.22M 98.80%	13.55M 117.95%	17.52M 29.27%
eps	-0.01 -	-0.00 68.06%	-0.00 69.57%	-0.01 842.86%	-0.02 187.88%	-1.58 8,215.79%	-1.48 6.33%	-0.74 50%
epsdiluted	-0.01 -	-0.00 68.06%	-0.00 69.57%	-0.01 842.86%	-0.02 187.88%	-1.58 8,215.79%	-1.48 6.33%	-0.74 50%

COM:PIEDMONTLITHIUM

Piedmont Lithium

Last Close

10.47

21/11 21:00

Market Cap

206.09M

Beta: -

Volume Today

1.37M

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