In the latest trading session, Piedmont Lithium Inc. (PLL) closed at $56.20, marking a +1.85% move from the previous day.
Blue Orca alleged in a report on Wednesday that the mining licenses obtained by Atlantic in Ghana were through what appeared to be "textbook corruption". In 2021, Piedmont invested $100 million in Atlantic to secure spodumene - high-purity lithium ore - from Atlantic's mine in Ghana. Piedmont has a spodumene supply agreement with electric-vehicle maker Tesla Inc.
BELMONT, N.C., March 09, 2023--Piedmont Lithium Inc. ("Piedmont" or the "Company") (Nasdaq:PLL; ASX:PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle ("EV") supply chain, today announced that its jointly-owned North American Lithium ("NAL") project has successfully produced initial spodumene concentrate ("SC6") as plans advance to fully restart the Quebec operation. Approximately 70 metric tons of spodumene concentrate were produced as part of commission