Piedmont Lithium Inc.
PLLTL
Other OTC0.12
USD
+0.02
- -
Piedmont Lithium Inc.
PLLTL
(Other OTC)
Recent
price
0.12
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Piedmont Lithium Inc. is a vertically integrated lithium company focused on the exploration, development, and production of lithium hydroxide and spodumene concentrate primarily to support the electric vehicle (EV) and clean energy markets in North America and globally. The company manufactures battery-quality lithium hydroxide from spodumene concentrate sourced from its flagship Carolina Lithium Project in North Carolina and holds economic interests and long-term supply agreements in spodumene assets in Canada and Ghana. Piedmont offers lithium products including battery-grade lithium hydroxide and spodumene concentrate and aims to supply lithium products essential for EV battery manufacturers and stationary energy storage sectors. The company engages in spodumene mining, ore processing, and lithium hydroxide chemical production across its integrated lithium business. Piedmont operates in the lithium mining and chemical processing industry, targeting EV manufacturers, battery producers, and energy storage markets in North America and internationally. Founded in 2016, Piedmont Lithium is headquartered in Belmont, North Carolina. Recently, Piedmont Lithium completed a transformational merger with Sayona Mining Limited in August 2025 to form a combined entity named Elevra Lithium, expanding its global footprint and scale to become North America’s largest hard rock lithium producer. This merger created significant operational synergies, strengthened the balance sheet through capital raises totaling approximately $99 million, and enhanced growth potential via multiple development projects including three definitive feasibility stage developments and near-term brownfield expansion opportunities. The merged company plans marketing synergies through an expanded customer base and optimized logistics to reduce operating costs. Piedmont has also secured strategic lithium supply agreements, notably with Ford Motor Company for 61,000 metric tons of lithium hydroxide over 2025-2035 valued at around $1.2 billion, reinforcing its positioning in the EV supply chain. The company continues operational expansions such as incorporating additional mobile crushing capacities to mitigate weather impacts and advancing production guidance of 113,000-130,000 dry metric tons of lithium hydroxide in 2025 from its integrated operations. Piedmont Lithium’s industry focus spans lithium exploration, mining, chemical conversion, and supply chain integration with major emphasis on providing sustainable and reliable North American lithium sources to support the transition to a low-carbon economy. Its operations span the United States, Canada, and Ghana through its project portfolio and partnerships, targeting energy independence and electrification trends in transportation and energy storage. The company pursues further strategic partnerships, joint ventures, and acquisitions to broaden its resource base and advance lithium product innovations, including research into direct lithium extraction technologies. Overall, Piedmont Lithium Inc. stands as an integrated lithium producer concentrating on spodumene mining and lithium hydroxide production, with recent major changes marked by the Sayona merger and expanded strategic collaborations, positioning it as a key North American supplier for the critical lithium raw materials sector. Its headquarters is located in Belmont, North Carolina, and it was founded in 2016.
Piedmont Lithium Inc. (PLLTL) Shareholder/Analyst Call Transcript
Piedmont Lithium Inc. (PLLTL) M&A Call Transcript