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lithium investing

Piedmont Lithium Gets Federal Permit to Develop Mine

Written by Priscila Barrera
|
Nov. 26, 2019 03:10PM PST

Piedmont Lithium announced that it has received a Section 404 permit to develop its mine in North Carolina, USA.

Piedmont Lithium (ASX:PLL,NASDAQ:PLL) announced that it has received a Clean Water Act Section 404 Standard Individual Permit from the US Army Corps of Engineers for the company’s 100 percent owned Piedmont Lithium project in North Carolina, USA.

As quoted in the press release:

Keith D. Phillips, president and chief executive officer, commented: “Securing a Section 404 Individual Permit is a major milestone for any natural resource project in the United States, and we are very pleased to have received this authorization. I want to thank our team members and advisors who have worked so diligently and cooperatively throughout this rigorous process, and also express our thanks to the Army Corps of Engineers for the highly professional manner in which they have approached this project from day one. We will now move forward with the permitting of our chemical plant operations during 2020. Our project is unique in being the only spodumene-to-hydroxide project in the United States, and now also stands out as the most advanced American lithium project from a permitting perspective. We are very excited about the important milestones ahead of us as we look to deliver a DFS for a fully permitted integrated project by the end of 2020.”

Click here for the full text release

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