
- WORLD EDITIONAustraliaNorth AmericaWorld
February 03, 2022
Carolina Lithium Advancing Toward Final Investment Decision International Investments Support Plans For Additional U.S. Hydroxide Production
BELMONT, N.C., February 3, 2022 – Piedmont Lithium Inc. (“Piedmont” or the “Company”) (NASDAQ: PLL; ASX: PLL), a leading, diversified developer of lithium resources required to enable the U.S. electric vehicle supply chain, today provided an update on near-term growth initiatives with its projects in North Carolina, Quebec, and Ghana.
Highlights
- Piedmont expects to double U.S. lithium hydroxide production to 60,000 tpy
- 30,000 tpy at the fully integrated Carolina Lithium Project
- 30,000 tpy at a second planned U.S. plant, with site selection expected in Q2 2022
- Piedmont plans to produce or has offtake rights to an estimated 500,000 tpy of SC6 production
- Flagship Carolina Lithium Project is advancing toward a Final Investment Decision
- Bankable Feasibility Study (BFS) published in December 2021
- Economic Impact Study (EIS) published in January 2022
- Key workstreams for 2022
- Detailed engineering / Front End Engineering Design
- EPC contractor selection
- Final permitting and approvals
- Strategic partnering and potential project debt financing
- Investments in strategic resources in Quebec and Ghana position Piedmont for future growth
- Partnering with Sayona Mining (ASX: SYA) to develop one of Quebec’s leading lithium businesses
- Planned H1 2023 restart of North American Lithium’s spodumene concentrate plant
- Piedmont holds offtake rights to 50% of NAL production life-of-mine
- Partnering with Atlantic Lithium (AIM: ALL) to develop a world-class spodumene resource in Africa
- Expected increases to mineral resource estimates in 2022 based on recent drill results
- Feasibility Study (FS) expected late-2022; investment decision to follow
- Partnering with Sayona Mining (ASX: SYA) to develop one of Quebec’s leading lithium businesses
Click here for the full ASX Release
This article includes content from Piedmont Lithium, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

Sign up to get your FREE
55 North Mining Investor Kit
and hear about exciting investment opportunities.
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
The Conversation (0)
29 December 2025
55 North Mining
High-grade Manitoba gold project with exploration upside and strategic positioning in an active mining district
High-grade Manitoba gold project with exploration upside and strategic positioning in an active mining district Keep Reading...
29 December 2025
SQM, Codelco Seal Landmark Lithium Joint Venture in Salar de Atacama
Sociedad Quimica y Minera (SQM) (NYSE:SQM) and Codelco have finalized their long-awaited partnership, forming a new joint venture that will oversee lithium production in Chile’s Salar de Atacama through 2060.SQM announced on Saturday (December 27) that it has completed its strategic partnership... Keep Reading...
24 December 2025
Altius Minerals to Expand Portfolio with C$520 Million Lithium Royalty Deal
Altius Minerals (TSX:ALS,OTCQX:ATUSF) is making a bet on a lithium market recovery, agreeing to acquire Lithium Royalty (TSX:LIRC) in a C$520 million deal that will expand its exposure to battery metals.Under a definitive agreement announced by the two companies on Monday (December 22), Altius... Keep Reading...
23 December 2025
Liontown's First Tjiwarl Member Completes Apprenticeship at Kathleen Valley
Liontown (ASX:LTR,OTC Pink:LINRF) has reached a milestone at its Kathleen Valley operations, with Vaughan Harris becoming the first Tjiwarl community member to complete an apprenticeship with the company.“Being the first Tjiwarl apprentice to complete an apprenticeship here at Liontown feels... Keep Reading...
22 December 2025
Lithium Market 2025 Year-End Review
The global lithium market endured a bruising 2025, with persistent oversupply and softer-than-expected electric vehicle (EV) demand driving prices for the battery metal to multi-year lows.Lithium carbonate prices in North Asia slipped below US$9,550 per metric ton in February — their weakest... Keep Reading...
11 December 2025
Mining the Gap: 5 Forces Shaping North America’s Lithium Supply Chain
A convergence of industry investments, government initiatives and a shifting global trade dynamic is creating an environment ripe for the development of a North American battery supply chain, with lithium playing a leading role. These trends are reshaping the region’s industrial base and opening... Keep Reading...
10 December 2025
Rock Bottom: Strategic Window for Ground-level Lithium Investment
When lithium prices hit bottom, savvy investors know that’s exactly where the next big discovery begins — literally. Beneath the surface of global markets and remote exploration grounds, new opportunities are forming in the wake of a sharp price reset and renewed geopolitical urgency.Recent... Keep Reading...
Latest News

Sign up to get your FREE
55 North Mining Investor Kit
and hear about exciting investment opportunities.
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
Interactive Chart
Latest Press Releases
Rio Silver Inc. Completes Securities for Debt Transaction
31 December 2025
Prismo Metals Announces Closing of Private Placement
31 December 2025
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00






