中文
ENGLISHPiedmont Lithium announced its first commercial shipment from the North American lithium industry.
发布时间：2023-08-07 21:09:22 来源： 德国森泉蓄电池
Piedmont Lithium announced its first commercial shipment from the North American lithium industry.
Piedmont Lithium ("Piedmont" or "Company") (NASDAQ:. NAL shipped the first batch of 20500 tons of spodumene concentrate to international parties through a trading company.
Piedmont owns 12% equity in Sayona Mining and has signed an off take agreement ("Off take Agreement") with a joint venture to purchase 113000 tons or 50% of SC production (SC-6.0%) per year at a cap price of $900 per ton, whichever is higher, based on the lifespan of the mine. As 2023 is the launch year of NAL, both parties agree that Piedmont's allocation this year will be 56500 tons or 50% of the 2023 SC production, whichever is greater.
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The sales of the joint venture to customers are expected to support the joint venture's operating expenses, while the sales plan under the Piedmont off take agreement provides funding for the company's broader strategic initiatives, including development projects in Tennessee, Ghana, and North Carolina.
After the first shipment by the joint venture company, both parties agree that the next two batches of goods will be sent to Piedmont customers through a purchase agreement. Piedmont is expected to deliver 15000 tons to a large international trading company in August 2023; These tons have been produced and stored at the port. An additional 15000 tons are planned to be shipped to LG Chemical from September to October as an initial component of the four-year, 200000 ton agreement announced in February 2023.
Keith Phillips, President and CEO of Piedmont, stated that the first batch of shipments marked a critical period for the company to continue its transformation from a developer to a lithium producer.
Keith Phillips, President and CEO of Piedmont, stated:
Over the past seven years, Piedmont Lithium has been focused on developing critical lithium resource supplies, and with our plans implemented, we are pleased to start generating revenue and cash flow.
Our products will help our customers meet the requirements of the Inflation Reduction Act, thereby meeting the growing demand for electric vehicles and battery supply chains in the United States
About Piedmont Lithium
Piedmont Lithium (NASDAQ: PLL; Australian Stock Exchange: PLL) is developing a world-class multi asset comprehensive lithium business, focusing on transitioning to a net zero world and creating a clean energy economy in North America. Our goal is to become one of the largest producers of lithium hydroxide in North America by processing spodumene concentrate produced from assets that we have economic interests in.
Piedmont Lithium ("Piedmont" or "Company") (NASDAQ:. NAL shipped the first batch of 20500 tons of spodumene concentrate to international parties through a trading company.
Piedmont owns 12% equity in Sayona Mining and has signed an off take agreement ("Off take Agreement") with a joint venture to purchase 113000 tons or 50% of SC production (SC-6.0%) per year at a cap price of $900 per ton, whichever is higher, based on the lifespan of the mine. As 2023 is the launch year of NAL, both parties agree that Piedmont's allocation this year will be 56500 tons or 50% of the 2023 SC production, whichever is greater.
Battery News Advertising
The sales of the joint venture to customers are expected to support the joint venture's operating expenses, while the sales plan under the Piedmont off take agreement provides funding for the company's broader strategic initiatives, including development projects in Tennessee, Ghana, and North Carolina.
After the first shipment by the joint venture company, both parties agree that the next two batches of goods will be sent to Piedmont customers through a purchase agreement. Piedmont is expected to deliver 15000 tons to a large international trading company in August 2023; These tons have been produced and stored at the port. An additional 15000 tons are planned to be shipped to LG Chemical from September to October as an initial component of the four-year, 200000 ton agreement announced in February 2023.
Keith Phillips, President and CEO of Piedmont, stated that the first batch of shipments marked a critical period for the company to continue its transformation from a developer to a lithium producer.
Keith Phillips, President and CEO of Piedmont, stated:
Over the past seven years, Piedmont Lithium has been focused on developing critical lithium resource supplies, and with our plans implemented, we are pleased to start generating revenue and cash flow.
Our products will help our customers meet the requirements of the Inflation Reduction Act, thereby meeting the growing demand for electric vehicles and battery supply chains in the United States
About Piedmont Lithium
Piedmont Lithium (NASDAQ: PLL; Australian Stock Exchange: PLL) is developing a world-class multi asset comprehensive lithium business, focusing on transitioning to a net zero world and creating a clean energy economy in North America. Our goal is to become one of the largest producers of lithium hydroxide in North America by processing spodumene concentrate produced from assets that we have economic interests in.
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