Delaware
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001-38427
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36-4996461
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(State or Other Jurisdiction of Incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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42 E Catawba Street
Belmont, North Carolina
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28012
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(Address of Principal Executive Offices)
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(Zip Code)
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☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Title of each class
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Trading Symbol
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Name of exchange on which registered
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Common Stock, $0.0001 par value per share
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PLL
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The Nasdaq Capital Market
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Item 7.01 |
Regulation FD Disclosure.
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Item 9.01 |
Financial Statements and Exhibits.
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(d) |
Exhibits.
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Exhibit No.
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Description
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Press Release.
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104
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Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
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PIEDMONT LITHIUM INC.
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Date: April 30, 2024
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/s/ Keith Phillips
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Name:
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Keith Phillips
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Title:
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President and Chief Executive Officer
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PRESS RELEASE | April 30, 2024 | NASDAQ: PLL
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•
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Piedmont shipped approximately 15,500 dmt of spodumene concentrate in Q1’24
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•
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Record quarterly production of 40,439 dmt achieved at NAL in Q1’24; steady-state operations targeted in H2’24
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•
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March production of 15,699 dmt, a new monthly record, with recoveries of 69%
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•
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Piedmont is targeting full-year shipments totaling approximately 126,000 dmt, weighted to H2’24
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Piedmont Lithium
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Unit
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Q1’24
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QoQ Variance
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Q4’23
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Q3’23
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Concentrate Shipped
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kt dmt
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15.5
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7%
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14.2
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29.0
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Average Grade
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% Li2O
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~5.5%
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-
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~5.5%
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~5.3%
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North American Lithium1
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Unit
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Q1’24
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QoQ Variance
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Q4’23
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Q3’23
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Ore Mined
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kt wmt
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351.1
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9%
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322.4
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224.4
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Concentrate Produced
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kt dmt
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40.4
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18%
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34.2
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31.5
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Plant (Mill) Utilization
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%
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73%
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(2%)
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75%
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72%
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Lithium Recovery
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%
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67%
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5%
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62%
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58%
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Concentrate Shipped
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kt dmt
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58.1
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142%
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23.9
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48.2
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