Piedmont Lithium Hits Record Production, Shipping Over 31K Tons of Spodumene in Q3 for EV Supply Chain, Plans for 116K-Ton Spodumene Shipment Target in 2024
Portfolio Pulse from Benzinga Newsdesk
Piedmont Lithium (NASDAQ: PLL) reported record production and shipping of 31,500 tons of spodumene in Q3 2024, with plans to ship 116,000 tons in 2024. The company, in partnership with Sayona Mining, achieved high production and operational performance at North American Lithium. A shipment shift to early 2025 is expected to benefit 2025 totals.
October 28, 2024 | 10:55 am
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Piedmont Lithium achieved record production and shipping in Q3 2024, with plans to ship 116,000 tons of spodumene in 2024. A shipment shift to early 2025 is expected to benefit 2025 totals.
Piedmont Lithium's record production and shipping figures indicate strong operational performance, which is positive for the company's short-term outlook. The shift of a shipment to early 2025 suggests strategic planning to enhance future results, likely boosting investor confidence.
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