Piedmont Lithium Corporate Update

• Completion of redomiciling as U.S. company
• Scoping update for Carolina Lithium shows increase in potential hydroxide production capacity
  • Establishment of a single integrated Gaston County manufacturing campus
  • Definitive Feasibility Study (DFS) to be completed in H2 2021
  • Formal permitting and approval processes underway
• Geographical resource expansion to help create multi-asset company
  • Poised to acquire North American Lithium via our investment in Sayona Quebec
  • IronRidge Resources earn in creates future LiOH scale-up potential
• Cash balance ~$143 million on June 30, 2021
• Release of new Corporate Presentation

A Message from Keith Phillips, President and CEO
“Piedmont is positioned to become a leading producer of lithium hydroxide while positively impacting the communities in which we operate by creating jobs, attracting other EV supply chain participants, increasing the tax base, and broadly supporting other local small businesses.  Through direct investment and contracted offtake, we control a significant quantity of potential spodumene concentrate production in three critical locations.  We believe spodumene is the preferred feedstock for the EV supply chain and that ‘owning the resource’ is the key to value creation in the lithium industry.  We look forward to constructively engaging in the permitting and approval process for Carolina Lithium and driving further value for our shareholders by advancing the Quebec and Ghana projects toward development decisions.”

For more detailed information and to view our full release click here.

To view the new Corporate Presentation click here.

For further information, contact:

Keith D. Phillips | President & CEO                            
T: +1 973 809 0505
E: [email protected]

Brian Risinger
VP – Investor Relations and Corporate Communications
T: +1 704 910 9688
E: [email protected]