PIEDMONT COMPLETES BANKABLE FEASIBILITY STUDY OF THE CAROLINA LITHIUM PROJECT WITH POSITIVE RESULTS
PIEDMONT COMPLETES BANKABLE FEASIBILITY STUDY OF THE CAROLINA LITHIUM PROJECT WITH POSITIVE RESULTS BANKABLE FEASIBILITY STUDY HIGHLIGHTS NPV (after tax) of US$2.0 billion and post-tax IRR of 27% Assumes a fixed price of $18,000/t for battery quality lithium hydroxide versus current spot price of >$30,000/t BFS estimates annual steady-state EBITDA of $459 million over the first 10 years of operations Steady-state LiOH cash costs projected to be $3,657/t for the first 10 years among the...
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