PIEDMONT LITHIUM RELEASES 2021 ANNUAL REPORT
Entitled, Our World Looks Positively Electric, the report reviews Piedmont’s financial performance, strategic initiatives, key milestones, and the rapidly evolving macroeconomic factors that are helping position the company for future success.
“It’s been a whirlwind of a year,” said Piedmont President and CEO, Keith Phillips.” We officially redomiciled from Australia to become a U.S. incorporated company, which expanded our access to the largest capital market in the world. Our team expanded 6-fold as we added some of the most talented and experienced professionals in the lithium processing industry across our management, operations, and technical teams. At the same time, we began our evolution to a multi-asset company as we expanded our access to lithium resources in Quebec and Ghana, to complement our flagship Carolina Lithium project. We recognize that sourcing diversification is the key to business optimization, especially when it comes to the production of lithium hydroxide for high energy density, high range, lithium-ion batteries. A company with a critical mass of raw materials, and the ability to cost effectively and sustainably convert those materials to battery grade lithium hydroxide, is well-positioned to serve the fast-growing North American EV market, while returning increasing value to shareholders. That’s our sole focus.”
The Annual Report can be found at: https://piedmontlithium.com/wp-content/uploads/Piedmont-Lithium-Annual-Report-2021-Final.pdf
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]
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