Piedmont Lithium and Sayona Mining to merge, creating lithium powerhouse
The merger will form North America’s largest lithium producer with a $99 million financing plan, awaiting shareholder approval for a 2025 completion
Piedmont Lithium Inc., a significant North American supplier of lithium products for the US electric vehicle supply chain, has entered into a definitive agreement with Sayona Mining Ltd. to merge the two companies, creating a leading lithium business with Sayona becoming the parent entity, termed MergeCo.
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