Piedmont Lithium Completes Merger with Sayona Mining, Forms Elevra Lithium
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Piedmont Lithium Inc. has successfully merged with Sayona Mining Limited, forming Elevra Lithium, one of the largest hard-rock lithium platforms. This merger, approved by shareholders, aims to meet the rising demand for lithium in the global energy transition. Following the merger, Piedmont’s common stock will be delisted from Nasdaq and the Australian Securities Exchange. CEO Keith Phillips emphasized the strategic advantages of the merger, enhancing Elevra's position in the EV and stationary storage supply chains.
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