Piedmont Lithium's shares surge 18% after permit for North Carolina mine construction.
US lithium mining company Piedmont Lithium's shares surged by over 18% following a permit allowing construction of its North Carolina mine. The permit marks a milestone in the development of Piedmont Lithium's North Carolina operation, which is expected to supply lithium for the rapidly growing electric vehicle market. The company aims to develop Carolina Lithium as one of the world's lowest-cost, most sustainable lithium hydroxide operations, contributing billions of dollars of economic output and several hundred jobs to the region.
April 15, 2024
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