An update from Piedmont Lithium ( (PLL) ) is now available.
Piedmont Lithium Inc. reported a significant increase in its Q3 2024 operations, shipping 31,500 dry metric tons of spodumene concentrate, with a record production of 52,141 dmt, marking a 5% rise from the previous quarter. The North American Lithium operation, jointly owned with Sayona Mining, achieved a remarkable 91% mill utilization and 67% lithium recovery, leading to improved operational cost efficiency. The company anticipates further growth with adjusted shipment targets, bolstered by NAL’s status as the largest spodumene mine in North America.
For a thorough assessment of PLL stock, go to TipRanks’ Stock Analysis page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
