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11 Jan
11:50

LITHIUM: Piedmont Lithium, Sayona Mining ink partnership, supply deal

Australia-listed companies Piedmont Lithium and Sayona Mining said Monday they have entered a partnership and inked a spodumene concentrate supply agreement, Kallanish reports. Under the deal, Piedmont will invest as much as $12 million to acquire a 19.9% stake in Sayona Mining and a 25% share in Sayona’s 100%-owned Quebec subsidiary, Sayona Quebec. Piedmont will appoint one director to Sayona’s board of directors after the acquisitions. The Canadian…
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