Piedmont Lithium Reports Record Q3 2024 Production Growth
Company Announcements

Piedmont Lithium Reports Record Q3 2024 Production Growth

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.

Related Articles
Austin AngeloPLL Earnings this Week: How Will it Perform?
TheFlyPiedmont Lithium call volume above normal and directionally bullish
TheFlyPiedmont Lithium price target raised to $9 from $8.50 at BMO Capital
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App