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Piedmont receives all federal permits to build lithium hydroxide plant in the U.S.

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Image credit: Piedmont Lithium.

(Kitco News) - Piedmont Lithium (Nasdaq: PLL) announced today that it has received the air permit to construct and operate the company’s planned 22,700 t/y lithium hydroxide chemical plant located in Kings Mountain, North Carolina.

The permit was granted by the North Carolina Department of Environmental Quality Division of Air Quality.

Receipt of the construction and operations air permit for the company’s planned chemical plant represents a significant milestone in the development of Piedmont’s proposed integrated lithium hydroxide business in North Carolina.

Piedmont now holds all of the federally-regulated permits required for the construction of the integrated project.

The company expects to apply for a North Carolina state mining permit and to complete local rezoning processes for the integrated project in the first half of 2021.

President and CEO Keith D. Phillips commented: “Securing our Title V Air Permit represents a major milestone for our integrated lithium hydroxide business, and we are very pleased to have received this authorization. Our project is unique in being the only spodumene-to-hydroxide project in the United States, and together with our previously received federal permit for our concentrate operations now also stands out as the most advanced American lithium project. We are very excited about the important milestones ahead of us as we look to deliver a DFS for a fully permitted integrated project next year.”

Piedmont Lithium is an emerging lithium chemicals company focused on the development of its 100%-owned Piedmont Lithium Project in North Carolina, with the goal of becoming a strategic domestic supplier of battery-grade lithium hydroxide and other chemicals to the growing electric vehicle and battery storage markets in the United States.

Piedmont has a binding lithium sales agreement with Tesla with first shipments aimed at 2022-23.

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