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Piedmont Lithium Limited (ASX:PLL)

ALERT: Price-sensitive ASX Announcement for PLL
Current share price for PLL : $0.140 0.03 (27.27%)+
Announcement
Release
24 Apr 2025 8:15AM
Price at Release
$0.110
Full Release
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Summary
Piedmont Lithium Inc. announced the final results from its 2024 drilling program at the North American Lithium (NAL) project, which is jointly owned with Sayona Mining Limited. The program, conducted from February to December 2024, aimed at enhancing the existing Mineral Resource Estimate (MRE) and identifying additional mineralization. The positive results support plans for a potential brownfield expansion and increased production capacity to meet the rising demand for lithium, positioning NAL as a key asset in Piedmont's portfolio.
Key Points
  • Piedmont Lithium announced final results from the NAL 2024 drilling program.
  • The NAL project is North America's largest producing spodumene mine.
  • The drilling program aimed to enhance the existing Mineral Resource Estimate.
  • Results support potential brownfield expansion at NAL.
  • Piedmont's goal is to increase production capacity to meet global lithium demand.
  • Keith Phillips, CEO, emphasized the importance of NAL in the company's portfolio.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.