Piedmont Lithium Stock Price, News & Analysis

Piedmont Lithium Inc. (ticker: PLL) historically traded on the Nasdaq and the Australian Securities Exchange and operated in the mining and natural resources sector. According to company disclosures, Piedmont focused on developing a multi-asset, integrated lithium business aimed at supplying lithium products that are critical to the electric vehicle and battery manufacturing supply chains in North America. The company described its strategy as enabling the transition to a net zero world and supporting the creation of a clean energy economy in North America.

Company statements explain that Piedmont sought to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets in which it held an economic interest. Its project portfolio, as described in multiple press releases, included the Carolina Lithium project in the United States and partnerships in Quebec with Sayona Mining and in Ghana with Atlantic Lithium. Piedmont indicated that these geographically diversified operations were intended to support America’s move toward energy independence and the electrification of transportation and energy storage.

Piedmont also highlighted its role as a North American supplier of lithium products to the U.S. electric vehicle supply chain. Through an offtake agreement with Sayona Quebec Inc., which includes the North American Lithium (NAL) operation in Quebec, Piedmont reported the right to purchase a significant portion of NAL’s spodumene concentrate production. Company updates described NAL as North America’s largest producing spodumene mine and noted Piedmont’s ownership interest in Sayona Quebec.

In addition to its core project and partnership portfolio, Piedmont disclosed investment activity in other lithium-focused companies. For example, the company reported that a wholly owned subsidiary, Piedmont Lithium Newfoundland Holdings LLC, beneficially owned a minority stake in Vinland Lithium Inc., a company whose shares trade on the TSX Venture Exchange. Piedmont stated that this investment was made for general investment purposes.

A major corporate development for Piedmont occurred through a merger transaction with Sayona Mining Limited. An Agreement and Plan of Merger dated November 18, 2024 (as later amended) provided for Shock MergeCo Inc., a wholly owned subsidiary of Sayona, to merge with and into Piedmont. Company news releases and SEC filings state that this merger closed on August 29, 2025, with Piedmont continuing as the surviving company and becoming a wholly owned subsidiary of Sayona. Following completion of the merger, the combined business was described in company communications as Elevra Lithium, bringing together complementary hard-rock lithium assets.

As a result of the merger, Piedmont’s common stock and Chess Depositary Interests were delisted from the Nasdaq and the Australian Securities Exchange. A Form 25 filed on August 29, 2025, reported the removal of Piedmont’s common stock from listing and registration on the Nasdaq Stock Market LLC. A subsequent Form 15, filed on September 9, 2025, certified the termination of registration of Piedmont’s common stock under Section 12(g) of the Securities Exchange Act of 1934 and the suspension of its duty to file periodic reports under Sections 13 and 15(d). These filings indicate that PLL no longer trades as an independent listed equity security on Nasdaq.

For investors researching PLL today, the ticker primarily represents the historical public listing of Piedmont Lithium Inc. prior to its acquisition by Sayona Mining Limited and the formation of Elevra Lithium. The company’s historical disclosures emphasize its focus on lithium resource development, spodumene concentrate offtake, and integrated lithium hydroxide production aimed at serving electric vehicle and stationary storage supply chains in North America.

Business focus and project portfolio

According to repeated "About Piedmont" sections in its press releases, Piedmont’s business model centered on:

• Developing a multi-asset, integrated lithium business.
• Processing spodumene concentrate from assets where it held an economic interest to produce lithium hydroxide.
• Supporting the transition to a net zero world and a clean energy economy in North America.
• Supplying lithium products critical to the U.S. electric vehicle and energy storage supply chains.

The company identified several key projects and relationships:

• Carolina Lithium project (United States) – Piedmont described this as a project for which it was pursuing permits, including an air permit application that would allow for lithium hydroxide production and a North Carolina General Stormwater permit.
• North American Lithium (NAL) in Quebec – Through its interest in Sayona Quebec and an offtake agreement, Piedmont reported shipments of spodumene concentrate from NAL to its own customers. Company releases described NAL as North America’s largest producing spodumene mine.
• Ewoyaa Lithium Project (Ghana) – A joint venture with Atlantic Lithium, where Piedmont noted progress such as a Water Use Permit and ongoing negotiations related to a mining lease.
• Investment in Vinland Lithium Inc. – A disclosed equity stake held via a wholly owned subsidiary, reflecting Piedmont’s broader interest in lithium-related assets.

Corporate transformation and trading status

SEC filings and company news provide detailed information on the corporate transformation of Piedmont Lithium Inc. On August 29, 2025, the merger of Shock MergeCo Inc. with and into Piedmont became effective, with Piedmont surviving as a wholly owned subsidiary of Sayona Mining Limited. At the effective time of the merger, each eligible share of Piedmont common stock and each Piedmont CHESS Depositary Interest was converted into the right to receive Sayona ordinary shares or American Depositary Shares representing Sayona ordinary shares, in the exchange ratios described in the merger documentation and related press releases.

In connection with the closing of the merger, Piedmont notified Nasdaq of the consummation of the transaction and requested delisting of its common stock. Trading in Piedmont common stock on Nasdaq was suspended prior to the opening of trading on September 2, 2025. Form 25 reported the removal of the class of securities from listing and registration, and Form 15 later terminated registration and suspended reporting obligations. These steps mean that PLL functions as a historical ticker for research into Piedmont’s prior public-company period rather than an actively traded listing.

Historical context for investors

For users examining PLL on a historical basis, key points from company disclosures include Piedmont’s emphasis on lithium hydroxide production from spodumene concentrate, its role as a supplier to the U.S. electric vehicle supply chain, and its portfolio of projects and partnerships in the United States, Canada, and Ghana. The subsequent merger with Sayona Mining Limited and the formation of Elevra Lithium represent a significant corporate milestone, after which Piedmont operates as part of a larger combined hard-rock lithium platform rather than as an independent listed company.