Piedmont commits to funding Atlantic Lithium’s Ghana project, acquires 22.5% stake
Piedmont said it will provide a further $70 million toward the Ewoyaa development capital to acquire a total 50% stake.
Piedmont said it will provide a further $70 million toward the Ewoyaa development capital to acquire a total 50% stake.
The Adelaide-based miner and Tesla failed to clinch a pact after nearly seven months of negotiations last year.
Stellantis CEO called the Controlled Thermal partnership "an important step in our care for our customers and our planet as we work to provide clean, safe and affordable mobility."
The miner posted a net profit of $580.3 million for the three months ended June.
Its platform can extract lithium from previously-inaccessible reserves and also create products across sectors, including health care.
The court found that its January 2021 agreement to buy 85% of Orion's royalty on Thacker Pass was binding and enforceable.
Canmax had moved to terminate the deal in June after Premier failed to start delivering the lithium concentrate as promised.
Bidding for the exploration contracts is scheduled to take place early next year.
The Greentech plant has also made significant progress towards reaching its designed recovery rates.
The updated resource is a culmination of two drilling campaigns conducted on the project since early 2022.