Piedmont reports strong Q4 results, advances Sayona merger

Nasdaq- and ASX-listed Piedmont Lithium has reported its financial results for the fourth quarter and full year of 2024, highlighting strong production performance and ongoing strategic growth initiatives. During the fourth quarter, Piedmont shipped 55 700 dry metric tons (dmt) of spodumene concentrate, generating $45.6 million in revenue. The company achieved a realised price of $818/dmt, outperforming industry peers. Looking ahead, Piedmont expects to ship between 113 000 dmt and 130 000 dmt in 2025, with shipments structured to minimise downside risks.

Feb 21, 2025 - 15:22
 0
Piedmont reports strong Q4 results, advances Sayona merger
Nasdaq- and ASX-listed Piedmont Lithium has reported its financial results for the fourth quarter and full year of 2024, highlighting strong production performance and ongoing strategic growth initiatives. During the fourth quarter, Piedmont shipped 55 700 dry metric tons (dmt) of spodumene concentrate, generating $45.6 million in revenue. The company achieved a realised price of $818/dmt, outperforming industry peers. Looking ahead, Piedmont expects to ship between 113 000 dmt and 130 000 dmt in 2025, with shipments structured to minimise downside risks.