Piedmont Lithium Surges 36% After Winning Permit for North Carolina Mining Project

seekingalpha04-15

Piedmont Lithium in morning trading Monday after saying it received a long-delayed permit for the construction and operation of its proposed Carolina Lithium project from North Carolina regulators.The...

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The North Carolina Department of Environmental Quality's Division of Energy, Mineral and Land Resources provided the permit approval following a review of the application submitted by Piedmont  in 2021.  The proposed mine, which is expected to produce 30K metric tons/year of lithium hydroxide, has been slowed by regulatory hurdles after local residents raised objections over the project's environmental impact. \"Technical studies have demonstrated that Carolina Lithium could be a low-cost producer of spodumene concentrate and lithium hydroxide, benefitting from exceptional infrastructure, minimal transportation distances, low energy costs, a deep local talent pool, and proximity to cathode and battery customers,\" the company said.  More on Piedmont Lithium  Piedmont Lithium: Solid Prospect Wi","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4168":"多种金属与采矿","BK7095":"多种金属与采矿","BK7507":"资源股","BK7504":"锂钴概念","PLL":"Piedmont Lithium Ltd"},"translate_title":"皮埃蒙特锂在获得北卡罗来纳州采矿项目许可后飙升36%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLL":1.1},"content_text":"Piedmont Lithium in morning trading Monday after saying it received a long-delayed permit for the construction and operation of its proposed Carolina Lithium project from North Carolina regulators.The North Carolina Department of Environmental Quality's Division of Energy, Mineral and Land Resources provided the permit approval following a review of the application submitted by Piedmont (PLL) in 2021.The proposed mine, which is expected to produce 30K metric tons/year of lithium hydroxide, has been slowed by regulatory hurdles after local residents raised objections over the project's environmental impact.\"Technical studies have demonstrated that Carolina Lithium could be a low-cost producer of spodumene concentrate and lithium hydroxide, benefitting from exceptional infrastructure, minimal transportation distances, low energy costs, a deep local talent pool, and proximity to cathode and battery customers,\" the company said.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2427807102"}