cclayton@piedmontlithium.com

Belmont, North Carolina, June 13, 2023 – Piedmont Lithium Inc. (“Piedmont” or “Company”) (Nasdaq:PLL; ASX:PLL), a developer of lithium resources critical to the U.S. electric vehicle supply chain, is pleased to announce the results of its annual meeting of stockholders held virtually on June 13, 2023 (the “Meeting”), at which the stockholders approved all proposals put forward by the Company.

The two director nominees named in the Company’s proxy statement dated April 28, 2023 (the “Proxy Statement”) were elected to serve until the 2026 Annual Meeting of Stockholders and until their successors are duly elected and qualified. Additionally, the other proposals, as outlined in the Proxy Statement, were approved by the affirmative vote of at least a majority of the voting power of shares of common stock present or represented at the Meeting and entitled to vote on the proposal.

Voting results are provided in the tables that follow. All resolutions were decided by a poll. The information required by ASX Listing Rule 3.13.2 is contained in the Appendix to this announcement.

1. Election of the two Class III director nominees to serve until the 2026 Annual Meeting of Stockholders and until their successors are duly elected and qualified (Proposal 1):

Director Nominee	Votes For	Votes Withheld	Broker Non-Votes
Mr. Jeff Armstrong	5,999,611	1,039,337	4,622,041
Ms. Christina Alvord	6,979,247	59,701	4,622,041

2. Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023 (Proposal 2):

Votes For	Votes Against	Abstentions	Broker Non-Votes
11,526,095	116,514	18,380	0

3. Approval of, on an advisory basis, the compensation of the Company’s named executive officers (Proposal 3):

Votes For	Votes Against	Abstentions	Broker Non-Votes
4,227,263	2,734,575	77,110	4,622,041

4. Approval of the grant of up to 29,890 stock options to Mr. Keith Phillips (Proposal 4):

Votes For	Votes Against	Abstentions	Broker Non-Votes
4,056,106	2,737,169	245,673	4,622,041

5. Approval of the grant of up to 13,260 restricted stock units to Mr. Keith Phillips (Proposal 5):

Votes For	Votes Against	Abstentions	Broker Non-Votes
4,074,235	2,719,493	245,220	4,622,041

6. Approval of the grant of up to 53,034 performance stock units to Mr. Keith Phillips (Proposal 6):

Votes For	Votes Against	Abstentions	Broker Non-Votes
4,046,410	2,746,760	245,778	4,622,041

7. Approval of the grant of up to 2,879 restricted stock units to Mr. Jeff Armstrong (Proposal 7):

Votes For	Votes Against	Abstentions	Broker Non-Votes
6,186,988	606,562	245,398	4,622,041

8. Approval of the grant of up to 1,591 restricted stock units to Ms. Christina Alvord (Proposal 8):

Votes For	Votes Against	Abstentions	Broker Non-Votes
6,193,507	601,148	244,293	4,622,041

9. Approval of the grant of up to 1,591 restricted stock units to Mr. Jorge Beristain (Proposal 9):

Votes For	Votes Against	Abstentions	Broker Non-Votes
6,187,928	604,922	246,098	4,622,041

10. Approval of the grant of up to 1,591 restricted stock units to Mr. Michael Bless (Proposal 10):

Votes For	Votes Against	Abstentions	Broker Non-Votes
6,186,202	606,391	246,355	4,622,041

11. Approval of the grant of up to 1,591 restricted stock units to Mr. Claude Demby (Proposal 11):

Votes For	Votes Against	Abstentions	Broker Non-Votes
6,187,347	605,465	246,136	4,622,041

About Piedmont Lithium

Piedmont Lithium (Nasdaq:PLL; ASX:PLL) is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and the creation of a clean energy economy in North America. Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest. Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX:SYA) and in Ghana with Atlantic Lithium (AIM:ALL; ASX:A11). These geographically diversified operations will enable us to play a pivotal role in supporting America’s move toward energy independence and the electrification of transportation and energy storage. For more information, follow us on Twitter @PiedmontLithium and visit www.piedmontlithium.com.

Appendix – Results of Piedmont Lithium Inc.’s 2023 Annual Meeting of Stockholders – 13 June 2023

The following information is provided in accordance with ASX Listing Rule 3.13.2:

Resolution	Number of Valid Proxy Votes Received Before the Meeting			Number and Percentage of Votes on the Poll		Result
	For	Withheld	Proxy’s Discretion	For	Withheld
1.a. Election of Mr. Jeff Armstrong	5,999,551	1,039,337	Nil	5,999,611 85.23%	1,039,337 14.77%	Elected
1.b. Election of Ms. Christina Alvord	6,979,187	59,701	Nil	6,979,247 99.15%	59,701 0.85%	Elected

Resolution	Number of Valid Proxy Votes Received Before the Meeting				Number and Percentage of Votes on the Poll			Result
	For	Against	Abstain	Proxy’s Discretion	For	Against	Abstain
2. Ratification of the appointment of Deloitte & Touche LLP for the year ending December 31, 2023	11,526,035	116,514	18,380	Nil	11,526,095 98.84%	116,514 1.00%	18,380 0.16%	Approved
3. Approval of, on an advisory basis, the compensation of the Company’s named executive officers	4,227,203	2,734,575	77,110	Nil	4,227,263 60.06%	2,734,575 38.85%	77,110 1.10%	Approved
4. Approval of the grant of up to 29,890 stock options to Mr. Keith Phillips	4,056,046	2,737,169	245,673	Nil	4,056,106 57.62%	2,737,169 38.89%	245,673 3.49%	Approved
5. Approval of the grant of up to 13,260 restricted stock units to Mr. Keith Phillips	4,074,175	2,719,493	245,220	Nil	4,074,235 57.88%	2,719,493 38.63%	245,220 3.48%	Approved
6. Approval of the grant of up to 53,034 performance stock units to Mr. Keith Phillips	4,046,350	2,746,760	245,778	Nil	4,046,410 57.49%	2,746,760 39.02%	245,778 3.49%	Approved
7. Approval of the grant of up to 2,879 restricted stock units to Mr. Jeff Armstrong	6,186,928	606,562	245,398	Nil	6,186,988 87.90%	606,562 8.62%	245,398 3.49%	Approved
8. Approval of the grant of up to 1,591 restricted stock units to Ms. Christina Alvord	6,193,447	601,148	244,293	Nil	6,193,507 87.99%	601,148 8.54%	244,293 3.47%	Approved
9. Approval of the grant of up to 1,591 restricted stock units to Mr. Jorge Beristain	6,187,868	604,922	246,098	Nil	6,187,928 87.91%	604,922 8.59%	246,098 3.50%	Approved
10. Approval of the grant of up to 1,591 restricted stock units to Mr. Michael Bless	6,186,142	606,391	246,355	Nil	6,186,202 87.89%	606,391 8.61%	246,355 3.50%	Approved
11. Approval of the grant of up to 1,591 restricted stock units to Mr. Claude Demby	6,187,287	605,465	246,136	Nil	6,187,347 87.90%	605,465 8.60%	246,136 3.50%	Approved

Belmont, North Carolina, June 1, 2023 – Piedmont Lithium Inc. (“Piedmont” or “Company”) (Nasdaq:PLL; ASX:PLL), a developer of lithium resources critical to the U.S. electric vehicle supply chain, today announced executive participation in the following industry conferences in June:

• KeyBanc 2023 Industrials & Basic Materials Conference – Boston, MA, June 1
• TD Cowen Sustainability Week – virtual, June 6
• Clarksons Battery Value Chain Conference – virtual, June 6
• Benchmark Battery Gigafactories USA – Washington, D.C., June 8-9
• Bank of America Virtual Lithium Day – virtual, June 13
• Evercore ISI Global Clean Energy & Transition Technologies Summit – New York, NY, June 15-16
• Fastmarkets Lithium Supply and Battery Raw Materials Americas – Las Vegas, NV, June 20-22
• J.P. Morgan Energy, Power & Renewables Conference – New York, NY, June 21-22
• TD Cowen NDR – Europe – London, Paris, Switzerland, June 27-29
• Canaccord Toronto Lithium Day – Toronto, Canada, June 27

“We are advancing across our global portfolio of projects to supply critical lithium resources to the U.S. battery and manufacturing supply chains, and we are looking forward to sharing our progress with the industry and investors this month,” said Piedmont Chief Executive Officer Keith Phillips. “First commercial shipments and revenue generation from North American Lithium are nearing, as is a DFS for the Ewoyaa Lithium Project. Meanwhile, permitting is progressing at both Tennessee Lithium and Carolina Lithium.”

Piedmont’s global portfolio of projects includes the following targets, subject to permitting, approvals, and financing:

• Quebec: first commercial shipment of spodumene concentrate from Sayona Quebec’s North American Lithium – Q3 2023
• Ghana: spodumene concentrate production at Atlantic Lithium’s Ewoyaa Lithium Project – 2025
• Tennessee Lithium: lithium hydroxide production from spodumene concentrate sourced from our international investments – 2026
• Carolina Lithium: integrated spodumene concentrate and lithium hydroxide production – 2027

About Piedmont Lithium

Piedmont Lithium (Nasdaq:PLL; ASX:PLL) is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and the creation of a clean energy economy in North America. Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest. Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX:SYA) and in Ghana with Atlantic Lithium (AIM:ALL; ASX:A11). These geographically diversified operations will enable us to play a pivotal role in supporting America’s move toward energy independence and the electrification of transportation and energy storage. For more information, follow us on Twitter @PiedmontLithium and visit www.piedmontlithium.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of or as described in securities legislation in the United States and Australia, including statements regarding exploration, development, and construction activities of Sayona Mining, Atlantic Lithium and Piedmont; current plans for Piedmont’s mineral and chemical processing projects; strategy; and strategy. Such forward-looking statements involve substantial and known and unknown risks, uncertainties, and other risk factors, many of which are beyond our control, and which may cause actual timing of events, results, performance or achievements and other factors to be materially different from the future timing of events, results, performance, or achievements expressed or implied by the forward-looking statements. Such risk factors include, among others: (i) that Piedmont, Sayona Mining, or Atlantic Lithium will be unable to commercially extract mineral deposits, (ii) that Piedmont’s, Sayona Mining’s or Atlantic Lithium’s properties may not contain expected reserves, (iii) risks and hazards inherent in the mining business (including risks inherent in exploring, developing, constructing and operating mining projects, environmental hazards, industrial accidents, weather or geologically related conditions), (iv) uncertainty about Piedmont’s ability to obtain required capital to execute its business plan, (v) Piedmont’s ability to hire and retain required personnel, (vi) changes in the market prices of lithium and lithium products, (vii) changes in technology or the development of substitute products, (viii) the uncertainties inherent in exploratory, developmental and production activities, including risks relating to permitting, zoning and regulatory delays related to our projects as well as the projects of our partners in Quebec and Ghana, (ix) uncertainties inherent in the estimation of lithium resources, (x) risks related to competition, (xi) risks related to the information, data and projections related to Sayona Mining or Atlantic Lithium, (xii) occurrences and outcomes of claims, litigation and regulatory actions, investigations and proceedings, (xiii) risks regarding our ability to achieve profitability, enter into and deliver product under supply agreements on favorable terms, our ability to obtain sufficient financing to develop and construct our projects, our ability to comply with governmental regulations and our ability to obtain necessary permits, and (xiv) other uncertainties and risk factors set out in filings made from time to time with the U.S. Securities and Exchange Commission (“SEC”) and the Australian Securities Exchange, including Piedmont’s most recent filings with the SEC. The forward-looking statements, projections and estimates are given only as of the date of this press release and actual events, results, performance, and achievements could vary significantly from the forward-looking statements, projections and estimates presented in this press release. Readers are cautioned not to put undue reliance on forward-looking statements. Piedmont disclaims any intent or obligation to update publicly such forward-looking statements, projections, and estimates, whether as a result of new information, future events or otherwise. Additionally, Piedmont, except as required by applicable law, undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Piedmont, its financial or operating results or its securities.

Belmont, North Carolina, May 23, 2023 – Piedmont Lithium Inc. (“Piedmont” or “Company”) (Nasdaq:PLL; ASX:PLL), a developer of lithium resources critical to the U.S. electric vehicle supply chain, today announced three Tennessee students as scholars of the Piedmont Lithium Foundation – Power for Life, Inc. (“Power for Life”).

Bradley Farmer of Central High School of McMinn County, Wesley (“Alex”) Gaskins of Central High School of McMinn County, and Logan Smith of the University of Tennessee at Chattanooga (“UTC”) were selected to receive up to $20,000 to help further their pursuit of their education related to science, technology, engineering, and mathematics (“STEM”). The recipients are eligible to receive up to $5,000 per year for four consecutive years to assist with tuition, room, and board expenses at an accredited post-secondary institution.

“We couldn’t be more pleased to recognize these outstanding students with scholarships,” said Kris McVey, Executive Vice President and Chief Administrative Officer of Piedmont and President of Power for Life. “We were impressed by Bradley, Alex, and Logan because they have excelled academically while demonstrating a keen commitment to their communities. We believe the future is bright for these students, and we look forward to supporting the next chapters in their academic careers.”

Farmer, who recently graduated as co-valedictorian of Central High School of McMinn County, is planning to attend the University of Tennessee, Knoxville to earn a degree in mechanical engineering. Throughout high school, he worked with his uncle in the automobile industry, which sparked his passion for understanding machines. Farmer enjoys problem-solving and seeks to develop technological advancements to help build a better world.

Central High School of McMinn County student Bradley Farmer (left), University of Tennessee at Chattanooga student Logan Smith (middle), and Central High School of McMinn County student Alex Gaskins (right) are the 2023 Tennessee Piedmont Lithium Power for Life scholars.

Gaskins recently graduated as co-valedictorian of Central High School of McMinn County, where he served as captain of the golf team and manager of the varsity boys basketball team. Civically, Gaskins has been actively involved in Zion Hill Baptist Church and Boy Scouts of America. Gaskins plans to attend Tennessee Tech University to earn a degree in chemical engineering and advance research efforts in renewable sources of energy.

Smith, a student at UTC, plans to utilize the scholarship to complete his bachelor’s degree in mechatronics engineering technology, which integrates mechanical, electrical, and electronic engineering. In 2018, Smith earned county wide recognition as the APEX CTE Student of the Year. He subsequently graduated from Central High School of McMinn County with honors of distinction as a Tennessee Ready Graduate and a Work Ethic Diploma recipient. He later earned an associate degree and worked as a DENSO Co-Op for two years, gaining practical experience, while maintaining involvement in his community.

Piedmont launched Power for Life earlier this year to focus on important charitable and educational initiatives to support the communities in which Piedmont expects to operate in North Carolina and Tennessee.  Power for Life supports various philanthropic efforts and organizations in the communities, including sponsoring STEM initiatives within local K-12 and post-secondary educational institutions as well as scholarships for current and future STEM students. In addition to Farmer, Gaskins, and Smith, Power for Life also selected three scholarship recipients from North Carolina as part of its 2023 scholarship program: Michael Jones, Riley Kiser, and Ella Tynan.

For more information on Power for Life, email foundation@piedmontlithium.com or visit us online by clicking here.

About Piedmont Lithium 

Piedmont Lithium (Nasdaq:PLL; ASX:PLL) is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and the creation of a clean energy economy in North America. Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest. Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX:SYA) and in Ghana with Atlantic Lithium (AIM:ALL; ASX:A11). These geographically diversified operations will enable us to play a pivotal role in supporting America’s move toward energy independence and the electrification of transportation and energy storage. For more information, follow us on Twitter @PiedmontLithium and visit www.piedmontlithium.com.

Belmont, North Carolina, May 23, 2023 – Piedmont Lithium Inc. (“Piedmont” or “Company”) (Nasdaq:PLL; ASX:PLL), a developer of lithium resources critical to the U.S. electric vehicle supply chain, today announced three North Carolina students as scholarship recipients from the Piedmont Lithium Foundation – Power for Life, Inc. (“Power for Life”).

Michael Jones of Highland School of Technology, Riley Kiser of Cherryville High School, and Ella Tynan of South Point High School were selected to receive up to $20,000 to help further their pursuit of their education related to science, technology, engineering, and mathematics (“STEM”). The recipients are eligible to receive up to $5,000 per year for four consecutive years to assist with tuition, room, and board expenses at an accredited post-secondary institution.

“We are thrilled to recognize these outstanding students with scholarships,” said Kris McVey, Executive Vice President and Chief Administrative Officer of Piedmont and President of Power for Life. “We were impressed by Michael, Riley, and Ella because they have excelled academically while demonstrating a keen commitment to their communities. We believe these students will ultimately make significant contributions in STEM, and we look forward to supporting the next chapter of their academic careers.”

Michael Jones

Jones is on track to graduate from Highland School of Technology in June and is already certified in AutoCAD and AutoDesk Inventor. He is an active member of the nationally accredited Technology Student Association (TSA) and the school’s Animatronics Team, which placed first in the state’s TSA conference in 2022. In addition to excelling academically, Jones played soccer throughout high school and is currently leading the varsity soccer team as captain. Jones plans to pursue a degree in mechanical engineering at North Carolina State University and, ultimately, a career in manufacturing.

Riley Kiser

Kiser, a student at Cherryville High School, has a profound interest in supporting ecological conservation and sustainability initiatives. She immersed herself in STEM education beginning in early childhood and continued challenging herself with AP science classes throughout high school. Kiser plans to attend Appalachian State University to study environmental science with a concentration in life sciences. She is passionate about education, exploring environmental stewardship, and advocating for women and girls in STEM.

Ella Tynan

Tynan currently attends South Point High School and is planning to study chemistry at Appalachian State University. Her interest in STEM began in sixth grade when she joined TSA; it flourished throughout high school in her roles at Eliminate the Digital Divide and the Center for Digital Equity, where she helped bridge gaps between those with and without access to technology. Tynan also has aided local conservation efforts by serving on the board of Keep Belmont Beautiful. In college, she plans to explore environmental research focused on conserving and generating renewable energy.

For more information on Power for Life, email foundation@piedmontlithium.com or visit us online by clicking here.

About Piedmont Lithium 

Piedmont Lithium (Nasdaq:PLL; ASX:PLL) is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and the creation of a clean energy economy in North America. Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest. Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX:SYA) and in Ghana with Atlantic Lithium (AIM:ALL; ASX:A11). These geographically diversified operations will enable us to play a pivotal role in supporting America’s move toward energy independence and the electrification of transportation and energy storage. For more information, follow us on Twitter @PiedmontLithium and visit www.piedmontlithium.com.

NAL production restart, first shipments to Tesla and LG Chem, near-term revenue potential among key topics

Belmont, North Carolina, May 2, 2023 – Piedmont Lithium Inc. (“Piedmont” or the “Company”) (Nasdaq:PLL; ASX:PLL), a leading global developer of lithium resources, announced executive participation in the following industry conferences in May:

• Macquarie Australia Conference – Sydney Australia, May 2-4
• Citi Energy & Climate Technology Conference – Boston, Massachusetts, May 9-10
• Society for Mining, Metallurgy & Exploration – New York, New York, May 9
• Canaccord Genuity Global Metals & Mining Conference – Palm Desert, California, May 10-12
• Deutsche Bank NDR – virtual, May 15
• Evercore Battery Metals Conference – New York, New York, May 17
• B. Riley 23^rd Annual Institutional Investor Conference – Beverly Hills, California, May 24-25
• KeyBanc 2023 Industrials & Basic Materials Conference – Boston, Massachusetts, May 30-June 1

Piedmont President and Chief Executive Officer Keith Phillips said updating the industry and investors on Piedmont’s global portfolio of lithium projects is particularly timely given the Company’s potential for near-term revenue generation. “We are keenly focused on first commercial shipments from North American Lithium, targeted for Q3, and we look forward to bringing these lithium resources to the market through our offtake agreements with Tesla and LG Chem. We are pleased with the project economics demonstrated by the Tennessee Lithium definitive feasibility study as we advance toward a definitive feasibility study for the Ewoyaa Lithium Project and the permitting and approval process for Carolina Lithium.”

To view Piedmont’s updated corporate presentation, click here.

About Piedmont Lithium 

Piedmont Lithium (Nasdaq:PLL; ASX:PLL) is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and the creation of a clean energy economy in North America. Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest. Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX:SYA) and in Ghana with Atlantic Lithium (AIM:ALL; ASX:A11). These geographically diversified operations will enable us to play a pivotal role in supporting America’s move toward energy independence and the electrification of transportation and energy storage. For more information, follow us on Twitter @PiedmontLithium and visit www.piedmontlithium.com.

Piedmont Lithium Forward-Looking Statements

This press release contains forward-looking statements within the meaning of or as described in securities legislation in the United States and Australia, including statements regarding exploration, development, and construction activities of Sayona Mining, Atlantic Lithium and Piedmont; current plans for Piedmont’s mineral and chemical processing projects; strategy; and strategy. Such forward-looking statements involve substantial and known and unknown risks, uncertainties, and other risk factors, many of which are beyond our control, and which may cause actual timing of events, results, performance or achievements and other factors to be materially different from the future timing of events, results, performance, or achievements expressed or implied by the forward-looking statements. Such risk factors include, among others: (i) that Piedmont, Sayona Mining, or Atlantic Lithium will be unable to commercially extract mineral deposits, (ii) that Piedmont’s, Sayona Mining’s or Atlantic Lithium’s properties may not contain expected reserves, (iii) risks and hazards inherent in the mining business (including risks inherent in exploring, developing, constructing and operating mining projects, environmental hazards, industrial accidents, weather or geologically related conditions), (iv) uncertainty about Piedmont’s ability to obtain required capital to execute its business plan, (v) Piedmont’s ability to hire and retain required personnel, (vi) changes in the market prices of lithium and lithium products, (vii) changes in technology or the development of substitute products, (viii) the uncertainties inherent in exploratory, developmental and production activities, including risks relating to permitting, zoning and regulatory delays related to our projects as well as the projects of our partners in Quebec and Ghana, (ix) uncertainties inherent in the estimation of lithium resources, (x) risks related to competition, (xi) risks related to the information, data and projections related to Sayona Mining or Atlantic Lithium, (xii) occurrences and outcomes of claims, litigation and regulatory actions, investigations and proceedings, (xiii) risks regarding our ability to achieve profitability, enter into and deliver product under supply agreements on favorable terms, our ability to obtain sufficient financing to develop and construct our projects, our ability to comply with governmental regulations and our ability to obtain necessary permits, and (xiv) other uncertainties and risk factors set out in filings made from time to time with the U.S. Securities and Exchange Commission (“SEC”) and the Australian Securities Exchange, including Piedmont’s most recent filings with the SEC. The forward-looking statements, projections and estimates are given only as of the date of this press release and actual events, results, performance, and achievements could vary significantly from the forward-looking statements, projections and estimates presented in this press release. Readers are cautioned not to put undue reliance on forward-looking statements. Piedmont disclaims any intent or obligation to update publicly such forward-looking statements, projections, and estimates, whether as a result of new information, future events or otherwise. Additionally, Piedmont, except as required by applicable law, undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Piedmont, its financial or operating results or its securities.

• Definitive Feasibility Study of spodumene concentrate production at North American Lithium increases annual production targets in advance of first shipments to customers
• JORC and NI 43-101 compliant Measured & Indicated Mineral Resources at Moblan increased to 41.1 million metric tons @ 1.32% Li₂O at a cut-off grade of 0.55% Li₂O

Belmont, North Carolina, April 18, 2023 – Piedmont Lithium Inc. (“Piedmont” or the “Company”) (Nasdaq:PLL; ASX:PLL), a leading global developer of lithium resources, today announced that the Company’s joint venture partner, Sayona Mining (“Sayona”) (ASX:SYA), has released a definitive feasibility study (“DFS”) for the jointly-owned North American Lithium (“NAL”) project, and increased lithium mineral resources at its 60%-owned Moblan Lithium Project (“Moblan”), both in the province of Quebec. Piedmont holds a 25% stake in NAL and an equity interest of approximately 14% in Sayona. Sayona completed the technical studies for NAL and Moblan in accordance with both JORC Code and NI 43-101 requirements.

The NAL DFS contemplates increased annual spodumene concentrate production averaging 190,000 metric tons per year (“tpy”) over a 20-year mine life, with a target of 226,000 tpy in years one through four of steady state operations and approximately 186,000 tpy beginning in year five. The revised production targets, combined with higher spodumene concentrate pricing, resulted in an increase to the net present value for the NAL project compared to the prefeasibility study completed in 2022.

As part of the DFS and mine restart efforts, Sayona undertook a strategic review of mineral resources and ore reserves to create opportunities to focus on higher-grade, open-pit material and to improve project net present value. The revised block model has resulted in a reduction in ore reserves and certain Indicated Resources have been reclassified as Inferred Resources based on new model interpretation. The study contemplates a mine life of 20 years, reduced from the prefeasibility study estimate of 27 years, through the elimination of underground mining.

NAL is one of the projects of Sayona Quebec, a joint venture between Sayona (75%) and Piedmont (25%). Piedmont holds an offtake agreement with Sayona Quebec to purchase the greater of 113,000 tpy or 50% of the joint venture’s spodumene concentrate production. Piedmont subsequently has agreements with LG Chem and Tesla to provide spodumene concentrate from NAL beginning in H2 2023. Sayona Quebec is undertaking a prefeasibility study to explore downstream production at NAL and expects results in Q2 2023.

Separately, Sayona has announced a significant increase in mineral resources at its 60%-owned Moblan project in northern Quebec. Measured and Indicated Mineral Resources at Moblan now total 41.1 million metric tons @ 1.32% Li₂O using a 0.55% Li₂O cut-off grade, making Moblan one of North America’s most significant spodumene ore bodies.

Piedmont’s Chief Operating Officer Patrick Brindle said, “The results of the DFS underscore NAL’s role as a significant lithium producer positioned to meet the requirements of the Inflation Reduction Act of 2022. Production is ramping up at NAL, and we look forward to making initial shipments to our customers LG Chem and Tesla later in 2023. Further, we congratulate our partners at Sayona on the significant mineral resource expansion at their 60%-owned Moblan project. We are very pleased with our positions as Sayona’s joint venture partner in the Abitibi Hub lithium projects and as Sayona Mining’s largest shareholder. Quebec is an ideal location for lithium chemicals in the future, given the province’s abundant mineral resources, low-cost hydroelectricity, proximity to U.S. markets, and supportive provincial government.”

Cautionary Note to U.S. Investors

Piedmont’s public disclosures are governed by the U.S. Exchange Act of 1934, including Regulation S-K 1300 thereunder, whereas Sayona discloses estimates of “measured,” “indicated,” and “inferred” mineral resources as such terms are used in the JORC Code and Canada’s National Instrument 43-101. Although S-K 1300, the JORC Code, and NI 43-101 have similar goals in terms of conveying an appropriate level of confidence in the disclosures being reported, they at times embody different approaches or definitions. Consequently, investors are cautioned that public disclosures by Sayona prepared in accordance with the JORC Code or NI 43-101 may not be comparable to similar information made public by companies, including Piedmont, subject to S-K 1300 and the other reporting and disclosure requirements under the U.S. federal securities laws and the rules and regulations thereunder.

The statements in the link below were prepared by, and made by, Sayona. The following disclosures are not statements of Piedmont and have not been independently verified by Piedmont. Sayona Mining is not subject to U.S. reporting requirements or obligations, and investors are cautioned not to put undue reliance on these statements. Sayona’s original announcements can be found here and here.

About Piedmont Lithium 

Piedmont Lithium (Nasdaq:PLL; ASX:PLL) is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and the creation of a clean energy economy in North America. Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest. Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX:SYA) and in Ghana with Atlantic Lithium (AIM:ALL; ASX:A11). These geographically diversified operations will enable us to play a pivotal role in supporting America’s move toward energy independence and the electrification of transportation and energy storage. For more information, follow us on Twitter @PiedmontLithium and visit www.piedmontlithium.com.

Piedmont Lithium Forward-Looking Statements

This press release contains forward-looking statements within the meaning of or as described in securities legislation in the United States and Australia, including statements regarding exploration, development, and construction activities of Sayona Mining and Piedmont; current plans for Piedmont’s mineral and chemical processing projects; and strategy. Such forward-looking statements involve substantial and known and unknown risks, uncertainties, and other risk factors, many of which are beyond our control, and which may cause actual timing of events, results, performance or achievements and other factors to be materially different from the future timing of events, results, performance, or achievements expressed or implied by the forward-looking statements. Such risk factors include, among others: (i) that Piedmont or Sayona Mining will be unable to commercially extract mineral deposits or may experience delays in delivering any minerals extracted, (ii) that Piedmont’s or Sayona Mining’s properties may not contain expected reserves, (iii) risks and hazards inherent in the mining business (including risks inherent in exploring, developing, constructing and operating mining projects, environmental hazards, industrial accidents, weather or geologically related conditions), (iv) uncertainty about Piedmont’s ability to obtain required capital to execute its business plan, (v) Piedmont’s ability to hire and retain required personnel, (vi) changes in the market prices of lithium and lithium products, (vii) changes in technology or the development of substitute products, (viii) the uncertainties inherent in exploratory, developmental and production activities, including risks relating to permitting, zoning and regulatory delays related to Piedmont’s projects as well as the projects of Piedmont’s partners in Quebec and Ghana, (ix) uncertainties inherent in the estimation of lithium resources, (x) risks related to competition, (xi) risks related to the information, data and projections related to Sayona Mining, (xii) occurrences and outcomes of claims, litigation and regulatory actions, investigations and proceedings, (xiii) risks regarding Piedmont’s ability to achieve profitability, enter into and deliver product under supply agreements on favorable terms, Piedmont’s ability to obtain sufficient financing to develop and construct Piedmont’s projects, its ability to comply with governmental regulations and our ability to obtain necessary permits, and (xiv) other uncertainties and risk factors set out in filings made from time to time with the U.S. Securities and Exchange Commission (“SEC”) and the Australian Securities Exchange, including Piedmont’s most recent filings with the SEC. The forward-looking statements, projections and estimates are given only as of the date of this press release and actual events, results, performance, and achievements could vary significantly from the forward-looking statements, projections and estimates presented in this press release. Readers are cautioned not to put undue reliance on forward-looking statements. Piedmont disclaims any intent or obligation to update publicly such forward-looking statements, projections, and estimates, whether as a result of new information, future events or otherwise. Additionally, Piedmont, except as required by applicable law, undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Piedmont, its financial or operating results or its securities.

Quebec, Canada, March 30, 2023 – North American lithium producer Sayona Mining Limited (“Sayona”) (ASX:SYA; OTCQB:SYAXF) and Piedmont Lithium Inc. (“Piedmont” or the “Company”) (Nasdaq:PLL; ASX:PLL), a leading global developer of lithium resources, today announced the successful restart of commercial spodumene concentrate production at the jointly-owned North American Lithium (“NAL”) project in Quebec. The $US80 million restart of NAL was completed on time and on budget and is the only major source of new spodumene production expected in North America in the next two years. Sayona is targeting 226,000 metric tons per year of annual production with first commercial shipments expected in Q3 2023.

Sayona’s Managing Director Brett Lynch commented on the efficient recommencement of NAL. “Since announcing our restart intentions in 2021, our project team has maintained a forward-looking focus to improve lithium capture, achieve more consistent runtimes, and streamline operating costs from the past-producing operation. Improvements were made as planned in our timeline and budget, and we are eager to see the impact the upgrades bring to both product quality and operational efficiency as we prepare for our first commercial shipments of spodumene concentrate expected in July of this year.”

Piedmont’s President and Chief Executive Officer Keith Phillips added, “We applaud the work of the operating team in bringing the restart of NAL to fruition. This marks an exciting milestone not only for Piedmont Lithium and Sayona Mining, but the North American market for which we are working to supply critical lithium resources. NAL is positioned to be a key contributor to the electric vehicle and battery supply chains as demand for lithium continues to rapidly expand along with the electrification economies in both Canada and the U.S.”

NAL is one of three projects of Sayona Quebec, a joint venture between Sayona (75%) and Piedmont (25%). Sayona is targeting four shipments from NAL totaling up to 120,000 metric tons by the end of 2023, which are expected to supply key battery and electric vehicle manufacturers, including LG Chem and Tesla.

Powered by renewable hydroelectricity, NAL is ideally located in the Abitibi region of Quebec with convenient access to rail, highway, and port infrastructure to bring lithium concentrate to the market.

Production at NAL is expected to be supported by the mineral resources of Sayona Quebec’s Abitibi Hub projects. Mineral resource estimates have been determined by Sayona and reported in accordance with JORC Code (2012) and NI 43-101 standards. Sayona Quebec is expected to provide an updated Definitive Feasibility Study for both NAL and its Authier Lithium Project. Additionally, a new, large-scale, extensive drill program is planned for 2023 by NAL and Jourdan Resources Inc. related to both NAL and the adjacent Vallée Lithium Project. The intent of the program is to define a mineral resource base capable of supplying more tons and enhanced material quality to the NAL concentrator.

A prefeasibility study (“PFS”) is currently underway to evaluate downstream production at NAL through the completion of the project’s lithium carbonate plant, which was partially constructed by prior owners of the operation. Results of the PFS are expected in H1 2023. Further evaluation of downstream production of lithium carbonate or lithium hydroxide in Quebec may follow the PFS study.

(Above) Spodumene concentrate housed in the newly constructed containment facility at NAL.
(Below) NAL site with quarry visible in background and operations in foreground.

About Sayona Mining

Sayona Mining Limited is an emerging lithium producer (ASX:SYA; OTCQB:SYAXF), with projects in Québec, Canada and Western Australia. In Québec, Sayona’s assets comprise North American Lithium together with the Authier Lithium Project and its emerging Tansim Lithium Project, supported by a strategic partnership with American lithium developer Piedmont Lithium Inc. (Nasdaq:PLL; ASX:PLL). Sayona also holds a 60% stake in the Moblan Lithium Project in northern Québec. In Western Australia, the Company holds a large tenement portfolio in the Pilbara region prospective for gold and lithium. Sayona is exploring for Hemi‐style gold targets in the world‐class Pilbara region, while its lithium projects are subject to an earn‐in agreement with Morella Corporation (ASX:1MC). For more information, please visit us at www.sayonamining.com.au.

For further information, contact:
Brett Lynch
Managing Director
info@sayonamining.com.au

For media inquiries, contact:
Anthony Fensom
Republic PR
+61 (0)407 112 623
anthony@republicpr.com.au

About Piedmont Lithium 

Piedmont Lithium (Nasdaq:PLL; ASX:PLL) is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and the creation of a clean energy economy in North America. Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest. Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX:SYA) and in Ghana with Atlantic Lithium (AIM:ALL; ASX:A11). These geographically diversified operations will enable us to play a pivotal role in supporting America’s move toward energy independence and the electrification of transportation and energy storage. For more information, follow us on Twitter @PiedmontLithium and visit www.piedmontlithium.com.

Piedmont Lithium Forward-Looking Statements

This press release contains forward-looking statements within the meaning of or as described in securities legislation in the United States and Australia, including statements regarding exploration, development, and construction activities of Sayona Mining and Piedmont; current plans for Piedmont’s mineral and chemical processing projects; and strategy. Such forward-looking statements involve substantial and known and unknown risks, uncertainties, and other risk factors, many of which are beyond our control, and which may cause actual timing of events, results, performance or achievements and other factors to be materially different from the future timing of events, results, performance, or achievements expressed or implied by the forward-looking statements. Such risk factors include, among others: (i) that Piedmont or Sayona Mining will be unable to commercially extract mineral deposits or may experience delays in delivering any minerals extracted, (ii) that Piedmont’s or Sayona Mining’s properties may not contain expected reserves, (iii) risks and hazards inherent in the mining business (including risks inherent in exploring, developing, constructing and operating mining projects, environmental hazards, industrial accidents, weather or geologically related conditions), (iv) uncertainty about Piedmont’s ability to obtain required capital to execute its business plan, (v) Piedmont’s ability to hire and retain required personnel, (vi) changes in the market prices of lithium and lithium products, (vii) changes in technology or the development of substitute products, (viii) the uncertainties inherent in exploratory, developmental and production activities, including risks relating to permitting, zoning and regulatory delays related to Piedmont’s projects as well as the projects of Piedmont’s partners in Quebec and Ghana, (ix) uncertainties inherent in the estimation of lithium resources, (x) risks related to competition, (xi) risks related to the information, data and projections related to Sayona Mining, (xii) occurrences and outcomes of claims, litigation and regulatory actions, investigations and proceedings, (xiii) risks regarding Piedmont’s ability to achieve profitability, enter into and deliver product under supply agreements on favorable terms, Piedmont’s ability to obtain sufficient financing to develop and construct Piedmont’s projects, its ability to comply with governmental regulations and our ability to obtain necessary permits, and (xiv) other uncertainties and risk factors set out in filings made from time to time with the U.S. Securities and Exchange Commission (“SEC”) and the Australian Securities Exchange, including Piedmont’s most recent filings with the SEC. The forward-looking statements, projections and estimates are given only as of the date of this press release and actual events, results, performance, and achievements could vary significantly from the forward-looking statements, projections and estimates presented in this press release. Readers are cautioned not to put undue reliance on forward-looking statements. Piedmont disclaims any intent or obligation to update publicly such forward-looking statements, projections, and estimates, whether as a result of new information, future events or otherwise. Additionally, Piedmont, except as required by applicable law, undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Piedmont, its financial or operating results or its securities.

BELMONT, NC, March 9, 2023 – Piedmont Lithium Inc. (“Piedmont” or the “Company”) (Nasdaq:PLL; ASX:PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle (“EV”) supply chain, today announced that its jointly-owned North American Lithium (“NAL”) project has successfully produced initial spodumene concentrate (“SC6”) as plans advance to fully restart the Quebec operation. Approximately 70 metric tons of spodumene concentrate were produced as part of commissioning with first shipment of saleable product targeted for Q3 2023.

Patrick Brindle, Executive Vice President and Chief Operating Officer of Piedmont Lithium, applauded the progress toward full-scale production. “This initial production from NAL underscores the diligence and dedication of the management team to restart the mine and concentrator both on time and on budget. NAL is the most advanced lithium project in terms of development in the U.S. and Canada, and we expect the operation to provide the only major source of new SC6 production in North America in the near term.”

NAL is one of the projects in the portfolio of Sayona Quebec, a joint venture between Piedmont and Sayona Mining Limited (ASX:SYA). In addition to Piedmont’s economic interest in the joint venture, the Company holds an offtake agreement with Sayona Quebec to purchase the greater of 113,000 metric tons per year or 50% of the joint venture’s SC6 production. Piedmont subsequently has agreements with LG Chem and Tesla to provide spodumene concentrate from NAL beginning in H2 2023. Sayona Mining has indicated a target of four shipments from NAL by the end of 2023 totalling 85,000 to 115,000 metric tons.

The statements in the link below were prepared by, and made by, Sayona Mining. The following disclosures are not statements of Piedmont and have not been independently verified by Piedmont. Sayona Mining is not subject to U.S. reporting requirements or obligations, and investors are cautioned not to put undue reliance on these statements. Sayona Mining’s original announcement can be found here.

About Piedmont Lithium 

Piedmont Lithium (Nasdaq:PLL; ASX:PLL) is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and the creation of a clean energy economy in North America. Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest. Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX:SYA) and in Ghana with Atlantic Lithium (AIM:ALL; ASX:A11). These geographically diversified operations will enable us to play a pivotal role in supporting America’s move toward energy independence and the electrification of transportation and energy storage. For more information, follow us on Twitter @PiedmontLithium and visit www.piedmontlithium.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of or as described in securities legislation in the United States and Australia, including statements regarding exploration, development, and construction activities of Sayona Mining and Piedmont; current plans for Piedmont’s mineral and chemical processing projects; and strategy. Such forward-looking statements involve substantial and known and unknown risks, uncertainties, and other risk factors, many of which are beyond our control, and which may cause actual timing of events, results, performance or achievements and other factors to be materially different from the future timing of events, results, performance, or achievements expressed or implied by the forward-looking statements. Such risk factors include, among others: (i) that Piedmont or Sayona Mining will be unable to commercially extract mineral deposits, (ii) that Piedmont’s or Sayona Mining’s properties may not contain expected reserves, (iii) risks and hazards inherent in the mining business (including risks inherent in exploring, developing, constructing and operating mining projects, environmental hazards, industrial accidents, weather or geologically related conditions), (iv) uncertainty about Piedmont’s ability to obtain required capital to execute its business plan, (v) Piedmont’s ability to hire and retain required personnel, (vi) changes in the market prices of lithium and lithium products, (vii) changes in technology or the development of substitute products, (viii) the uncertainties inherent in exploratory, developmental and production activities, including risks relating to permitting, zoning and regulatory delays related to our projects as well as the projects of our partners in Quebec and Ghana, (ix) uncertainties inherent in the estimation of lithium resources, (x) risks related to competition, (xi) risks related to the information, data and projections related to Sayona Mining, (xii) occurrences and outcomes of claims, litigation and regulatory actions, investigations and proceedings, (xiii) risks regarding our ability to achieve profitability, enter into and deliver product under supply agreements on favorable terms, our ability to obtain sufficient financing to develop and construct our projects, our ability to comply with governmental regulations and our ability to obtain necessary permits, and (xiv) other uncertainties and risk factors set out in filings made from time to time with the U.S. Securities and Exchange Commission (“SEC”) and the Australian Securities Exchange, including Piedmont’s most recent filings with the SEC. The forward-looking statements, projections and estimates are given only as of the date of this press release and actual events, results, performance, and achievements could vary significantly from the forward-looking statements, projections and estimates presented in this press release. Readers are cautioned not to put undue reliance on forward-looking statements. Piedmont disclaims any intent or obligation to update publicly such forward-looking statements, projections, and estimates, whether as a result of new information, future events or otherwise. Additionally, Piedmont, except as required by applicable law, undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Piedmont, its financial or operating results or its securities.

BELMONT, NC, March 9, 2023 – Piedmont Lithium Inc. (“Piedmont” or “Company”) (Nasdaq:PLL; ASX:PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle (“EV”) supply chain, is aware of a recent report published by Blue Orca Capital (“Short Report”), which contains allegations in relation to Atlantic Lithium Limited’s (“Atlantic”) lithium project in Ghana.

Piedmont notes that Atlantic has denied the allegations contained in the Short Report and outrightly refutes the allegations of impropriety made by the Short Report. Atlantic’s response to the Short Report has now been released and is available on the AIM market of the London Stock Exchange.

Piedmont notes that Atlantic’s recent application for a Mining License for its lithium project in Ghana excludes the two licenses purchased as part of its acquisition of Joy Transporters Ltd referred to in the Short Report, which do not form part of Atlantic’s defined resources for its Ghana lithium project.

Piedmont has the right to purchase 50% of Atlantic’s production of spodumene concentrate from its Ghana lithium project, at market prices on a life-of-mine basis, and to earn a 50% interest in the Ghanaian projects. Piedmont currently contemplates utilizing spodumene concentrate from this offtake agreement as partial feed for its proposed Tennessee Lithium hydroxide plant. However, if for any reason Piedmont does not exercise its right to this offtake supply, the Company is confident that alternative sources of spodumene concentrate would be available to feed the Tennessee facility, as current and future spodumene producers seek to feed the growing U.S. electric vehicle market and qualify for the benefits available under the Inflation Reduction Act of 2022.

Piedmont also notes that the publisher of the Short Report discloses that it has a short interest in Piedmont’s shares and therefore stands to realize significant gains from a decline in Piedmont’s share price.

Atlantic and Piedmont will seek legal advice to address the claims made by the Report.

This announcement has been authorized for release by the Company’s CEO, Keith Phillips.

About Piedmont Lithium 

Piedmont Lithium (Nasdaq:PLL; ASX:PLL) is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and the creation of a clean energy economy in North America. Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest. Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX:SYA) and in Ghana with Atlantic Lithium (AIM:ALL; ASX:A11). These geographically diversified operations will enable us to play a pivotal role in supporting America’s move toward energy independence and the electrification of transportation and energy storage. For more information, follow us on Twitter @PiedmontLithium and visit www.piedmontlithium.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of or as described in securities legislation in the United States and Australia, including statements regarding exploration, development, construction and sales activities of Sayona Mining, Atlantic Lithium and Piedmont; current plans for Piedmont’s mineral and chemical processing projects; and strategy. Such forward-looking statements involve substantial and known and unknown risks, uncertainties, and other risk factors, many of which are beyond our control, and which may cause actual timing of events, results, performance or achievements and other factors to be materially different from the future timing of events, results, performance, or achievements expressed or implied by the forward-looking statements. Such risk factors include, among others: (i) that Piedmont, Sayona Mining or Atlantic Lithium will be unable to commercially extract or deliver mineral deposits to Tesla, LG Chem or otherwise, (ii) that Piedmont’s, Sayona Mining’s or Atlantic Lithium’s properties may not contain expected reserves, (iii) risks and hazards inherent in the mining business (including risks inherent in exploring, developing, constructing and operating mining projects, environmental hazards, industrial accidents, weather or geologically related conditions), (iv) uncertainty about Piedmont’s ability to obtain required capital to execute its business plan, (v) Piedmont’s ability to hire and retain required personnel, (vi) changes in the market prices of lithium and lithium products, (vii) changes in technology or the development of substitute products, (viii) the uncertainties inherent in exploratory, developmental and production activities, including risks relating to permitting, zoning and regulatory delays related to our projects as well as the projects of our partners in Quebec and Ghana, (ix) uncertainties inherent in the estimation of lithium resources, (x) risks related to competition, (xi) risks related to the information, data and projections related to, and our investments in minority interests in, Sayona Mining or Atlantic Lithium, (xii) occurrences and outcomes of claims, litigation and regulatory actions, investigations and proceedings, (xiii) risks regarding our ability to achieve profitability, enter into and deliver product under supply agreements on favorable terms, our ability to obtain sufficient financing to develop and construct our projects, our ability to comply with governmental regulations and our ability to obtain necessary permits, and (xiv) other uncertainties and risk factors set out in filings made from time to time with the U.S. Securities and Exchange Commission (“SEC”) and the Australian Securities Exchange, including Piedmont’s most recent filings with the SEC. The forward-looking statements, projections and estimates are given only as of the date of this press release and actual events, results, performance, and achievements could vary significantly from the forward-looking statements, projections and estimates presented in this press release. Readers are cautioned not to put undue reliance on forward-looking statements. Piedmont disclaims any intent or obligation to update publicly such forward-looking statements, projections, and estimates, whether as a result of new information, future events or otherwise. Additionally, Piedmont, except as required by applicable law, undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Piedmont, its financial or operating results or its securities.

Company to discuss first production at North American Lithium, offtake updates,
near-term cash flow, and key project advancements

BELMONT, NC, February 23, 2023 – Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq:PLL; ASX:PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle (“EV”) supply chain, today announced senior leadership participation in the following upcoming industry conferences:

• BMO 32^nd Annual Global Metals, Mining, and Critical Minerals Conference in Miami, Florida; Feb. 26 – March 1
• Red Cloud Financial Services Pre-PDAC Mining Showcase in Toronto, Canada; March 2 – 3
• 35^th Annual ROTH Conference in Dana Point, California; March 12 – 14
• Loop Capital Markets Annual Investor Conference in New York City, New York; March 14
• Gabelli’s 14^th Annual Specialty Chemicals Symposium in New York City, New York; March 16

Keith Phillips, CEO of Piedmont, said he is looking forward to updating industry leaders and investors on the Company’s advancing plans to provide North American lithium resources to EV automakers and battery manufacturers. “The restart of spodumene concentrate production from North American Lithium is on target for H1 2023, and we’re poised to deliver first commercial shipments in Q3. We’re pleased to share offtake updates, our anticipation of revenue generation, and progress across our portfolio of projects.”

Piedmont is working to become one of the leading producers of lithium hydroxide in North America and a key contributor to the EV industry and American energy security. To help achieve that goal, the Company is developing a portfolio of four key projects located in:

• Quebec: Spodumene concentrate production at Sayona Quebec’s North American Lithium
• Ghana: Spodumene concentrate production at Atlantic Lithium’s Ewoyaa Lithium Project
• Tennessee: Lithium hydroxide production at Piedmont’s Tennessee Lithium from spodumene concentrate sourced primarily from the Ewoyaa Lithium Project
• North Carolina: Integrated mining to spodumene concentrate to lithium hydroxide production operation at Piedmont’s Carolina Lithium project

About Piedmont Lithium 

Piedmont Lithium (Nasdaq:PLL; ASX:PLL) is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and the creation of a clean energy economy in North America. Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest. Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX:SYA) and in Ghana with Atlantic Lithium (AIM:ALL; ASX:A11). These geographically diversified operations will enable us to play a pivotal role in supporting America’s move toward energy independence and the electrification of transportation and energy storage. For more information, follow us on Twitter @PiedmontLithium and visit www.piedmontlithium.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of or as described in securities legislation in the United States and Australia, including statements regarding exploration, development, construction and sales activities of Sayona Mining, Atlantic Lithium and Piedmont; current plans for Piedmont’s mineral and chemical processing projects; and strategy. Such forward-looking statements involve substantial and known and unknown risks, uncertainties, and other risk factors, many of which are beyond our control, and which may cause actual timing of events, results, performance or achievements and other factors to be materially different from the future timing of events, results, performance, or achievements expressed or implied by the forward-looking statements. Such risk factors include, among others: (i) that Piedmont, Sayona Mining or Atlantic Lithium will be unable to commercially extract or deliver mineral deposits to Tesla or otherwise, (ii) that Piedmont’s, Sayona Mining’s or Atlantic Lithium’s properties may not contain expected reserves, (iii) risks and hazards inherent in the mining business (including risks inherent in exploring, developing, constructing and operating mining projects, environmental hazards, industrial accidents, weather or geologically related conditions), (iv) uncertainty about Piedmont’s ability to obtain required capital to execute its business plan, (v) Piedmont’s ability to hire and retain required personnel, (vi) changes in the market prices of lithium and lithium products, (vii) changes in technology or the development of substitute products, (viii) the uncertainties inherent in exploratory, developmental and production activities, including risks relating to permitting, zoning and regulatory delays related to our projects as well as the projects of our partners in Quebec and Ghana, (ix) uncertainties inherent in the estimation of lithium resources, (x) risks related to competition, (xi) risks related to the information, data and projections related to Sayona Mining or Atlantic Lithium, (xii) occurrences and outcomes of claims, litigation and regulatory actions, investigations and proceedings, (xiii) risks regarding our ability to achieve profitability, enter into and deliver product under supply agreements on favorable terms, our ability to obtain sufficient financing to develop and construct our projects, our ability to comply with governmental regulations and our ability to obtain necessary permits, and (xiv) other uncertainties and risk factors set out in filings made from time to time with the U.S. Securities and Exchange Commission (“SEC”) and the Australian Securities Exchange, including Piedmont’s most recent filings with the SEC. The forward-looking statements, projections and estimates are given only as of the date of this press release and actual events, results, performance, and achievements could vary significantly from the forward-looking statements, projections and estimates presented in this press release. Readers are cautioned not to put undue reliance on forward-looking statements. Piedmont disclaims any intent or obligation to update publicly such forward-looking statements, projections, and estimates, whether as a result of new information, future events or otherwise. Additionally, Piedmont, except as required by applicable law, undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Piedmont, its financial or operating results or its securities.