New Gaston County Ordinances Established Updated Guidelines for Quarries and Mines

Ordinances Align with Operational Plans of Piedmont Lithium’s proposed Carolina Lithium Project

BELMONT, N.C. – Piedmont Lithium Inc. (Nasdaq: PLL; ASX: PLL), a leading developer of lithium hydroxide production to enable the North American electric vehicle supply chain, today responded to new quarry and mining ordinances approved by the Gaston County Board of Commissioners. The ordinances are not specific to Piedmont Lithium’s proposed project but consider all quarry and mining operations in the County as part of a more comprehensive update of Gaston County’s Unified Development Ordinance.

“The new ordinances enacted by Gaston County’s Board of Commissioners are in the best interests of Gaston County’s citizens and its environment, and we appreciate the guidance and clarity the ordinances provide,” said Piedmont President and CEO, Keith Phillips. “We believe the safety and environmental standards currently outlined in our proposed Carolina Lithium Project will meet or exceed the standards set in the newly passed regulations, which align with Piedmont Lithium’s core values and initiatives for sustainable social and environmental practices.”

The Company will continue working with the Gaston County Board of Commissioners for potential future rezoning and with the State of North Carolina regarding Piedmont Lithium’s State Mining Permit application, which was submitted on August 31, 2021.

“We welcome the Commission’s request for a public hearing regarding our State Mining Permit application, and we have also, in fact, formally requested a public hearing ourselves,” said Phillips. “These hearings are common in such permit application proceedings and provide another opportunity for us to receive feedback regarding our Carolina Lithium Project application from the County and members of the community.”

About Piedmont Lithium

Piedmont Lithium is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and creation of a clean energy economy in North America. The centerpiece of our operations, the Carolina Lithium Project, is located in the renowned Carolina Tin-Spodumene Belt of North Carolina, and when combined with equally strategic and in-demand mineral resources from our long-term supply contracts and equity investments in lithium-based assets in Quebec and Ghana, positions us to be one of the largest, lowest cost, most sustainable producers of battery-grade lithium hydroxide in the world. We will also be strategically located to best serve the fast-growing North American and European electric vehicle and battery storage supply chains. The unique geology, geography and proximity of our resources, future production operations and customer base, will allow us to deliver a valuable continuity of supply of high-quality, sustainably produced lithium hydroxide from spodumene concentrate, preferred by most electric vehicle manufacturers. Our planned diversified operations should enable us to play a pivotal role in supporting America’s move toward decarbonization and the electrification of transportation and energy storage. As a member of the International Responsible Mining Association and the Zero Emissions Transportation Association, we are committed to protecting and preserving our planet for future generations, and to making economic and social contributions to the communities we serve. For more information, www.piedmontlithium.com.

Индикатор Стохастик описание и применение, как пользоваться Stochastic Oscillator, настройки, стратегии

Отличия лишь в рабочем таймфрейме и настройке параметров, которые делают индикатор более чувствительным и быстрым. Как правило, параметры инструмента задаются тремя значениями. Сплошная оранжевая линия на изображении выше называется %K, а синяя линия – это 3-периодная скользящая средняя кривой %K. Стохастический осциллятор — это технический индикатор импульса, отображающий текущее положение цены относительно диапазона цен в течение определенного времени. Индикатор измеряет последние цены относительно среднего уровня цен в прошлом, отображая их по шкале от 0 до 100.

Описание индикатора Stochastic Oscillator

Эффективность вашей стратегии со стохастическим осциллятором повыситься, если пользоваться комбинацией сигналов перекупленности и перепроданности и пересечением линий %К и %D. Это значит, что в отличие от своих «коллег» из группы запаздывающих индикаторов, как например, moving average или Bollinger bands, он умеет прогнозировать следующий шаг цены. Задача технических торговых инструментов класса Стохастик – выполнить технический анализ скорости рынка по относительному положению цены закрытия в диапазоне max/min за некоторый период. Этим индикатором трейдер должен оценить вероятность обновления экстремума, то есть – шансы текущего тренда на продолжение.

Связь Стохастика с другими индикаторами

Трейдер не успел на это пересечение, и представим, что находится на самой правой свече зоны, которую я выделил красным цветом. Очевидно, что сразу заходить в рынок не очень комфортно, т.к. Поэтому, переходим на таймфрейм ниже, и смотрим, как развивается ситуация там. Стохастик (Stochastic oscillator — стохастический осциллятор) — стандартный, бесплатный индикатор технического анализа. Относится к группе индикаторов, которые оптимальным образом показывают свою работу в ценовом диапазоне, когда цена не имеет выраженного направления. Оба индикатора определяют перекупленность и перепроданность.

Пересечение линий %K и %D

Если какая-либо линия ненадолго поднимается выше 80, а затем снова падает ниже нее, это считается медвежьим сигналом. Однако, ваша стратегия должна быть адаптирована к соответствующему рынку, и вы должны хорошо разбираться в поведении этого рынка. В первую очередь от использования стохастического индикатора выигрывают активные инвесторы и трейдеры, которым важно, чтобы технический анализ изменения цен проходил предельно быстро. Концепция заключается в том, чтобы искать пересечения стохастика, где K% пересекает линию D% сверху вниз. Этим самым, мы продолжаем торговать в сторону основного движения, которое было на дневном таймфрейме.

Расскажу еще про одну систему, где очень успешно можно использовать стохастик как фильтр. Обратите внимание, что я добавил фильтр по дивергенциям и конвергенциям, и как точно, и заранее, получается входить и выходить из сделок. По сути, мы сейчас использовали стохастик как трендовый индикатор. Самым большим блоком красного цвета отмечено падение дневного таймфрейма, которое мы пропустили. Потом хорошо видно, как получается поймать точки на продажу, и доторговать падение. Очень неплохо, если учесть, что мы присоединяемся к движению, когда пропустили вход в начале.

Когда это обнаруживается, принято считать, что стохастик верен. Это означает, что цена фактически развернется в направлении, предсказанном индикатором. Это несоответствие показаний индикатора тому, что мы видим на графике. Индикатор Stochastic классификация видов тестирования Oscillator — это универсальный индикатор, идеально подходящий для любой торговой активности и любого времени. Но в зависимости от выбранного временного диапазона нужно менять настройки. Настройки стохастика для D1 можно оставить стандартными.

Все зависит от сферы деятельности предприятия и поставленных задач. Заработная плата по сменному графику выдается согласно установленному окладу или за отработанные часы. Проблема в том, что некоторые решения частично или полностью не поддерживает автоматизированный функционал. Большинство современных компаний с посменным распределением рабочей нагрузки пользуется программами для составления графика работы.

Здравствуйте, уважаемые трейдеры и посетители Форекс портала. В этой статье речь пойдет об известном каждому трейдеру индикаторе, который входит в стандартный комплект терминала Metatrader 4 – Stochastic Oscillator. Пересечение двух линий осциллятора часто рассматривается как сигнал для входа на биржу (forex. При большом последовательном падении цены в краткосрочной перспективе они дают картину перепроданности, несмотря на дальнейшее движение тренда. Предположим, цена обновляет свои максимумы, и в этот момент Стохастик падает, обновляя, наоборот, минимумы. Для наглядности рекомендуется соединить их сплошной линией.

А над какими ещё проектами, которые каждый раз проходят по одной и той же схеме, вы работаете? Например, в рамках выставки-ярмарки могут выполняться задачи, схожие с теми, которые потребуются для организации виртуального обеда с клиентами, устраиваемого вами позднее в этом году. Наличие шаблона графика проекта позволит быстрее и эффективнее запускать проекты в будущем. Собрав все отзывы, сформируйте обновлённую версию графика проекта и ещё раз поделитесь ею со всеми заинтересованными сторонами. Также обязательно внесите график проекта во все важные документы по его планированию, такие как проектное задание и пояснительная записка.

  1. Также в настройках индикатора указываются периоды сглаживания %K и линии %D, которая представляет собой скользящую среднюю от %K.
  2. Следовательно, мы будем открывать только длинные позиции.
  3. Фактические торговые сигналы возникают в результате пересечения линии индикатора (%K) с сигнальной линией (%D).
  4. Лейн рекомендовал пять дней в качестве периода для расчёта максимальной и минимальной цены.
  5. Активизируется окно «Добавить график», в котором нужно найти стохастический осциллятор.
  6. В дальнейшем это приводит к не продолжительному падению цены и развороту.

Просто не забываем, что он создавался давно и в те времена часовой фрейм считался почти скальперским, а всерьез рассматривали Н4 и D1. И, как показывает практика результаты торговли действительно становятся лучше при переходе на крупные периоды. По умолчанию линия %K рассчитывается за период в 5 дней, а линия %D — за 3 дня. «Медленный стохастик» или «медленный стохастик» имеет идентичную формулировку и интерпретацию, но несколько сниженную чувствительность.

В этом вы убедитесь позже, когда речь пойдет про торговые системы и методы торговли. Во вкладке «Уровни» уже есть заданные уровни перекупленности и перепроданности со стандартными значениями. Их можно по необходимости отредактировать или добавить новые. Под этим термином чаще всего подразумевают период кривой %K. Он определяет диапазон, с которым будет сравниваться текущая цена, а значит, влияет на чувствительность основной линии.

По умолчанию они установлены соответственно на 80 и 20. Например, некоторые профессионалы увеличивают их до 90 и 10, чтобы уменьшить количество ложных сигналов, или наоборот, чтобы увеличить количество потенциальных сделок. Это потому, что стохастический осциллятор более изменчив, чем RSI. Еще одно большое отличие состоит в том, что стохастический осциллятор использует две линии вместо одной. Самая медленная линия% D — это скользящая средняя самой быстрой линии% K.

Когда линия %K пересекает пунктирную линию %D, выходя из области перепроданности, это говорит о сигнале для открытия длинной позиции (покупки). Если же сплошная линия %K пересекает пунктирную линию %D, выходя вниз из зоны перепроданности, уместными будут продажи. С помощью Стохастика можно получить еще один вид сигналов для открытия сделки. Они формируются тогда, когда линии данного индикатора пересекаются в зоне перепроданности или перекупленности. Очень важно для правильного использования индикатора понимать, что его заход в любую из зон еще не является сигналом для открытия сделки. Торговый инструмент может продолжительное время быть перепроданным или перекупленным.

Не совсем то, что трейдеру хочется видеть, особенно если посмотреть на кривые капитала из двух соответствующих IS фаз. Давайте на примере настроек 8, 3, 3 разберемся, как он работает, и как ведется торговля по стохастику. Итак, стохастический индикатор – это импульсный генератор, который разработан Джорджем Лейном. Эта стратегия уменьшает бремя, с которым придется столкнуться валютному трейдеру, если ему придется долго сидеть перед компьютером. Я буду торговать этим на демо-счете в течение 2 месяцев, чтобы увидеть, будет ли это выгодно. Вы должны разместить стоп-лосс примерно на 2 пункта ниже уровня поддержки.

Если для стратегии важна высокая частота сигналов, то стоит использовать настройки (9, 3, 3). Если же на первом месте стоит достоверность сигналов, то оптимальными настройками будет сочетание параметров (14, 3, 3) или (21, 3, 3). Нельзя также забывать и о правильном выборе типа скользящей для сглаживания. Период %K определяет диапазон, с которым индикатор будет сравнивать текущую цену. Период %D – необходимую степень сглаживания %K для получения медленного стохастика. Замедление сглаживает основной период %K, воздействуя непосредственно на эту линию.

Для доллара США также не очень хорошо работает стратегия, основанная на фиксации перекупленности во время восходящего тренда и перепроданности во время нисходящего. Перекупленность возникает на восходящем движении, когда основная линия пересекает уровень 80% снизу вверх. Она является сигналом к замедлению роста и возможном развороте вниз. В классической схеме продажу рекомендуется производить в момент, когда осуществляется повторное пересечение сверху вниз уровня 80%. Самостоятельно рассчитывать показания индикатора неудобно. Именно таким образом раньше трейдеры высчитывали показатели стохастика.

При создании торговой стратегии на основе стохастического осциллятора на рынке форекс ищите валютную пару, которая отображает ярко выраженный и продолжительный бычий тренд. Идеальная валютная пара уже провела некоторое время на территории перекупленности, при этом цена приближается к предыдущей зоне сопротивления. Ищите уменьшающийся объем как дополнительный индикатор бычьего истощения. Как только стохастический осциллятор пересечет сигнальную линию вниз, следите за ценой, чтобы последовать его примеру.

А вместо этого учитывает в своей торговле только 50-уровень. Чтобы визуально удобно было применять эту торговую систему, стоит перенастроить стохастический осциллятор. Уверен, из текста выше вы уже поняли, что такое дивергенция, ее бычий и медвежий вид. Если все же чувствуете неуверенность в данном вопросе, то обязательно прочитайте статью “Что такое дивергенция на форекс”, там детально разобран этот вопрос.

Лейн рекомендовал пять дней в качестве периода для расчёта максимальной и минимальной цены. В этой статье речь пойдет про индикатор Stochastic Oscillator — применение и для чего его можно использовать. Система подразумевает постоянное нахождение трейдера в сделке. Другими словами, на трейдерском сленге, это реверсная система. Т.е., открытие одной сделки подразумевает закрытие предыдущей, и торговлю в противоположном направлении.

Выше для сравнения расположен ценовой график, на котором цифрами отмечены 5 сигналов стохастического осциллятора. На графике зеленой областью отмечен целевой бар, для которого будут рассчитываться показания стохастика. Зеленой линией – самая большая цена за последние 3 свечи.

Для 15-минутного временного интервала он может находиться в диапазоне от 5 до 13 единиц. Не забывайте, что слишком высокие или низкие значения могут привести к искаженным сигналам и торговым убыткам. При торговле на одноминутном https://forexww.org/ таймфрейме рекомендуется использовать дополнительные фильтры в виде скользящих средних или уровней сопротивления / поддержки. Другими словами, это будет 75% дневного диапазона или ближе к максимуму, чем к минимуму.

После авторизации и выбора актива в окне графика щелкните правой кнопкой мыши и выберите команду «Добавить индикатор» из раскрывающегося списка. Активизируется окно «Добавить график», в котором нужно найти стохастический осциллятор. По умолчанию индикатор появится под графиком в отдельном окне (как на рис. 1). Именно за эту недвижимость ее ценят опытные профессионалы. То есть получается, что если стохастик вышел из зоны перепроданности, он, скорее всего, достигнет уровня 50 и, возможно, уровня 80.

Поэтому не стоит рассматривать противоположную границу как цель движения. Пока цена до нее дойдет, можно дважды получить безубыток. Некоторые вообще работают с расстоянием в половину диапазона и берут как цель середину такого флета.

В этой вкладке можно указать цвет для каждой линии индикатора, ширину и стиль отображения, например, пунктиром одну линию, и сплошной другую. StochRSI индикатор – это производный индикатор от скрещивания классического RSI и принципа работы стохастика. Обычно для него наилучшим образом работает период анализа в 14 свечей. Достаточной точности сигналов можно добиться только в комбинации с другими инструментами технического анализа. Настройки для индикатора стандартные – период скользящей равен 20 свечам, а множитель двойного стандартного отклонения – 2. В этой стратегии основным инструментом будут полосы Боллинджера, а осциллятор стохастик будет применяться в качестве фильтра сигналов.

Торговля по такой стратегии «в лоб» подразумевает отличные навыки вычисления фазы рынка. В противном случае, можно нарваться на тренд, и получить убытки. В ней редактируются уровни перепроданности и перекупленности стохастика.

Для этого стохастик берется со стандартными настройками (5,3,3). Помимо осцилляторов на график выбранного актива наносится трендовый индикатор Moving Average с периодом 21. В большей степени он служит для выявления направления и силы существующей тенденции. По праву одним из наиболее ценных сигналов стохастического осциллятора можно назвать дивергенцию.

Бывают случаи, когда после дивергенций цена устремляется дальше по тренду, а эти экстремумы остаются лишь маленькой коррекцией. Соответственно, ограничение убытков обязательно должно быть установлено. Нельзя не отметить, что индикатор Стохастик часто используют вместе с другим популярным осциллятором – MACD.

Точки пересечения стохастических линий нельзя использовать для оценки силы ценового импульса. Выход линий индикатора в зоны перекупленности / перепроданности не означает сигнала к немедленному открытию сделки — все эти ситуации должны подтверждаться трендовыми индикаторами. В некоторых случаях на графике появляется разнонаправленное движение актива и осциллятора. Например, мы можем указать случай, когда на графике четко отображается восходящий тренд, а линии индикатора указывают на нисходящий тренд. В такие моменты трейдер получает информацию о возможном надвигающемся развороте. Ранее в статье уже упоминалось, что рынок находится в состоянии сильного тренда.

Такая же система еще лучше и эффективнее работает на индикаторе RSI. С полным описанием и стратегиями торговли по этому индикатору, вы можете ознакомиться в статье «Как пользоваться индикатором RSI? Торговля по перепроданности и перекупленности очень опасна, т.к. Она подкрепляет и так тяжелую психологическую ловушку — купить минимум или продать максимум, и загоняет в рамки, а у рынка тормозов и рамок нет. Вам кажется, что так быть не может, но нет, ваш депозит это подтвердит большими убытками. По умолчанию она отображается зеленым пунктиром, что на мой взгляд, не очень удобно для восприятия.

В целом, индикатор похож на многие другие осцилляторы, популярные в трейдинге на форекс и других финансовых рынках – фондовом, товарном и даже молодом криптовалютном. Удаляются стандартные уровни перекупленности и перепроданности 80 и 20. Добавляем уровень со значением 50 (как удалять и добавлять уровни мы разбирали выше). Таким образом, разграничиваем диапазон стохастика сразу на перекупленность и перепроданность, без средних диапазонных значений.

Piedmont Lithium to Participate in Range of Virtual Industry Investor Conferences in September

Will provide updates on recent corporate initiatives and investments driving resource and asset diversification

BELMONT, N.C. – Piedmont Lithium Inc., (“Piedmont” or the “Company”) (NASDAQ: PLL; ASX: PLL), a multi-asset company focused on the integrated production of lithium hydroxide to support the North American electric vehicle supply chain, today announced participation in three major industry investor conferences occurring in September:

  • H.C. Wainwright 23rd Annual Global Investment Conference, September 13-15, 2021
  • Evercore ISI Autotech & AI Forum, September 21-22, 2021
  • D.A. Davidson 20th Annual Diversified Industrials & Services Conference, September 22-23, 2021

We’ve been very active lately as an organization working on a number of different strategic initiatives,” said Piedmont Lithium President and CEO, Keith Phillips. “I’m especially looking forward to speaking with the investor community about our recent participation in the acquisition of North American Lithium in Quebec, as well as our investment in Iron Ridge Resources in Ghana. My goal is to communicate the significance of these two initiatives as they relate to the continued growth of our company, and the value of our diversification from a resource standpoint. This will place us in a strong position to support the North American EV supply chain,added Phillips.

About Piedmont Lithium

Piedmont Lithium 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. The centerpiece of our operations, located in the renowned Carolina Tin Spodumene Belt of North Carolina, when combined with equally strategic and in-demand mineral resources, and production assets in Quebec, and Ghana, positions us to be one of the largest, lowest cost, most sustainable producers of battery-grade lithium hydroxide in the world. We will also be strategically located to best serve the fast-growing North American electric vehicle supply chain. The unique geology, geography and proximity of our resources, production operations and customer base, will allow us to deliver valuable continuity of supply of a high-quality, sustainably produced lithium hydroxide from spodumene concentrate, preferred by most EV manufacturers.  Our planned diversified operations should enable us to play a pivotal role in supporting America’s move toward decarbonization and the electrification of transportation and energy storage. As a member of organizations like the International Responsible Mining Association, and the Zero Emissions Transportation Association, we are committed to protecting and preserving our planet for future generations, and to making economic and social contributions to the communities we serve. For more information, piedmontlithium.com.

What to Include in a Cover Letter for Remote Jobs

In this article, we will share some best practices for writing a cover letter that stands out and impresses remote employers. A cover letter is your chance to showcase your skills, personality, and motivation for a remote position. It can make the difference between landing an interview or getting ignored by the hiring manager. But how do you write a cover letter that stands out from the crowd and convinces the employer that you are the right fit for their remote team? In the second paragraph, you need to tell the recipient what expertise and skills you have that are relevant to the job opening.

Remember that if you’ve done your homework on the company, you’ll have a good idea of what they need in a job candidate, so you can emphasize relevant history here. There’s no one way to https://remotemode.net/ write a cover letter for a remote job, but starting with a template can be a helpful springboard. Here are two variations you are welcome to copy and use to help you fill in the content.

How to save time on creating your cover letter for a remote job

Most companies use their footer to help you find what you’re looking for! One or two simple sentences about why you like doing what you do or how you discovered your professional career path https://remotemode.net/blog/guide-to-writing-a-cover-letter-for-a-remote-position/ should do the trick. One of the advantages of in-person work is that you get a chance to meet your coworkers and your boss face-to-face and bond with them professionally and socially.

I have experience in remote work, marketing, fundraising consulting, hospitality management- all areas relevant for this position! My research showed that we share many common goals like customer satisfaction which is why it was such an easy decision when applying here today… Because these can be a bit less formal than their non-remote counterparts, remote cover letters are often more of a means to showcase the applicant’s writing skills than anything else. Whether you’re currently applying to remote jobs or are only considering a career shift, it’s important to know what you want from a new role and what you can bring to it.

Remote Customer Representative Cover Letter

Not only will a good cover letter help you stand out, it’s also an opportunity to highlight your writing abilities. Writing is one of the most heavily valued remote work skills, particularly in fully remote companies that rely on asynchronous communication. As more interest in flexible work arrangements continues, it has encouraged employers of all sizes to consider offering remote jobs. You may be considered for a job without a cover letter, but if you have the chance to submit one, it often helps to do so. Going the extra mile in your application, whether for a remote job or in-office position, will give you the best advantage to snag an interview.

  • Make sure to identify how your personality traits will allow you to contribute value to the company from Day 1.
  • When you organize your thoughts and plan your cover letters correctly, they can become less of a chore.
  • Whether you’ve worked from home previously or have used remote collaboration tools, make sure to emphasize this experience in your letter.
  • I am well-equipped to thrive in a remote work environment and maintain the high standards of service expected at Diamond Apparel Retailer.

Cash basis changes: How accountants can support their clients Sage Advice United Kingdom

examples of companies that use cash basis accounting

The matching principle states that expenses should
be recognized (recorded) as they are incurred to produce revenues. Some business owners simplify matters by matching their fiscal year to the calendar year. If your company has set up a different fiscal year (July to June, for example), then your cash method accounting must also shift to align with this date range. Understand the cash basis of accounting, explore its advantages and disadvantages, and learn what to consider when choosing this method for a business. With this method, you can also lower your tax burden, for example, by paying some of your business expenses in November or December for services you’ll use the following year. If the company receives an electric bill for $1,700, under the cash method, the amount is not recorded until the company actually pays the bill.

  • Specifically, it focuses on when money is received, or expenses get paid, which may not occur exactly when these items are accrued.
  • Many small businesses avoid employing accountants and using complex accounting systems when using this method because of its ease of use.
  • It’s more likely that the rule changes will help those taxpayers without an accountant to accurately report their cash basis accounts.
  • That means it does a better job than cash basis accounting of matching expenses and revenue to the correct time period in which they were incurred.
  • The cash basis of accounting is easier to understand than other accounting methods because it focuses on cash transactions only.

Accrual accounting gives a more accurate picture of a business’s or law firm’s true financial health over a period of time. The business doesn’t suddenly look healthy because of a sudden influx of cash, or unhealthy because a large expense has been paid for. Rather, the long-term financial activities of the business are taken into account.

Cash basis accounting: What it is and how to do it

Besides, it will be challenging to switch to the accrual method when your business takes off, and strict regulations will begin to apply. Cash accounting is the easiest, most straightforward method of recording your finances. In cash accounting, this mistake would not be identified until the business receives a bank statement that shows an unexpected low account balance. Whereas in accrual accounting, this mistake would result in an incorrect sum of debits and credits, and the error would be easily revealed on its own. Cash accounting, or cash basis of accounting, is the simplest method businesses can use to recognize their finances.

  • The only bookkeeping that needs to be done is the recording of revenue when cash is received, and the recognition of expenses when they get paid.
  • In double-entry, for every recorded transaction, at least two accounts are affected and as a result, there is always a debit and a credit entry.
  • Cash accounting is the easiest, most straightforward method of recording your finances.
  • With that being said, cash accounting is way simpler to manage than accrual accounting.
  • In conclusion, the choice between cash basis accounting and accrual basis accounting depends on the specific needs and circumstances of a small business.

Therefore, it might make sense for a small business to start with the cash-basis approach and switch when the company requires greater accountability. At first glance, you might think your business is growing because of the cash balance in your account. But that revenue results from transactions that happened in the past, so it’s not a true reflection of your current revenue. Let’s say that you checked your business bank account and are pleased to see several deposits from clients for past services you’ve performed.

Should your clients use cash basis or accrual accounting?

Companies are generally free to choose which method best fits their business, but many small businesses start out using cash basis because it can be easier. The primary difference between them is the timing of when transactions are recorded. In accrual accounting, you record revenue when it’s earned and expenses when they are incurred, not when cash changes hands. Your accounting, and the financial health of your business, is based on the economic events that affect your business rather than the movement of cash in and out of your business. Because the cash basis of accounting does not
match expenses incurred and revenues earned in the appropriate
year, it does not follow Generally Accepted Accounting Principles
(GAAP). The cash basis is acceptable in practice only under those
circumstances when it approximates the results that a company could
obtain under the accrual basis of accounting.

examples of companies that use cash basis accounting

In fact, digital record keeping will make income tax return preparation even easier under Making Tax Digital because the quarterly reports are driven by a bank feed. If you’re unsure which method makes sense for you, talk with your accountant or bookkeeper. Make sure they understand what you want to gain from your financial statements and that they aren’t basing their advice solely on your business’s tax basis.

Business

In cash basis accounting, transactions are recorded when cash physically moves in or out of your business. More specifically, revenue is recognized as income when you receive payment, and expenses are recognized when money is spent. Accrual basis accounting can give you a more accurate picture of your business’s financial health because it takes your business’s unpaid expenses examples of companies that use cash basis accounting and your customers’ unpaid invoices into account. That means it does a better job than cash basis accounting of matching expenses and revenue to the correct time period in which they were incurred. It also produces a more complete balance sheet that factors in accounts payable, accounts receivable, current assets such as inventory, fixed assets and liabilities like loans.

examples of companies that use cash basis accounting

Piedmont Submits North Carolina Mine Permit and Draft U.S. Department of Energy Loan Applications

BELMONT, N.C. – Piedmont Lithium Inc., (“Piedmont” or the “Company”) (Nasdaq: PLL), a multi-asset company focused on the integrated production of lithium hydroxide to support the North American electric vehicle supply chain, today announced it has submitted two applications related to the Company’s Carolina Lithium Project.

On August 30, 2021, the Company filed its application for a North Carolina State Mining Permit with the N.C. Department of Environmental Quality’s Division of Energy, Mineral and Land Resources.

Additionally, on August 31, 2021, the Company submitted a draft loan application to the U.S. Department of Energy’s Loans Program Office for loan funding via the Advanced Technologies Vehicle Manufacturing (“ATVM”) Loan Program. The ATVM has $17.7 billion in direct loan authority to provide funding to U.S. companies engaged in the manufacturing of fuel efficient, advanced technology vehicles and qualifying components supporting the automotive supply chain.

The timeline for the review and response with respect to each application is subject to the established processes and procedures of the respective responsible agency.

Submitting our mine permit application with the State of North Carolina is an important and necessary step in advancing our Carolina Lithium Project in Gaston County, North Carolina,” said President and CEO of Piedmont Lithium, Keith Phillips. “We have been extremely rigorous in planning our operations, with an intense focus on safety, sustainability, and environmental protections within the communities where we plan to operate. We welcome the review by the State and look forward to their response. And as we consider a variety of funding sources for our Carolina Lithium Project, we’re excited about the possibility of participating in the ATVM Loan Program. This program was specifically designed to assist companies like ours that are working to help build a domestic source of components and materials to support the electric vehicle supply chain in the U.S.,” added Phillips.

To learn more about mining permits in North Carolina, visit: NC DEQ: Mining Program. To learn more about the ATVM Loan Program, visit: Advanced Technology Vehicles Manufacturing Loan Program | U.S. Department of Energy.

About Piedmont Lithium

Piedmont Lithium 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. The centerpiece of our operations, located in the renowned Carolina Tin Spodumene Belt of North Carolina, when combined with equally strategic and in-demand mineral resources, and production assets in Quebec, and Ghana, we believe positions us to be one of the largest, lowest cost, most sustainable producers of battery-grade lithium hydroxide in the world. Our diverse asset base is strategically located to serve the fast-growing North American electric vehicle supply chain. The unique geology, geography and proximity of our resources, production operations and customer base, will allow us to deliver valuable continuity of supply of a high-quality, sustainably produced lithium hydroxide from spodumene concentrate, preferred by most EV manufacturers. We believe that our diversified operations will enable us to play a pivotal role in supporting America’s move toward decarbonization and the electrification of transportation and energy storage. As a member of organizations like the International Responsible Mining Association, and the Zero Emissions Transportation Association, we are committed to protecting and preserving our planet for future generations, and to making economic and social contributions to the communities we serve. For more information, see 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; current plans for Piedmont’s mineral and chemical processing projects; strategy; and expectations regarding permitting. 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 will be unable to commercially extract mineral deposits, (ii) that Piedmont’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 and approvals, (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 Quebec and IronRidge Resources, (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 presentation and actual events, results, performance and achievements could vary significantly from the forward-looking statements, projections and estimates presented in this presentation. 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.

Piedmont Completes Initial Investment in Ironridge

Strategic Investment in Ghana Lithium Portfolio Supports Growth Plans

  1. Piedmont Lithium has completed a 9.9% investment in IronRidge Resources
  2. Earn-in agreement via staged investments to acquire a 50% stake in IronRidge’s Ghana lithium portfolio
  3. Supply agreement gives Piedmont rights to 50% of Ghanaian spodumene concentrate (“SC6”) production
  4. SC6 supply provides options for staged lithium hydroxide production expansion in North Carolina or Quebec

BELMONT, N.C. – Piedmont Lithium Inc. (Nasdaq: PLL) (“PLL”) is pleased to announce that the Company has completed a 9.9% investment in IronRidge Resources (AIM: IRR) (“IRR”) following satisfaction of conditions pursuant to the Subscription Agreement between PLL and IRR announced July 1, 2021.

Piedmont previously entered into a Project Agreement with IRR to acquire up to 50% of IRR’s lithium portfolio in Ghana via staged investments over 3-4 years supporting exploration, definitive feasibility study, and initial capital costs for IRR’s Ewoyaa Project. The Ewoyaa Project has an initial Mineral Resource estimate of 14.5Mt at 1.31% Li2O[1].

An SC6 supply agreement signed between PLL and IRR in June 2021 gives Piedmont the right to purchase 50% of the production from the Ewoyaa Project at market pricing terms for life-of-mine. A scoping study announced by IRR in January 2021 outlined a business case for 295,000 tons per year (“t/y”) of SC6 production from the Ewoyaa Project. Ewoyaa is approximately 70 miles from the port of Takoradi with favorable logistics to ports in North America[2].

SC6 production from Ewoyaa is expected to support Piedmont’s future lithium hydroxide production plans in North America. Offtake rights from Ewoyaa could support a phased expansion of the Carolina Lithium Project in North Carolina or provide optionality for lithium hydroxide production in Quebec in combination with SC6 offtake from Sayona Quebec and North American Lithium.

Keith D. Phillips, President and Chief Executive Officer, commented: “We are pleased to have concluded this investment in IronRidge and look forward to partnering with IRR to maximize the potential of the Ghana Lithium Portfolio. Ewoyaa is a high-quality asset with the potential for low capital and operating costs, and the broader portfolio offers tremendous exploration upside. We are currently evaluating options for production of lithium hydroxide from Ewoyaa’s SC6 supply and will provide updates as these studies progress. Our Ghanaian investments complement our existing investments in Quebec, and our wholly owned flagship Carolina Lithium Project in Gaston County, North Carolina, as we further execute on our strategy to become North America’s leading lithium hydroxide producer.”

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. The centerpiece of our operations, Carolina Lithium, is located in the renowned Carolina Tin Spodumene Belt of North Carolina. Combining our U.S. assets with equally strategic and in-demand mineral resources, and production assets in Quebec and Ghana, positions us to be one of the largest, lowest cost, most sustainable producers of battery-grade lithium hydroxide in the world. We will also be the most strategically located to best serve the fast-growing North American electric vehicle supply chain. The unique geology, geography and proximity of our resources, production operations and customer base, will allow us to deliver valuable continuity of supply of a high-quality, sustainably produced lithium hydroxide from spodumene concentrate, preferred by most EV manufacturers. Our diversified operations will enable us to play a pivotal role in supporting America’s move toward decarbonization and the electrification of transportation and energy storage. For more information, 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; current plans for Piedmont’s mineral and chemical processing projects; strategy; and expectations regarding permitting. 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 will be unable to commercially extract mineral deposits, (ii) that Piedmont’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, (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 Quebec and IronRidge Resources, (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 presentation and actual events, results, performance and achievements could vary significantly from the forward-looking statements, projections and estimates presented in this presentation. 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.

Cautionary Note to United States Investors Concerning Estimates of Measured, Indicated and Inferred Mineral Resources

The information contained herein and previously reported by IronRidge Resources has been prepared in accordance with the requirements of the securities laws in effect in Australia, which differ from the requirements of United States securities laws. The terms “mineral resource”, “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource” are Australian mining terms defined in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the “JORC Code”). Comparable terms are now also defined by the U.S. Securities and Exchange Commission (“SEC”) in its newly adopted Modernization of Property Disclosures for Mining Registrants as promogulated in its S-K 1300 standards.  While the guidelines for reporting mineral resources, including subcategories of measured, indicated, and inferred resources, are largely similar for JORC and S-K 1300 standards, information contained herein that describes IronRidge Resources’ mineral deposits is not fully comparable to similar information made public by U.S. companies subject to reporting and disclosure requirements under the U.S. federal securities laws and the rules and regulations thereunder Piedmont does not guaranty or verify the accuracy of any disclosure made by IronRidge Resources.

1 Refer to IRR announcement dated January 28, 2020.

2 Refer to IRR announcement dated January 19, 2021.

Piedmont and Sayona Complete Acquisition of NAL

Creation of Abitibi Hub in Québec for Lithium Projects

  1. Piedmont Lithium and Sayona Mining (ASX:SYA) complete acquisition of North American Lithium
  2. Combining Authier and NAL creates a potential lithium production hub in the Abitibi region of Québec
  3. Studies underway for future restart of lithium production in Québec
  4. Evaluation of alternatives for Québec-based lithium hydroxide manufacturing commencing

BELMONT, N.C. – Piedmont Lithium Inc. (Nasdaq: PLL) is pleased to announce that Sayona Québec has completed its acquisition of North American Lithium Inc. (“NAL”) pursuant to the Share Purchase Agreement previously announced on June 30, 2021. Sayona Quebec is 25% owned by Piedmont Lithium and 75% owned by Sayona Mining. Piedmont Lithium is Sayona Mining’s largest shareholder at 18.8%.

Piedmont and Sayona are now advancing technical studies for the future restart of NAL’s spodumene concentrate operations, with a Scoping Study expected in H2 2021. Additionally, studies have commenced for the manufacturing of lithium chemicals in the Province of Québec, which could position the province to become an important lithium hydroxide production center given its abundant mineral resources, low-cost, sustainable hydro-electric power, proximity to major U.S. and European electric vehicle markets, and pro-electrification stance of provincial leaders.

North American Lithium’s Spodumene Concentrator

Keith D. Phillips, President and Chief Executive Officer, commented: “We are very pleased to have partnered with Sayona in the consolidation of the spodumene resources in the Abitibi region of Québec, with Sayona Québec now comprising a large Canadian lithium resource base. Importantly, North American Lithium is a past-producing business with $400mm of investment over the past decade. NAL’s concentrate operations are amenable to a relatively rapid restart and we will work with Sayona to develop suitable plans in that regard. We are also evaluating a variety of options for production of lithium hydroxide in Québec and will update the market further as our plans crystallize. Piedmont intends to become North America’s leading lithium hydroxide producer and our Québec investments are an ideal complement to our flagship Carolina Lithium Project in Gaston County, North Carolina.”

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. The centerpiece of our operations, Carolina Lithium, is located in the renowned Carolina Tin Spodumene Belt of North Carolina. Combining our U.S. assets with equally strategic and in-demand mineral resources, and production assets in Quebec and Ghana, positions us to be one of the largest, lowest cost, most sustainable producers of battery-grade lithium hydroxide in the world. We will also be the most strategically located to best serve the fast-growing North American electric vehicle supply chain. The unique geology, geography and proximity of our resources, production operations and customer base, will allow us to deliver valuable continuity of supply of a high-quality, sustainably produced lithium hydroxide from spodumene concentrate, preferred by most EV manufacturers. Our diversified operations will enable us to play a pivotal role in supporting America’s move toward decarbonization and the electrification of transportation and energy storage. For more information, 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; current plans for Piedmont’s mineral and chemical processing projects; strategy; and expectations regarding permitting. 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 will be unable to commercially extract mineral deposits, (ii) that Piedmont’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, (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 Quebec and IronRidge Resources, (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 presentation and actual events, results, performance and achievements could vary significantly from the forward-looking statements, projections and estimates presented in this presentation. 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.

Usando a função For em Java

Porém, se você declarar a variável fora do loop for , ela terá um escopo global. Em outras palavras, você poderia acessá-lo e ao valor atribuído a ele fora da instrução for. Caso seja necessário fazer uma transformação no dado antes de passá-lo para o próximo método do stream, utiliza-se o método map. O método forEach que utilizamos acima é uma operação final, ou terminal, https://runite.mn.co/posts/54109747 pois depois dela nada mais pode ser feito. Apesar da nova sintaxe ter facilitado muito a vida de desenvolvedores java, ela ainda não tirou proveito da programação funcional e é fortemente imperativa. Se olharmos de maneira um pouco mais aprofundada para os dois, veremos que são iteradores diferentes e que se comportam de maneira bastante diversa entre si.

Mas se entendi bem o seu problema, o que você precisa está nesse código aqui. Pode ser que você encontre algum erro de sintaxe, é porque não prático desenvolvimento todos os dias, principalmente em Java. Estou estudando Java e estou com um problema em um código que escrevi. Preciso ler o nome e a idade de 3 pessoas e dizer o nome da mais nova e o nome da mais velha. O código dá um InputMismatchException sempre na segunda volta.

Loop For marcado

Dessa forma, queremos que haja (ou não) alguma alteração em determinada variável “enquanto” ela é definida por determinado valor, explicando da forma mais simples possível. O laço For é recomendado para ser usado quando temos um número fixo de iterações necessárias para o loop. Com isso, é possível iterar partes de nosso programa, assim como mostramos anteriormente, quando explicamos o que é o laço For. Como já citamos no início de nosso material, o Loop For não é o único laço de repetição presente na linguagem Java.

for em java

Pacotes e bibliotecas usados em Java, certamente, terão algumas otimizações possíveis no quesito desempenho ao optarem por esse método. Como vimos no decorrer de nosso guia, o laço For em Java deve ser aprendido pelos programadores iniciantes que pretendem usar a linguagem Java na construção de suas aplicações. Conferimos, também, que o Loop For pode ser mais adequado para o uso em algumas aplicações do que outros recursos, como o loop While. “While” é uma palavra inglesa que significa “enquanto”, em português.

Como entender, em 5 exemplos de uso, o loop forEach?

Vejamos o exemplo abaixo que filtra alguns resultados antes de apresentá-los. Concluindo, vimos que o Java forEach é um elemento que pode ser implementado a partir da versão do Java 8 e vem sendo atualizado desde então. Na maior parte das vezes, ele pode ser mais conveniente para a implementação do que o loop for convencional. https://www.prestashop.com/forums/profile/1842650-tumpa54dfg/ É um laço For que busca uma correspondência pré-determinada para funcionar. Aqui, programamos que a alteração da variável — diminuir 1 do valor total — seja realizada a cada vez que seja identificada com o valor de 1, ou maior. Como já comentamos anteriormente, com a estrutura Set também é possível utilizar For-Each.

  • Com o lançamento do Java 8 e da Stream API e a possibilidade de programação funcional em Java, foi possível deixar a sintaxe mais enxuta ainda com a operação forEach da API.
  • Dessa forma, o for-each loop alterna o “o quê” e “como” ele fará a iteração.
  • Como já citamos no início de nosso material, o Loop For não é o único laço de repetição presente na linguagem Java.
  • Para saber assim que eu compartilhar, é só me seguir, os links estão no final deste artigo.
  • Embora frequentemente os programadores usem um contador i genérico, o uso de contadores genéricos torna-se confuso quando vários loops interagem.

Em alguns casos, no entanto, precisamos acessar coleções de estruturas de dados específicas, por exemplo. O uso do forEach(), como iterador, pode providenciar um processamento significativamente mais rápido para as operações. Essa checagem é o que define se o nosso laço For continuará ou será interrompido. O laço For possibilitará a execução de determinada variável em nosso programa, a qual é iniciada pelo loop.

Loops em Java – For, While e Do While

Uma boa maneira de visualizar como os loops for aninhados funcionam é criar o seguinte padrão com um loop for aninhado. A condição que determina por quanto tempo o loop continuará está localizada entre os colchetes. A primeira instrução é executada uma vez quando o loop for é iniciado. https://puce-rabbit-htm46z.mystrikingly.com/ Os pontos-e-vírgulas marcam o fim da instrução1 e da condição. Normalmente, as instruções são usadas para criar um contador e a condição interrompe o loop quando o contador atinge um número específico. Finalmente, o código que é executado em cada loop é colocado entre as chaves.

  • No entanto, se você não estiver familiarizado com Java, é recomendável ler um tutorial para iniciantes antes de aprender tópicos avançados, como loops for.
  • É importante saber que cada uma é realizada na sequência em que é executada pelo código.
  • Dominar o uso do laço for em Java é essencial para qualquer desenvolvedor que deseje escrever código limpo, eficiente e fácil de entender.
  • Se olharmos de maneira um pouco mais aprofundada para os dois, veremos que são iteradores diferentes e que se comportam de maneira bastante diversa entre si.

Carolina Lithium Permitting Update

Gaston County review will allow time for constructive engagement

BELMONT, N.C. –
Piedmont Lithium Inc. (Nasdaq: PLL) (ASX: PLL) (“Piedmont” or the “Company”) is providing the following update as to the county rezoning process for its Carolina Lithium Project.

On August 6, 2021, during a special meeting of the Gaston County Board of Commissioners, the commissioners voted to approve a 60-day temporary development moratorium in new approvals for mining and quarrying activities in order to review the county’s current industry regulations and their potential impact on future operations. The Company looks forward to constructive engagement with the county commissioners and staff on the many important matters subject to their review.

“We would like to thank the Gaston County Board of Commissioners for their leadership in creating this framework and review structure where the County and Company can move forward together. We wholeheartedly agree that it’s important for the commissioners to have the time to review existing state and county regulations and how they may apply to plans for the Carolina Lithium Project,” said Piedmont Lithium CEO Keith Phillips.

“We note that counsel representing the county made clear in a statement during the special meeting that Gaston County supports economic growth and development, and that the resolution is not intended to stop mining but rather to give the county time to perform their due diligence. We look forward to engaging with the commissioners and the broader community regarding our commitment to environmental stewardship and economic prosperity for the county as we work to advance the United States supply chain for a low-carbon economy.”

Piedmont also confirmed that the Company is on track to publish its upcoming Definitive Feasibility Study in 2H 2021 and the Company will continue to work on the state and county level permits that are required for the Project.

About Piedmont Lithium

Piedmont Lithium (Nasdaq:PLL, ASX:PLL) is developing a world-class integrated lithium business in the United States, enabling the transition to a net zero world and the creation of a clean energy economy in America. Our location in the renowned Carolina Tin Spodumene Belt of North Carolina, the cradle of the lithium industry, positions us to be one of the world’s lowest cost producers of lithium hydroxide, and the most strategically located to serve the fast-growing U.S. electric vehicle supply chain. The unique geographic proximity of our resources, production operations and prospective customers places us on the path to be the most sustainable producer of lithium hydroxide in the world and should allow Piedmont to play a pivotal role in supporting America’s move to the electrification of transportation and energy storage. For more information, please 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; current plans for Piedmont’s mineral and chemical processing projects; strategy; and expectations regarding permitting. 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 will be unable to commercially extract mineral deposits, (ii) that Piedmont’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, (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 Quebec and IronRidge Resources, (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 presentation and actual events, results, performance and achievements could vary significantly from the forward-looking statements, projections and estimates presented in this presentation. 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.

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

For further information, contact:

Keith D. Phillips

President & CEO

T: +1 973 809 0505

E: kphillips@piedmontlithium.com

Brian Risinger

Vice President – Corporate Communications

T: +1 704 910 9688

E: brisinger@piedmontlithium.com