November 9, 2021 (Business Wire) – Piedmont Lithium Inc., (“Piedmont” or the “Company”) (NASDAQ: PLL; ASX: PLL), a leading developer of lithium hydroxide production to enable the North American electric vehicle supply chain, today released a new Corporate Overview Presentation. The updated presentation includes information addressing overall market conditions, lithium supply and demand projections from industry analysts, pricing trends, as well as a status update on Piedmont’s multiple resources in North Carolina, Quebec, and Ghana.
“The tremendous momentum in the EV industry continues to accelerate, especially in North America with near daily expansion announcements from battery makers and electric vehicle makers alike. One thing that remains a constant in this electric environment is the need for lithium to power the industry’s projected growth,” said Piedmont President and CEO, Keith Phillips. “A company that controls a critical mass of spodumene with the ability to cost-effectively produce battery-grade lithium hydroxide, is well positioned to serve the fast-growing EV market, while returning increasing value to shareholders. And that is exactly how we are building our company,” added Phillips.
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 indemand 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, www.piedmontlithium.com.
October 28, 2021 (Business Wire) – Piedmont Lithium Inc., (“Piedmont” or the “Company”) (NASDAQ: PLL; ASX: PLL), a leading developer of lithium hydroxide production to enable the North American electric vehicle supply chain, today announced that Monique Parker has joined the Company as Vice President of Health, Safety, and Environment. Reporting to Chief Operating Officer, David Klanecky, Ms. Parker brings more than a decade of experience managing environmental, health and safety operations for some of the most recognized manufacturers in the United States, such as Albemarle Corporation, Owens Corning, and Unilever. Ms. Parker also acquired several years of experience in other business leadership positions, where she was involved in strategy development, customer relationship management, new product development, operations, logistics and sales, within Albemarle’s Lithium Salts business.
“Monique brings a unique leadership perspective to this role having been involved in multiple business areas beyond health, safety, and environment,” commented Piedmont Lithium President and CEO, Keith Phillips. “When combined with her experience in the lithium space, her holistic view will be extremely important to our organization as we begin to build our integrated operations from the ground up understanding the critical importance of health, safety, and the environment, all of which are fundamental pillars of our operating philosophy.”
Ms. Parker joins Piedmont from Albemarle Corporation where she has held positions ranging from Business Unit HSE Director, Global Quality Director, and Business Process Improvement Director to Senior Global Business and New Product Development Leader. Prior to her time at Albemarle, she held several positions with Owens Corning, including Environmental, Health and Safety Leader where she led environmental and safety programs for multiple sites, executed the company’s environmental permitting process, as well as its programs focused on reducing waste to landfills. Ms. Parker began her career as a Manager of Environmental, Health and Safety with Hexcel Corporation.
Ms. Parker earned her Bachelor of Science in Chemical Engineering from Tennessee Technological University and is credentialed as a Certified Safety Professional (CSP) and an ISO 9001 Lead Auditor.
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, www.piedmontlithium.com.
Inaugural Mineral Resources reported under new U.S. S-K 1300 Standards
Carolina Lithium Project total Mineral Resources increase to 44.2 Mt @ 1.08% Li2O
Indicated Mineral Resources increased 101% to 28.2 Mt @ 1.11% Li2O for the Project
DFS completion for the integrated 30,000 t/y LiOH Carolina Lithium Project expected within Q4 2021
BELMONT, NC – Piedmont Lithium Inc. (Nasdaq: PLL) (“Piedmont” or “Company”) is pleased to announce an updated global Mineral Resource estimate (“MRE”) (Table 1) for the Company’s flagship Carolina Lithium Project in North Carolina, USA. The MRE includes updates for lithium and industrial mineral products. The total MRE for the project is 44.2 Mt @ 1.08% Li2O, with 64% of the total MRE classified in the Indicated category. The Mineral Resource estimate reported in accordance with the U.S. Securities and Exchange Commission S-K 1300 standards and the Australasian JORC Code (2012 Edition).
Table 1: Carolina Lithium Project – Summary of Mineral Resources Estimate at October 20, 2021 Based on Long-Term Pricing of US$ 15,239/t LiOH*H2O
Resource Category
Tonnes
(Mt)
Grade
(Li2O%)
Li2O
(t)
LCE
(t)
LiOH·H2O
(t)
Cut-Off Grade (% Li2O)
Metallurgical Recovery
(%)1
Indicated
28.2
1.11
313,000
774,000
879,000
0.4
71.2
Inferred
15.9
1.02
162,000
401,000
455,000
Total
44.2
1.08
475,000
1,175,000
1,334,000
Note 1 – Overall metallurgical recovery from spodumene ore to lithium hydroxide monohydrate
Keith D. Phillips, President and Chief Executive Officer, commented: “We are very pleased to have concluded our Phase 5 drill campaign and to further expand our world-class resource base. Carolina Lithium has one of the largest spodumene resources in North America, and the only one located in the United States. The increase in ‘Indicated’ resources of over 100% relative to resources previously reported under Australian standards, will underpin the definitive feasibility study for Carolina Lithium that we plan to publish later in 2021. The DFS will be another important step along the path to building America’s leading lithium business to support and enable the rapidly-growing electric vehicle supply chain in the United States.”
The Company intends to file an inaugural Technical Report Summary in accordance with the United States Securities and Exchange Commission Regulation S-K 1300 Modernization of Property Disclosures requirements in the Company’s next Quarterly Report on Form 10-Q.
The updated Mineral Resources will be incorporated into the upcoming Definitive Feasibility Study of the Carolina Lithium Project, which the Company expects to complete within Q4 2021.
Piedmont holds a 100% interest in the Carolina Lithium Project located within the Tin-Spodumene Belt and along trend to the Hallman Beam and Kings Mountain mines, which historically provided most of the western world’s lithium between the 1950s and the 1980s.
The Project is located in a rural area of Gaston County, North Carolina, USA approximately 40 km northwest of the city of Charlotte. The Project is located on the Bessemer City, Lincolnton West, and Lincolnton East United States Geological Survey (USGS) Quadrangles. The coordinate system and datum for the modeling is UTM-17N, NAD-83. The Property is centered at approximately 35°23’20”N 81°17”20”W and is comprised of approximately 3,245 total acres, of which 1,526 acres are claims on private property through option or deferred purchase agreements, 113 acres are under a long-term mineral leased agreement, 79 acres are under lease to own agreements, and 1,527 acres are owned by Piedmont. For the properties hosting the MREs in this report, Piedmont controls 100% of the surface and mineral rights per one or more agreement scenarios.
Global Mineral Resources
The Global Mineral Resource estimate, reported in Table 1, includes an update of lithium and by-product Mineral Resources for the Core property and the Central and Huffstetler Mineral Resources previously reported under Australian standards on 9 June 2021. The details of the three MREs are summarized in Table 2. Central and Huffstetler properties are within one mile of the Core property along the trend of the Carolina Tin-Spodumene Belt (Figure 2). The mineral percentages for the MRE were derived from a normative mineralogical calculation using XRF major oxide analysis for spodumene bearing pegmatites within the current lithium Mineral Resource.
The Qualified Person concludes that sufficient data have been obtained through various exploration, sampling, and metallurgical testwork programs to support the geological interpretation of lithium-bearing pegmatite deposits on the Property. The data are of sufficient quantity and reliability to reasonably support the MRE. The MRE has been classified as Indicated and Inferred based on the guidelines specified by S-K 1300 and the JORC Code (2012 Edition). Classification is based upon an assessment of geological understanding of the deposit, geological and grade continuity, drill hole spacing, quality control results, search and interpolation parameters, and an analysis of available density information. Modeled Mineral Resources for each deposit appear to be of sufficient grade, quality, quantity, and coherence to have reasonable prospects for eventual economic extraction by open pit mining methods.
The Mineral Resource is based on an overall metallurgical recovery from spodumene to lithium hydroxide of 71.20%.
The updated lithium and by-product Mineral Resources will support the completion of a Definitive Feasibility Study with an estimated completion date within Q4 2021.
Table 2: Carolina Lithium Project – Summary of By-Product Quartz, Feldspar, and Mica Mineral Resources Estimates Based on Long-Term Pricing of US$ 15,239/t LiOH*H2O, Average By-Product Pricing of US$ 79.50/t
Li2O
Quartz
Feldspar
Mica
Cut-Off Grade (Li2O %)
0.4
0.4
0.4
0.4
Metallurgical Recovery (%)
71.21
50.8
51.1
35.5
Category
Deposit
Tonnes (Mt)
Grade (%)
Tonnes (Mt)
Grade (%)
Tonnes (Mt)
Grade (%)
Tonnes (Mt)
Grade (%)
Tonnes (Mt)
Indicated
Core
25.75
1.10
0.282
29.59
7.62
45.06
11.60
4.29
1.10
Central
2.47
1.30
0.031
28.79
0.71
45.16
1.12
3.24
0.08
Huffstetler
0.00
0.00
0.000
0.00
0.00
0.00
0.00
0.00
0.00
Total
28.22
1.11
0.313
29.52
8.33
45.07
12.72
4.20
1.18
Inferred
Core
10.93
1.02
0.111
29.13
3.18
45.52
4.97
4.18
0.46
Central
2.69
1.10
0.030
29.99
0.81
43.88
1.18
4.08
0.11
Huffstetler
2.31
0.91
0.021
28.82
0.67
48.60
1.12
3.24
0.08
Total
15.93
1.02
0.162
29.22
4.66
45.67
7.28
4.03
0.64
MRE Total
44.15
1.08
0.475
29.42
12.99
45.30
20.00
4.12
1.82
Note 1 – Overall metallurgical recovery from spodumene ore to lithium hydroxide monohydrate
Figure 2 – Piedmont Carolina Lithium Project Mineral Resource location mapshowing updated MRE and resource constraining shells.
Core Property
This MRE update incorporates the results of 127 diamond core holes totaling 18,567 meters (Appendix 1) drilled during the recently completed Phase 5 drill program. The update has increased the Core property MRE by 16%, from the 31.68 Mt @ 1.07% Li2O, reported in April 2021, to 36.68 Mt @ 1.07% Li2O. The increase in MRE size has come from several areas with the most significant being in the north pit area where numerous laterally extensive pegmatite sills and inclined sheets have been discovered. Sills and inclined sheets are typically stacked with cumulative true thicknesses of 10 to 20 meters. Individual sheets have been traced for 500 meters along strike and 300 meters down dip and range up to 12 meters true thickness.
A primary objective of the Phase 5 drilling was to complete infill drilling at the Core property. Results from this drilling have increased the Mineral Resources in the Indicated category by 101% compared with the Mineral Resources previously reported on June 25, 2019. Indicated resources account for 70% of the updated Core Property MRE. Furthermore, 92% of the resource is within 150 m of the topography surface.
Figure 3 – Drillhole location map for the Core property
Summary of Resource Estimate and Reporting Criteria
The Mineral Resource estimate, representing in-situ lithium-bearing pegmatites, are reported in accordance with (SEC) Regulation S-K 1300 and are therefore suitable for public release. Lithium Mineral Resources include tonnage estimates for Li2O and lithium hydroxide (LiOH·H2O) whereby one tonne of Li2O is equivalent to 2.81 tonnes lithium hydroxide.
The resource has additionally been prepared in compliance with S-K 1300, JORC Code 2012 Edition and the ASX Listing Rules.
The following is a summary of the pertinent information used in the MRE.
Geology and Geological Interpretation
Regionally, the Carolina Tin-Spodumene belt extends for 40 kilometers along the litho tectonic boundary between the Inner Piedmont and Kings Mountain belts. The mineralized pegmatites are thought to be concurrent and cross-cutting dike swarms extending from the Cherryville granite, as the dikes progressed further from their sources, they became increasingly enriched in incompatible elements such as lithium (Li) and tin (Sn). The dikes are considered to be unzoned.
On the property scale, spodumene pegmatites are hosted in a fine to medium grained, weakly to moderately foliated amphibolites and metasediments. The spodumene pegmatites range from fine grained (aplite) to very coarse-grained pegmatite with primary mineralogy consisting of spodumene, quartz, plagioclase, potassium-feldspar and muscovite.
Drilling and Sampling Techniques
These resources are an update to the previous Mineral Resource estimates reported in June 2021 in which the resource was informed by 415 drillholes at the Core property. The current resource estimate is now informed by a total of 542 drillholes at the Core property. Table 4 shows the allocation of drillholes per property.
Table 4: Drill Hole Summary for the Mineral Resource Estimate Update
Property
Drill Type
Number of
Holes
Number of
Holes with XRF data
Core
Diamond and Rotary Sonic Core
542
303
Central
Diamond Core
36
22
Huffstetler
Diamond Core
14
14
All diamond drill holes were collared with HQ and were transitioned to NQ once non-weathered and unoxidized bedrock was encountered. Drill core was recovered from surface.
Oriented core was collected on select drill holes using the REFLEX ACT III tool by a qualified geologist at the drill rig. This data was highly beneficial in the interpretation of the pegmatite dikes.
The drill spacing is approximately 40 to 80 meters along strike and down dip. This spacing is sufficient to establish continuity in geology and grade for this pegmatite system.
Drill collars were located with the differential global positioning system (DGPS) with the Trimble Geo 7 unit which resulted in accuracies <1 meter. All coordinates were collected in State Plane and re-projected to Nad83 zone 17 in which they are reported.
Down hole surveying was performed on each hole using a REFLEX EZ-Trac multi-shot instrument. Readings were taken approx. every 15 meters (50 feet) and recorded depth, azimuth, and inclination. All holes were geologically and geotechnically logged. All holes were photographed prior to sampling. Sampled zones were subsequently photographed a second time after the samples had been marked.
The core was cut in half with a diamond saw with one half submitted as the sample and the other half retained for reference. Standard sample intervals were a minimum of 0.35 m and a maximum of 1.5 m for HQ or NQ drill core, taking into account lithological boundaries (i.e. sample to, and not across, major contacts). A CRM or coarse blank was included at the rate of one for every 20 drill core samples (i.e. 5%). Sampling precision is monitored by selecting a sample interval likely to be mineralized and splitting the sample into two ¼ core duplicate samples over the same sample interval. These samples are consecutively numbered after the primary sample and recorded in the sample database as “field duplicates” and the primary sample number recorded. Field duplicates were collected at the rate of 1 in 20 samples when sampling mineralized drill core intervals.
Sample Analysis Method
Normative mineralogy was calculated from total fusion X-ray fluorescence (XRF) major element data using a least squares method (MINSQ – Herrmann, W. and Berry, R.F., 2002, Geochemistry: Exploration, Environment, Analysis, volume 2, pp. 361-368). The normative calculations were validated against and corrected where necessary using X-ray diffraction (XRD) Rietveld semi-quantitative mineralogical data from 38 sample pulps selected to represent a range of chemical compositions and mineralogy, as well as 3 QEMSCAN analyses of composite samples prepared for metallurgical test work.
Resource Estimation Methodology
Lithological and structural features were defined based upon geological knowledge of the deposit derived from drill core logs and geological observations on surface. Wireframe models of 92 pegmatite bodies were created in Micromine® by joining polygon interpretations made on cross sections and level plans spaced at 40 meters. Weathering profiles representing the base of saprolite and overburden were modelled based upon drill hole geological logging. Modelling utilized a topographic digital terrain model (“DTM”) that incorporates LiDAR and photogrammetry data with high accuracy RTN-GPS survey control. The LiDAR data has an accuracy class of +/- 0.1 meters.
Rotated block models were constructed in Micromine® that encompass all modelled dikes using parent cell sizes of 6 m (E) by 12 to 18 m (N) by 6 to 18m (Z). The drill hole files were flagged by the pegmatite and weathering domains they intersected. Statistical analysis of the domained data was undertaken in Supervisor®. Samples were regularized to 1 meter composite lengths. Regularized weight percent mineral grades within the pegmatite model were analyzed to confirm the suitability of the Ordinary Kriging method also used for the lithium Mineral Resource estimate. For each modelled pegmatite, regularized compositional grades for spodumene, quartz, albite, K-spar and muscovite were interpolated into the corresponding pegmatite block model along with grades for biotite and other gangue minerals. Albite and K-spar grade estimates are summed to generate a compositional grade estimate for feldspar by-product.
Block grade interpolation was validated by means of swath plots, comparison of sample and block model mineral grade averages and correlation coefficients, and by overlapping mineral grade distribution charts for sample and block model data. Cross sections of the block model with drill hole data superimposed were also reviewed.
Classification Criteria
Resource classification parameters are based on the validity and robustness of input data and the estimator’s judgment with respect to the proximity of resource blocks to sample locations and confidence with respect to the geological continuity of the pegmatite interpretations and grade estimates.
All blocks captured in pegmatite dike interpretation wireframes below the topography surface are classified as Inferred. Indicated classification boundaries define regions of blocks that, overall, meet the following criteria: Within major pegmatite dikes that are informed by at least two drill holes within a range of approximately 25 meters to the nearest drill hole in the along strike and down dip directions.
No Measured category resources are estimated.
Cut-Off Grade, Mining and Metallurgical Methods and Parameters
The Mineral Resource Estimate is reported at a 0.4% Li2O cut-off grade, in line with cut off grades utilized at comparable deposits. The economic extraction of by-product minerals is contingent on the economic extraction of lithium mineral resources at the Project. Accordingly, the by-product Mineral Resource Estimate is also reported at a 0.4% Li2O cut-off grade.
The depth, geometry, and grade of pegmatites at the property make them amenable to exploitation by open cut mining methods. The Core resource model is constrained by a conceptual pit shell derived from a Whittle optimization using estimated block value and mining parameters appropriate for determining reasonable prospects of economic extraction. These include: maximum pit slope of 50° and strip ratio of 12, mining cost of US$2.90/t, spodumene concentration cost of US$25/t, processing cost of US$2,616/t LiOH·H2O, commodity price equivalent to US$15,239/t LiOH·H2O and with appropriate recovery and dilution factors. Material falling outside of this shell is considered to not meet reasonable prospects for eventual economic extraction.
Conceptual shells for Central and Huffstetler resource models, developed using the above parameters, extended to the base of the resource models and beyond the modelled strike extent of the resource model where the deposits are open. Accordingly, the entire Central and Huffstetler resource models are considered to have reasonable prospects of eventual economic extraction.
Reasonable prospects for metallurgical recovery of spodumene and by-product minerals are supported by the results of the variability and composite sample test work undertaken at SGS laboratories in Lakefield, Ontario and previously announced on May 13, 2020. Bulk samples of the quartz, feldspar and mica co-products from the Project have been evaluated for attributes such as product size distribution, chemical composition, purity, and color. Test work results demonstrate that by-products have specifications that are marketable to prospective regional customers and strategic partners in the solar glass, engineered quartz, ceramic tile, and other industrial minerals markets.
Future Exploration
Piedmont plans to release a Definitive Feasibility Study for the project within Q4 2021. Piedmont continues to evaluate newly acquired properties within the Carolina Tin Spodumene Belt for lithium mineralization.
The Qualified Person recommends the following actions are completed to support the ongoing Mineral Resource development effort at the Carolina Lithium Project:
Investigate shallow portions of Core Property deposits deemed amenable to early-stage mining through infill drilling and appropriate surface methods, at 20 m to 40 m spacings. An understanding of the short-range variability of mineralization, pegmatite dike orientation, and weathering should be developed, and Measured resource classification criteria established.
Model the extent of major metavolcanic and metasedimentary host rock units to support mine planning at the Core property. Models will improve bulk density estimation and support environmental and geotechnical characterization of waste rock.
Conduct infill drilling to increase data density and support the upgrading of Mineral Resources from Inferred to Indicated throughout the Project.
Undertake a study to identify new exploration targets and prioritize step-out drill targets that expand defined resource pegmatites.
To support exploration targeting across its properties, and to direct future property acquisitions, Piedmont should continue to synthesize a mineral system model for spodumene bearing pegmatites along the TSB.
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 by Piedmont has been prepared in accordance with the requirements of the securities laws in effect in the United States and Australia. The terms “mineral resource”, “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource” are used herein as defined by the U.S. Securities and Exchange Commission (“SEC”) in Regulation S-K, Item 1300 (“S-K 1300”) and as defined in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the “JORC Code”).
Qualified Persons Statement
The information in this announcement that relates to Exploration Results is based on, and fairly represents, information compiled or reviewed by Mr. Lamont Leatherman, a Qualified Person who is a Registered Member of the ‘Society for Mining, Metallurgy and Exploration’, a ‘Recognized Professional Organization’ (RPO). Mr. Leatherman is an employee of the Company. Mr. Leatherman has sufficient experience that is relevant to the style of mineralization and type of deposit under consideration and to the activity being undertaken to qualify as a Qualified Person as defined in S-K 1300 and as a Competent Person as defined in the JORC Code. Mr. Leatherman consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
The information in this report that relates to Exploration Targets and Mineral Resources is based on, and fairly represents, information compiled or reviewed by Mr. Leon McGarry, a Qualified Person who is a Professional Geoscientist (P.Geo.) and registered member of ‘Professional Geoscientists Ontario’ (PGO no. 2348), a ‘Recognized Professional Organization’ (RPO). Mr. McGarry is a Principal Resource Geologist and full-time employee at McGarry Geoconsulting Corp. Mr. McGarry has sufficient experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity which he is undertaking to qualify as a Qualified Person as defined in S-K 1300 and the JORC Code. Mr. McGarry consents to the inclusion in this report of the results of the matters based on his information in the form and context in which it appears.
Steve Keim is a licensed Professional Engineer (PE) and Registered Member of the Society of Mining Engineers (SME), Golden, Colorado, USA. Kevin Andrews is a Certified Professional Geologist (CPG) under requirements of the American Institute of Professional Geologists (AIPG) and a Registered Member of SME. SME and AIPG are Recognized Professional Organizations (RPO). Both Mr. Keim and Mr. Andrews are full-time employees of MM&A and are recognized as qualified individuals to review the resource estimate and associated data.
October 14, 2021 (Business Wire) – Piedmont Lithium Inc., (“Piedmont” or the “Company”) (NASDAQ: PLL; ASX: PLL), a leading developer of lithium hydroxide production to enable the North American electric vehicle supply chain, today announced that Krishna McVey has joined the Company as Vice President of Human Resources. Reporting to Chief Executive Officer, Keith Phillips, Ms. McVey brings a broad, multi-dimensional background in human resources to Piedmont that includes experience in all aspects of labor and employment law and human capital management. Over her career Ms. McVey has led several complex, transformational organizational initiatives, as well as leading talent acquisition and management, design and implementation of compensation performance systems, and the formulation of a wide range of organizational policies for multinational, multi-business unit companies.
“Kris is a welcome addition to our expanding leadership team, and we feel extremely fortunate to have someone with her background and unique skillset join the Piedmont family,” said CEO, Keith Phillips. “As we evolve from a pre-production, pre-revenue company, to a global, multi-asset organization with a growing workforce that could reach nearly 500 teammates, Kris’ diverse, international leadership experience will be invaluable in helping us build a world-class company, with a world-class culture, and world-class HR systems and practices.”
Ms. McVey joins Piedmont from TC Transcontinental Packaging where she rose from Global Director of Human Resources to Vice President of Human Resources and U.S. Labor Relations. In her most recent role, she oversaw all human resources activities for TC’s largest consumer packaging segment, including cultural change management initiatives, and labor relations strategies in the U.S. and Canada. Prior to her time at TC Transcontinental, she had a 15-year career with Michelin with positions in both France and North America. She began her tenure at Michelin as Associate General Counsel, then progressed through the organization to become Director of Human Resources with the Aircraft Tire Division of Michelin North America where she developed policies and procedures for both the hourly and salaried population of the 500-employee operation. Ms. McVey began her career in private practice with the law firm Edwards Ballard where she represented a variety of private and public employers developing human resources policies and diversity programs, while providing extensive legal training to clients in all areas of human resources and employee relations.
Ms. McVey earned her Juris Doctor in Labor and Employment Law from the University of South Carolina School of Law, her Master of Human Resources from the Darla Moore School of Business at the University of South Carolina, as well as her Bachelor of Arts (French) degree from the University of South Carolina. Over her career, Ms. McVey has served on the Board of several philanthropic and community organizations, including SAFE Homes/Rape Crisis, the United Way of Stanly County, and the Centralina Workforce Development Board.
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, www.piedmontlithium.com.
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.
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.
Также в настройках индикатора указываются периоды сглаживания %K и линии %D, которая представляет собой скользящую среднюю от %K.
Следовательно, мы будем открывать только длинные позиции.
Фактические торговые сигналы возникают в результате пересечения линии индикатора (%K) с сигнальной линией (%D).
Лейн рекомендовал пять дней в качестве периода для расчёта максимальной и минимальной цены.
Активизируется окно «Добавить график», в котором нужно найти стохастический осциллятор.
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.
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
“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.
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.
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.
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.
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.
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.
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