We are designing our Carolina Lithium project, located in Gaston County, North Carolina, to be a fully-integrated lithium project, with mining, spodumene concentrate production, and lithium hydroxide conversion occurring all on one site. We expect Carolina Lithium to be one of the world’s only fully integrated lithium operations and among the most sustainable lithium hydroxide operations of its kind. The project, currently in the development stage, is located on a world-class mineral resource within the renowned Carolina Tin-Spodumene Belt.

Carolina Lithium is well situated in a historical lithium region within the developing Battery Belt. The area features access to road and rail infrastructure, a highly skilled labor force, and low-cost and low-carbon sources of baseload grid power.

With ideal proximity to lithium and byproducts markets, the project is being designed to produce 30,000 metric tons of lithium hydroxide per year. This capacity would more than double the current American production capacity of approximately 20,000 metric tons annually and greatly contribute to U.S. energy security.

Piedmont Lithium applied for a state mining permit in August 2021 and has been working diligently with North Carolina Department of Environmental Quality’s Division of Energy, Minerals, and Land Resources throughout the permitting process. Our goal is to obtain our necessary permits in 2024 and advance toward approvals, construction, and lithium hydroxide production.