Piedmont Lithium Completes Merger with Sayona Mining, Forms Elevra Lithium
Piedmont Lithium Inc. has successfully merged with Sayona Mining Limited, forming Elevra Lithium, one of the largest hard-rock lithium platforms. This merger, approved by shareholders, aims to meet the rising demand for lithium in the global energy transition. Following the merger, Piedmont’s common stock will be delisted from Nasdaq and the Australian Securities Exchange. CEO Keith Phillips emphasized the strategic advantages of the merger, enhancing Elevra's position in the EV and stationary storage supply chains.
Piedmont Lithium Inc. has announced the successful completion of its merger with Sayona Mining Limited, resulting in the formation of a new entity named Elevra Lithium. This merger, approved by shareholders of both companies, combines their assets to create one of the largest hard-rock lithium platforms. The combined company is positioned to meet the increasing demand for lithium resources needed for the global energy transition. Following the merger, Piedmont’s common stock and Chess Depositary Interests will be delisted from the Nasdaq and the Australian Securities Exchange, respectively. Piedmont’s President and CEO, Keith Phillips, highlighted the strategic benefits of the merger, emphasizing the enhanced global footprint and strengthened scale, which positions Elevra as a leading supplier in the EV and stationary storage supply chains. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Piedmont Lithium Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250829103663) on August 29, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
