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Piedmont Lithium: Revises agreement with Tesla | Fintech InShorts: Latest fintech news, analysis by experts

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Piedmont Lithium: Revises agreement with Tesla

By Steve Sam

January 4, 2023

Piedmont Lithium Revises agreement with Tesla

Piedmont Lithium (PLL) amends its supply agreement with Tesla for spodumene concentrate from the North American Lithium project near Quebec
The revised off-take contract will see Piedmont deliver approximately 125,000 metric tons of SC6 spodumene concentrate to Tesla
The agreement is binding for a three-year term, starting from the second half of 2023
Piedmont told investors spodumene concentrate production is expected to restart at the project during H1 2023, with first commercial shipments anticipated for Q3
PiedmontLithium last traded at 65.5 cents on January 3

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