Is It Time to Get into Piedmont Lithium Pre-Production?
Development-stage integrated lithium company Piedmont Lithium Inc. (NYSE: PLL) stock has been trading in an ever tighter trading range. Lithium is ...
Development-stage integrated lithium company Piedmont Lithium Inc. (NYSE: PLL) stock has been trading in an ever tighter trading range. Lithium is crucial for operating electric vehicles (EVs) as they are the key material necessary to make rechargeable batteries. Piedmont has gained a large following and established itself as a future major supplier of lithium in the U.S. In contrast to industry giants like Albermarle Co. (NYSE: ALB), Piedmont has yet to generate revenues. The company plans to supply lithium hydroxide to North America's EV industry and battery manufacturing chains by processing spodumene concentrate from its properties.