Australia’s Sayona Mining buys US based Piedmont Lithium

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A rock stamped with a logo is displayed at Piedmont Lithium’s headquarters in Belmont, Gaston County, North Carolina, U.S., July 16, 2021. REUTERS

         Companies

  • Piedmont Lithium Inc
  • Sayona Mining Ltd
  • Tesla Inc
Nov 19 (Reuters) – Australia’s Sayona Mining (SYA.AX),  said on Tuesday it is buying U.S.-based Piedmont Lithium (PLL.O), in a deal that will consolidate their Canadian operations while shoring up exposure to the North American electric vehicle industry, including Piedmont customer Tesla (TSLA.O).

Reporting by Roshan Thomas in Bengaluru; Editing by Abinaya Vijayaraghavan

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