Piedmont Lithium ("Piedmont" or the "Company") (Nasdaq: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, today announced that Ghana's Environmental Protection Agency ("EPA") has granted an environmental permit ("EPA Permit") to the Ewoyaa Lithium Project in Ghana. The Ewoyaa Project is being developed in partnership with Atlantic Lithium Limited ("Atlantic Lithium) (AIM:ALL, ASX:A11). In August 2023, the Company announced that it exercised its option to acquire a 22.5% interest in Ewoyaa, subject to government approvals, as part of its staged investment agreement to earn a 50% equity interest in Atlantic Lithium's Ghanaian lithium portfolio.
The information presented in this announcement was originally released by Atlantic Lithium. Atlantic Lithium's original announcement can be found here.
Piedmont Lithium Chief Operating Officer Patrick Brindle said the receipt of the EPA Permit marks a major milestone in the development of the Ewoyaa Project. "Our partners at Atlantic Lithium have demonstrated a strong commitment to responsible development of the Ewoyaa Project. Piedmont would like to express our gratitude to the EPA and to Atlantic Lithium for achieving this important step. We look forward to the ratification of the mining lease for the Ewoyaa Project in due course and the eventual construction of the project subject to remaining approvals and prevailing market conditions."
The statements in the link above were prepared by, and made by, Atlantic Lithium. The disclosures are not statements of Piedmont and have not been independently verified by Piedmont. Atlantic Lithium is not subject to U.S. reporting requirements or obligations, and investors are cautioned not to put undue reliance on these statements.
About Piedmont Lithium
Piedmont Lithium Inc. (Nasdaq: PLL; ASX: PLL) is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and the creation of a clean energy economy in North America. Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest. Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX: SYA) and in Ghana with Atlantic Lithium (AIM: ALL; ASX: A11). We believe these geographically diversified operations help us to play a pivotal role in supporting America's move toward energy independence and the electrification of transportation and energy storage.