Piedmont Lithium (Nasdaq: PLL; ASX: PLL) is one of only two U.S.-domiciled lithium companies actively supplying the market today. We are advancing a global, multi-asset business with the mission to become a leading North American supplier of lithium products to support the electrification revolution and the battery manufacturing industry.

Piedmont’s strategy is based on hard rock production. We believe spodumene concentrate represents the lowest-risk and most commercially scalable raw material resource. Our goal is to play a key role in U.S. efforts to reduce our country’s reliance on foreign nations for critical minerals – crucial to the future of our nation’s energy security.

As the demand for electrification grows across transportation, storage, and consumer products, the United States is approximately four times more reliant on China for critical minerals and their processing than it was on the Middle East at the peak of the nation’s oil dependence.¹ Today, China produces approximately 72%² of the world’s lithium supply, while the U.S. produces only 5%.² Over the next decade, American battery manufacturing projects to support the electrification sector are projected to require more than 35 times the current domestic lithium hydroxide production capacity.

Through our global portfolio of hard rock projects, Piedmont Lithium is positioned to quadruple the annual U.S. production capacity to support our country’s energy independence and build a robust domestic battery supply chain for American jobs, American manufacturing, and American electrification.