We are designing our Carolina Lithium project, located in Gaston County, North Carolina, to be a fully-integrated site. We expect it to be one of the world’s most sustainable lithium hydroxide operations. The project, currently in the development stage, is located on a world-class mineral resource within the renowned Carolina Tin-Spodumene Belt.
With ideal proximity to lithium and byproducts markets, the integrated project will consist of a proposed mine, spodumene concentrator, and lithium hydroxide conversion plant. It is expected to produce 30,000 MT of lithium hydroxide per year when fully operational. Our goal is to obtain necessary permits and approvals1 in 2023, commence construction in 2024, and begin production of spodumene concentrate and lithium hydroxide in 2026.
1 Primary construction and operating permits.
Proximity to expected customers reduces transportation distances for a more responsible supply chain emissions profile
On-site solar array is planned to supply much of the power needed for our lithium hydroxide production plant
Industry-leading sustainability profile, leveraging innovative Metso:Outotec technology
Single, integrated site, helping minimize land impact and reduce transportation requirements
Job creation supported by a skilled local workforce
In 2021, Piedmont Lithium redomiciled from Australia to the United States. Soon afterward, work began to expand our corporate headquarters in North Carolina – a state that we believe is quickly becoming a critical hub for the U.S. electrification industry.
In the past year, Toyota announced Rutherford County, North Carolina will be the home of its major, new electric vehicle (EV) battery plant. VinFast chose Chatham County, North Carolina for its new EV manufacturing site, and Forza X1 picked McDowell County, North Carolina for its electric-powered boat manufacturing plant.
We chose North Carolina as the home of our corporate headquarters due to its proximity to our proposed Carolina Lithium project as well as the electric vehicle supply chain. We believe we are uniquely positioned to deliver lithium hydroxide as a key resource to the market.
In August 2022, we celebrated the opening of our corporate headquarters at 42 E. Catawba Street in Belmont, NC. The repurposed office space is housed in the formerly unoccupied Belmont Savings and Loan building, which was renovated to help contribute to the revitalization of the city’s historic downtown district.