Projects
Tennessee Lithium
Tennessee Lithium is planned to be a world-class lithium hydroxide production facility. Located in the City of Etowah and McMinn County, the plant is expected to produce 30,000 MT of lithium hydroxide per year – double the amount of lithium hydroxide currently being produced in the United States.
An offtake agreement from Atlantic Lithium’s project in Ghana is expected to bring spodumene concentrate to the United States for production and conversion to lithium hydroxide at Tennessee Lithium.
We plan to invest approximately $600 million in the development of the operation, which is expected to drive significant economic activity and create approximately 120 new, direct jobs. Construction should begin in 20232, subject to permitting, with first production targeted for 2025.
1 Based on tonnage and a start-of-production date of 2025 when compared with public announcements from other development-stage projects.
2 Subject to receipt of permits and project financing.
Proximity to expected customers reduces transportation distances for a more responsible supply chain emissions profile
Excellent infrastructure, including rail, road, and river transportation
Industry-leading sustainability profile, leveraging innovative Metso:Outotec technology
Job creation supported by a skilled local workforce
Selecting Tennessee
In September 2022, Piedmont announced the selection of the city of Etowah and McMinn County as the site of Tennessee Lithium. We chose the region for several reasons including infrastructure, workforce, and business climate.
The location features access to excellent infrastructure including rail, road, and river transportation. Tennessee is home to a hardworking, talented workforce and a welcoming business climate.
With proximity to battery and automotive plants being constructed by prospective customers, the City of Etowah and McMinn County are also near Piedmont’s corporate headquarters and Carolina Lithium project.