Piedmont Lithium to Boost Spodumene Shipments by 11% in 2025 After Sayona Merger

Piedmont Lithium

US Supplier Targets Higher Lithium Exports and Expands Carolina Project

Merger With Sayona Mining Set to Strengthen Offtake and Supply Chain

Piedmont Lithium, a US-based lithium supplier, plans to increase its spodumene concentrate shipments by up to 11% in 2025, following its merger with Sayona Mining. The company expects to ship 113,000–130,000 dry metric tonnes (dmt) of spodumene concentrate next year, up from 116,700 dmt in 2024.

Sayona Merger and Quebec Offtake Drive Growth

Piedmont aims to complete the Sayona Mining merger by mid-2025, aligning 2025 shipments with its offtake agreement with Sayona Quebec. This strategic partnership will help ensure a consistent supply of spodumene concentrate for global battery and electric vehicle markets. In 2024, Piedmont reported a realized price of $856/dmt, while its cost of sales was $763/dmt.

Carolina Lithium Project to Benefit From US Incentives

The company is also moving forward with its Carolina Lithium project in North Carolina, targeting annual production of 60,000 tonnes of lithium hydroxide. Piedmont is pursuing an air permit for the site, which stands to gain a 10% manufacturing credit under the Inflation Reduction Act. These incentives and expanded production capacity are poised to support the rising demand for US-sourced battery materials.