PLL and Sayona Mining Set to Merge to Form Leading Lithium Producer
Piedmont Lithium (PLL) ZACKS·2024-11-20 01:15
Piedmont Lithium (PLL) and Sayona Mining Limited have entered into an all-stock merger agreement to form a unified company, MergeCo, which will be focused on hard rock lithium production.The deal combines Piedmont Lithium and Sayona Mining’s complementary businesses and is expected to position the new entity as a leader in North American lithium production. MergeCo will have three high-quality development projects and the potential for brownfield expansion at North American Lithium (“NAL”). The PLL-Sayona m ...