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Stock impact report

Albemarle unveils new details for NC lithium mine as residents ask: ‘How do we benefit?' [Yahoo! Finance]

Piedmont Lithium Inc. (PLL) 
Company Research Source: Yahoo! Finance
For the first time, the public can see the layout of the proposed project with material stockpiles, rock storage facilities, mineral processing facility and a water storage basin between South Battleground Avenue to the north, Dixon School Road to the left and south along Interstate 85. On Tuesday, Albemarle unveiled its site plan for the nearly 1,200-acre Kings Mountain lithium mine in Cleveland County, about 30 miles west of Charlotte. The company has not said how much the massive project will cost, but projects like this can cost hundreds of millions of dollars Jonathan Bolt, who lives less than a mile from where Albemarle plans to reopen a dormant lithium mine , wanted to know the impact on the community along with the timeline of the company's plan. “I just want to understand what they're doing and how they're doing it,” Bolt said during a community meeting Tuesday night in Kings Mountain. “They've bought up property we all grew up with — the furniture store, the church Show less Read more
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