Piedmont Lithium Reports Q4 & Full Year 2024 Results [Yahoo! Finance]
Piedmont Lithium Inc. (PLL)
Company Research
Source: Yahoo! Finance
BELMONT, N.C., February 20, 2025 BUSINESS WIRE )--Piedmont Lithium Inc. ("Piedmont," the "Company," "we," "our," or "us") (Nasdaq: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, today reported its fourth quarter and full year 2024 financial results. Piedmont shipped approximately 55,700 dry metric tons ("dmt") of spodumene concentrate (~5.4% Li O) associated with spot shipments and recognized $45.6 million in revenue in Q4'24. The Company's realized price per dmt was $818 in Q4'24, which outperformed industry peers during the quarter. Piedmont expects to ship approximately 113,000 to 130,000 dmt of spodumene concentrate in 2025 . Our shipments in 2025 are expected to be long-term customer shipments or spot shipments structured to minimize downside risk. Production at North American Lithium ("NAL") supports the Company's 2025 shipment guidance. NAL produced 50,922 dmt of spodumene concentrate during the qua
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