Powering the U.S. Electric Vehicle Revolution
Piedmont Lithium is a global lithium business headquartered in Belmont, North Carolina. Our team is focused on supporting the Company’s mission of becoming a leading, sustainable producer of lithium hydroxide to supply the North American electric vehicle (EV) and battery supply chains and American energy security.
More EVs on roadways means more batteries to power them. And those batteries need lithium.
Currently, China manufactures approximately 80%¹ of the world’s lithium hydroxide, while the U.S. only produces about 2%¹, with approximately 20,000 metric tons of annual production. At Piedmont Lithium, we believe the U.S. must establish itself as a global producer of lithium hydroxide and reduce dependence on foreign nations for critical EV battery materials.
Through our proposed Tennessee Lithium project, we plan to dramatically increase the production capacity of American-made battery-grade lithium resources by adding 30,000 metric tons annually.
Our Tennessee Lithium project is being designed as a greenfield operation with modern technology, practices, and systems, which should allow it to be one of the world’s most sustainable lithium projects of its kind.
1 Benchmark Mineral Intelligence
Our Global Portfolio
Tennessee Lithium is one of four capital projects in our global portfolio, which has been strategically assembled to develop a robust pipeline of lithium resources for the United States. Our strategy is focused on producing lithium hydroxide from spodumene concentrate we own or in which we have an economic interest. Our capital projects include Tennessee Lithium and Carolina Lithium in the southeastern U.S. and strategic investments in lithium assets in Quebec and Ghana. Through this portfolio, we expect to produce 60,000 metric tons per year of lithium hydroxide in the U.S. – enough to power approximately 1.2 million electric vehicles annually.¹
