Englewood, Tennessee — According to state and local economic development sources Piedmont Lithium plans to invest $582,000,000.00 to build out new space in Englewood. The company plans to occupy the new space at North Etowah Industrial Park in Englewood, on or about August 1, 2024. According to the company website Piedmont Lithium is developing a world-class integrated lithium business in the United States, enabling the transition to a net zero world and the creation of a clean energy economy in America. Our location in the renowned Carolina Tin Spodumene Belt of North Carolina, the cradle of the lithium industry, positions us to be one of the worlds lowest cost producers of lithium hydroxide, and the most strategically located to serve the fast-growing US electric vehicle supply chain. The unique geographic proximity of our resources, production operations and prospective customers, places us on the path to be the most sustainable producer of lithium hydroxide in the world and should allow Piedmont to play a pivotal role in supporting Americas move toward decarbonization and the electrification of transportation and energy storage

To learn more about Piedmont Lithium, visit http://piedmontlithium.com/

Company Contact:
Keith Phillips, Chief Executive Officer
kphillips@piedmontlithium.com
https://www.linkedin.com/in/keithdphillips/
704-461-8000

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