James Griffiths joins as Senior Vice President
of Corporate Development and Treasury; Kara deBorde joins as Vice
President of Risk Management
Piedmont Lithium (“Piedmont”, “Company”) (Nasdaq: PLL; ASX:
PLL), a developer of lithium resources critical to the U.S.
electric vehicle supply chain, today announced the strategic
addition of two new senior leaders to support its global portfolio
of projects. James Griffiths, a global industrials and corporate
finance expert, has been named Senior Vice President of Corporate
Development and Treasury; Kara deBorde, an award-winning risk
manager with broad-based leadership experience, has joined as Vice
President of Risk Management.
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James Griffiths, Senior Vice President of
Corporate Development and Treasury, Piedmont Lithium (Photo:
Business Wire)
Keith Phillips, President and CEO of Piedmont, said these
positions are key as the Company nears revenue generation from the
jointly owned North American Lithium project and continues to
advance development plans in its global portfolio of lithium
assets. “James and Kara are highly qualified professionals who have
a broad depth of knowledge in their respective areas of expertise,”
he explained. “James has an impressive track record in investment
banking, covering mergers, acquisitions, and capital raising for
chemical and industrial companies, and will be instrumental in
advancing our strategic priorities and capital plans. Kara’s robust
background in risk mitigation will further support our efforts to
drive value for shareholders, as she sets the strategic risk
management vision to minimize Piedmont’s exposure to loss and
controls the cost of claims, litigation, and insurance. James and
Kara are strong additions, and they are joining at an important
time for Piedmont as we prepare for first commercial shipments from
North American Lithium in Q3 2023 and diligently work toward
production targets in Ghana, Tennessee, and North Carolina.”
As Piedmont’s Senior Vice President of Corporate Development and
Treasury, Griffiths is responsible for advancing Piedmont’s
strategic priorities and capital plans, providing leadership
guidance on mergers and acquisition (M&A), joint venture, and
strategic investment activities, along with associated capital
structure and financing plans. With a background in investment
banking and management consulting spanning 17 years, he has advised
on a range of M&As, divestitures, and debt and equity capital
raisings for public and private companies. Most recently, he served
as a Director in the Global Industrials Group at Bank of America,
working with some of the unit’s largest clients to help raise debt
and equity financing and advising on M&A. Prior to that,
Griffiths was a Vice President in the fixed-income futures,
options, and cleared derivatives business, helping clients navigate
the transition from over the counter to central cleared
derivatives. He began his career at Accenture in its financial
services management consulting business. As a UK native, Griffiths
earned a bachelor’s degree in computer science from Lancaster
University.
As the Company’s Vice President of Risk Management, deBorde is
responsible for identifying, formulating, coordinating, and
implementing all risk-related activities and procedures. With a
background spanning more than 20 years, she has cultivated robust
experience in strategic risk management vision, loss protection,
savings, and analytics. Most recently, deBorde served as Senior
Director of Risk Management at TC Transcontinental. Her career also
includes positions with Coveris, S.A.; Michelin North America; S.B.
Phillips Company; and Liberty Mutual Insurance. deBorde earned a
bachelor’s degree in management from the University of South
Carolina.
About Piedmont Lithium
Piedmont Lithium (Nasdaq: PLL; ASX: PLL) is developing a
world-class, multi-asset, integrated lithium business focused on
enabling the transition to a net zero world and the creation of a
clean energy economy in North America. Our goal is to become one of
the largest lithium hydroxide producers in North America by
processing spodumene concentrate produced from assets where we hold
an economic interest. Our projects include our Carolina Lithium and
Tennessee Lithium projects in the United States and partnerships in
Quebec with Sayona Mining (ASX: SYA) and in Ghana with Atlantic
Lithium (AIM: ALL; ASX: A11). These geographically diversified
operations will enable us to play a pivotal role in supporting
America’s move toward energy independence and the electrification
of transportation and energy storage. For more information, follow
us on Twitter @PiedmontLithium and visit
www.piedmontlithium.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of or as described in securities legislation in the
United States and Australia, including statements regarding
exploration, development, and construction activities of Sayona
Mining, Atlantic Lithium and Piedmont; current plans for Piedmont’s
mineral and chemical processing projects; strategy; and strategy.
Such forward-looking statements involve substantial and known and
unknown risks, uncertainties, and other risk factors, many of which
are beyond our control, and which may cause actual timing of
events, results, performance or achievements and other factors to
be materially different from the future timing of events, results,
performance, or achievements expressed or implied by the
forward-looking statements. Such risk factors include, among
others: (i) that Piedmont, Sayona Mining, or Atlantic Lithium will
be unable to commercially extract mineral deposits, (ii) that
Piedmont’s, Sayona Mining’s or Atlantic Lithium’s properties may
not contain expected reserves, (iii) risks and hazards inherent in
the mining business (including risks inherent in exploring,
developing, constructing and operating mining projects,
environmental hazards, industrial accidents, weather or
geologically related conditions), (iv) uncertainty about Piedmont’s
ability to obtain required capital to execute its business plan,
(v) Piedmont’s ability to hire and retain required personnel, (vi)
changes in the market prices of lithium and lithium products, (vii)
changes in technology or the development of substitute products,
(viii) the uncertainties inherent in exploratory, developmental and
production activities, including risks relating to permitting,
zoning and regulatory delays related to our projects as well as the
projects of our partners in Quebec and Ghana, (ix) uncertainties
inherent in the estimation of lithium resources, (x) risks related
to competition, (xi) risks related to the information, data and
projections related to Sayona Mining or Atlantic Lithium, (xii)
occurrences and outcomes of claims, litigation and regulatory
actions, investigations and proceedings, (xiii) risks regarding our
ability to achieve profitability, enter into and deliver product
under supply agreements on favorable terms, our ability to obtain
sufficient financing to develop and construct our projects, our
ability to comply with governmental regulations and our ability to
obtain necessary permits, and (xiv) other uncertainties and risk
factors set out in filings made from time to time with the U.S.
Securities and Exchange Commission (“SEC”) and the Australian
Securities Exchange, including Piedmont’s most recent filings with
the SEC. The forward-looking statements, projections and estimates
are given only as of the date of this press release and actual
events, results, performance, and achievements could vary
significantly from the forward-looking statements, projections and
estimates presented in this press release. Readers are cautioned
not to put undue reliance on forward-looking statements. Piedmont
disclaims any intent or obligation to update publicly such
forward-looking statements, projections, and estimates, whether as
a result of new information, future events or otherwise.
Additionally, Piedmont, except as required by applicable law,
undertakes no obligation to comment on analyses, expectations or
statements made by third parties in respect of Piedmont, its
financial or operating results or its securities.
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version on businesswire.com: https://www.businesswire.com/news/home/20230622036893/en/
For further information: Erin Sanders SVP, Corporate
Communications & Investor Relations T: +1 704 575 2549 E:
esanders@piedmontlithium.com
Christian Healy/Jeff Siegel Media Inquiries E:
Christian@dlpr.com E: Jeff@dlpr.com
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