Piedmont Lithium Releases Inaugural Sustainability Report
27 Junho 2023 - 7:50AM
Business Wire
Piedmont Lithium (“Piedmont”, “Company”) (Nasdaq: PLL; ASX:
PLL), a leading global developer of lithium resources critical
to the U.S. electric vehicle (“EV”) supply chain, today released
its inaugural sustainability report, Progressing with Purpose. The
report affirms the Company’s commitment to being a responsible,
respectful steward of the planet, people, and the communities where
Piedmont plans to operate its wholly owned projects, Tennessee
Lithium and Carolina Lithium.
Piedmont President and CEO Keith Phillips said the Company has a
unique opportunity to chart its own course as it begins its
environmental, social, and governance ("ESG") journey. “We are
fortunate to be starting from a clean slate with the full ability
to build sustainability into the foundation of our organization,”
Phillips said. “Our inaugural sustainability report represents an
important first step in formalizing our ESG efforts as we develop
our operations. We are pleased to share our plans with our
stakeholders as we advance our projects in Tennessee and North
Carolina and our equity interests in Quebec and Ghana.”
The sustainability report reflects aspirations intended to guide
the Company’s ESG strategy and is centered on four key pillars:
planet, people, communities, and governance. Key highlights
include:
- Plans for modern technologies and practices, including the
innovative Metso alkaline pressure leaching process for refining
spodumene concentrate, to mitigate climate and environmental
impacts.
- Responsible water use and management strategies to minimize
consumption while ensuring robust treatment, monitoring, and
mitigation.
- A progressive reclamation strategy for responsible land use at
Carolina Lithium, with plans to reclaim land impacted by mining
activities as soon as practical to restore and prepare the site for
post-operational use.
- Completed biodiversity assessments to understand native
species, protect habitats, and minimize impact.
- Efforts to establish a corporate culture where safety and
health, and diversity, equity, and inclusion are key cornerstones
for engaging the Company’s workforce around future goals and
objectives.
- Responsible sourcing considerations and commitments as the
Company’s projects advance.
- Plans for modern mining practices and state-of-the-art
technologies to minimize noise and vibration impact for neighbors
near Carolina Lithium.
- Investor, government, and community engagement activities to
help inform and collaborate with key stakeholders as the Company
develops its projects.
- Civic investments made in the communities where Piedmont plans
to operate to help ensure long-term socio-economic
development.
- The economic impact, job creation, and workforce development
activities expected to result as the Company constructs and
operates Carolina Lithium and Tennessee Lithium.
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/20230627261279/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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