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Sayona Mining Boosts Output 54% and Seals Merger with Piedmont Lithium
8:20am on Friday 31st of January, 2025 AEDT
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Mining
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Sayona Mining Boosts Output 54% and Seals Merger with Piedmont Lithium
8:20am on Friday 31st of January, 2025 AEDT
Key Points
54% increase in ore mined at North American Lithium (NAL)
33% revenue growth to $70 million driven by higher spodumene sales
Definitive merger agreement signed with Piedmont Lithium, creating a leading North American lithium producer
Unit operating costs at NAL reduced by 6% to $1,258/dmt
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SAYONA MINING (ASX:SYA)
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