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Sayona Mining Boosts Output 54% and Seals Merger with Piedmont Lithium

6:37pm on Sunday 1st of June, 2025 AEST Mining
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Sayona Mining Boosts Output 54% and Seals Merger with Piedmont Lithium

6:37pm on Sunday 1st of June, 2025 AEST
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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