Powering the U.S. Electric Vehicle Revolution
Piedmont Lithium is a global lithium business headquartered in Gaston County, North Carolina. Our team is focused on supporting the Company’s mission of becoming a leading, sustainable producer of lithium hydroxide to supply the North American electric vehicle (EV) and battery supply chains and American energy security.
More EVs on roadways means more batteries to power them. And those batteries need lithium.
Currently, China manufactures approximately 80%1 of the world’s lithium hydroxide, while the U.S. only produces about 2%1, with approximately 17,000 metric tons of annual production. At Piedmont Lithium, we believe the U.S. must establish itself as a global producer of lithium hydroxide and reduce dependence on foreign nations for critical EV battery materials.
Through our proposed Carolina Lithium project, we plan to dramatically increase the production of American-made lithium resources by adding 30,000 metric tons annually of lithium hydroxide production capacity.
Our Carolina Lithium project is being designed as one of the world’s only integrated lithium ore-to-lithium hydroxide operations. This integration, along with modern technology, practices, and systems, should allow Carolina Lithium to be one of the most sustainable projects of its kind.
1 Benchmark Mineral Intelligence
Our Global Portfolio
Carolina Lithium is one of four projects in our global portfolio, which has been strategically assembled to develop a robust pipeline of lithium resources for the United States. Our strategy is focused on producing lithium hydroxide from spodumene concentrate we own or in which we have an economic interest.
Our projects include Carolina Lithium and Tennessee Lithium in the southeastern U.S. and strategic investments in lithium assets in Canada and Ghana. Through this portfolio, we expect to produce 60,000 metric tons per year of lithium hydroxide in the U.S. – enough to power approximately 1.2 million electric vehicles annually.1
1 Based on 50 KWh per vehicle as forecasted by Rho Motion