ACF Equity Research

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Research from ACF Equity Research, ACF Equity Research

Research from ACF Equity Research

Thematic (Sector/Industry)

Multiple Countries / Thematic (Sector/Industry)

<div>Piedmont Lithium Inc. (NASDAQ: PLL; ASX: PLL) is an exploration stage&nbsp;company focused on developing and manufacturing battery quality lithium&nbsp;hydroxide (LiOH) for the fast-growing electric vehicle market. Lithium’s high&nbsp;reactivity (i.e., a lot of energy can be stored in its atomic bonds) translates&nbsp;into high energy density in lithium-ion batteries. The company’s flagship</div>
<div>project, Carolina Lithium Project (est. Li2O ~44.2Mt at 1.08%), is in the Tin-Spodumene Belt of North Carolina, the oldest and most lithium-rich area&nbsp;globally. In addition, PLL also owns lithium resource assets in Canada and&nbsp;Ghana via equity investments. The strategically located resource in the Tin-Spodumene Belt positions Piedmont as potentially one of the world’s lowest&nbsp;cost producers of lithium hydroxide (LiOH).</div>

Piedmont Lithium Inc. (NASDAQ: PLL; ASX: PLL) is an exploration stage&nbsp;company focused on developing and manufacturing battery quality lithium&nbsp;hydroxide (LiOH) for the fast-growing electric vehicle market. Lithium’s high&nbsp;reactivity (i.e., a lot of energy can be stored in its atomic bonds) translates&nbsp;into high energy density in lithium-ion batteries. The company’s flagship
project, Carolina Lithium Project (est. Li2O ~44.2Mt at 1.08%), is in the Tin-Spodumene Belt of North Carolina, the oldest and most lithium-rich area&nbsp;globally. In addition, PLL also owns lithium resource assets in Canada and&nbsp;Ghana via equity investments. The strategically located resource in the Tin-Spodumene Belt positions Piedmont as potentially one of the world’s lowest&nbsp;cost producers of lithium hydroxide (LiOH).

Piedmont Lithium PLL Core Investment Case ACF Equity Research