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Piedmont Lithium Reports Q4 & Full Year 2024 Results

1. Piedmont Lithium reports Q4 financial results. Shipped 55,700 dmt and earned $45.6M revenue.

Earnings
-0.91%Current Return
VS
-1.64%S&P 500
$8.202/20 06:54 AM EDTEvent Start
$8.12502/21 01:20 PM EDTLatest Updated
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FAQ

Why Bullish?

The robust Q4 shipment volume and revenue indicate healthy demand in the growing EV lithium market, which has historically spurred short-term price gains.

How important is it?

Concrete financial data and shipment volumes provide significant signals that may drive immediate investor sentiment and price movement.

Why Short Term?

Quarterly earnings releases typically trigger immediate market reactions, influencing near-term trading activity.

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ALBSQMLAC
BELMONT, N.C.--(BUSINESS WIRE)--Piedmont Lithium Inc. (“Piedmont,” the “Company,” “we,” “our,” or “us”) (Nasdaq: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, today reported its fourth quarter and full year 2024 financial results. Piedmont shipped approximately 55,700 dry metric tons (“dmt”) of spodumene concentrate (~5.4% Li2O) associated with spot shipments and recognized $45.6 million in revenue in Q4'24. The Company.

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