Sayona Mining and Piedmont Lithium to merge amid low spodumene prices
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Australia’s Sayona Mining and US-based Piedmont Lithium intend to merge, forming a company with a market capitalisation of $623 million. The merged entity will be owned 50-50 by the shareholders of each company. The merged company could become the second largest lithium miner in North America in 2030, according to Benchmark’s Lithium Forecast, if the […]