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Sayona and Piedmont form Elevra Lithium with a US$623 million merger deal
Summary by African Mining Market
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Sayona and Piedmont form Elevra Lithium with a US$623 million merger deal
Australia’s Sayona Mining Ltd. has completed a US$623 million merger with U.S.-based Piedmont Lithium Inc., creating a jointly owned company with assets in Canada, Australia and Ghana. The combined firm, expected to rebrand as Elevra Lithium by the end of September, aims to strengthen its position in the global lithium market. The deal consolidates Piedmont’s long-standing …
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