Sayona Mining completed the merger with Piedmont Lithium in a $623m deal.

Sayona Mining, a lithium producer, completed the merger with Piedmont Lithium, a supplier of lithium products, in a $623m deal. “This is a transformative milestone for our shareholders, employees, and partners. The combination with Sayona significantly strengthens our global footprint, enhances scale, and positions us to be a leading supplier of lithium resources to the growing EV and stationary storage supply chains. We are excited to move forward as a combined company with Sayona and to build long-term value for all stakeholders,” Keith Phillips, Piedmont Lithium President and CEO.