Piedmont adds to Carolina resource

22nd October 2021 By: Esmarie Iannucci - Creamer Media Senior Deputy Editor: Australasia

PERTH (miningweekly.com) – Lithium miner Piedmont Lithium has increased the mineral resource estimate for its Carolina project to 44.2-million tonnes, grading 1.08% lithium oxide for about 1.1-million tonnes of lithium carbonate equivalent.

About 774 000 t of this lithium carbonate equivalent resource has been estimated within the indicated category.

“We are very pleased to have concluded our Phase 5 drill campaign and to further expand our world-class resource base. Carolina lithium has one of the largest spodumene resources in North America, and the only one located in the US,” said Piedmont president and CEO Keith Phillips.

“The increase in indicated resource of over 100% relative to resources previously reported under the Australian standards, will underpin the definitive feasibility study for Carolina lithium that we plan to publish later in 2021. The study will be another important step along the path to building America’s leading lithium business to support and enable the rapidly growing electric vehicle supply chain in the US.”