SYA 6.67% 3.2¢ sayona mining limited

Heres a nice little article where SYA was mentioned in May last...

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    Heres a nice little article where SYA was mentioned in May last year, i think this article still holds true.


    Sanders reported that demand for lithium hydroxide in the US is expected to soar to 715,000 tonnes per year by 2030. With current capacity at 17,000 tonnes per year, plus planned capacity of only 180,000 tonnes per year, that will lead to a shortfall of 518,000 tonnes, her data showed.

    In other words, US battery plants are expected to require more than 40 times current US lithium hydroxide capacity, according to the presentation.





    Piedmont Lithium operates four spodumene mining projects in Quebec, Ghana, Tennessee and North Carolina.

    The Quebec project is a brownfield operation jointly owned by Piedmont and Sayona Mining, called North American Lithium.

    “It has been recommissioned as of March and we’re producing spodumene concentrate there,” Sanders said. “We expect the first shipment to be ready in July.”



    https://www.fastmarkets.com/insights/huge-opportunity-for-lithium-ion-battery-processing-in-us/
 
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