Piedmont Lithium completes merger with Sayona Mining

Piedmont Lithium completes merger with Sayona Mining

By: ICN Bureau

Last updated : September 02, 2025 4:45 pm



Forms North America’s leading lithium company Elevra Lithium


Piedmont Lithium, a leading North American supplier of lithium critical to the U.S. electric vehicle (EV) supply chain, announced the successful completion of its merger with Sayona Mining Limited. The merger was approved by shareholders of both companies and satisfies all regulatory and closing conditions.

The newly combined company, Elevra Lithium, unites complementary lithium assets to form one of the largest hard-rock lithium platforms in North America. Elevra Lithium is positioned to meet the growing global demand for lithium, driven by the rapid expansion of EVs and stationary energy storage systems.

"This merger represents a transformative milestone for our shareholders, employees, and partners," said Keith Phillips, President and CEO of Piedmont Lithium. "Combining Piedmont and Sayona strengthens our global footprint, increases scale, and positions us as a leading supplier of lithium to support the global energy transition. We are excited to move forward as Elevra Lithium and deliver long-term value for all stakeholders."

Elevra Lithium is now strategically positioned to become a cornerstone supplier in the North American lithium supply chain, supporting sustainable growth and the global energy transition.

 

 

Piedmont Lithium Sayona Mining Elevra Lithium

First Published : September 02, 2025 12:00 am