Piedmont Lithium Project Portfolio
QUEBEC
NAL Restart Achieved March 2023 as Scheduled
Piedmont Offtake Customers LG Chem & Tesla
HIGHLIGHTS
☐
Piedmont Interest 36
13.6% SYA shares = $161mm
▪ 25% of Sayona Quebec
SYA USD market cap = $1.2bb
Offtake - 113,000tpy SC6 with ceiling
price of $900/t
Among Canada's largest and best-
located lithium projects
NAL is a past-producer with C$400mm
of capital investment
■ Good road and rail access
■ Skilled local labor and contractors
■ Low-cost renewable hydroelectricity
UPCOMING MILESTONES
PFS for completion of on-site carbonate
refinery to be completed in H1 2023
■ First shipments and revenue expected
for Q3 2023
23
Canadian Prime Minister Justin Trudeau visits North American Lithium
Pictured: Sayona Quebec CEO Guy Belleau, Sayona Mining CEO Brett Lynch, Prime
Minister Justin Trudeau, Piedmont VP of Government Affairs Malissa Gordon, and
Piedmont Lithium Chairman Jeff Armstrong
SAYONA
SYA
FACT SHEET37
Location
Business
Production
PLL Offtake³8
Offtake Price
Shipments
Capex
Québec
Spodumene Concentrate
Year 1-4: 226,000tpy SC
LOM: 190,000 SC
Greater of 50% of
production or 113,000tpy
Price Floor: $500/t
Price Ceiling: $900/t
Q3 2023
$80mm
Opex
After-tax NPV8
$691/t SC6
$1.0bb
36. Piedmont owns -1.2bb shares of Sayona Mining (ASX: SYA)
and 25% of the Sayona Quebec joint venture. Market cap as
of April 28, 2023.
37. See Sayona Mining ASX announcement "DFS Confirms NAL
Value with A$2.2B NPV" dated April 14, 2023, a copy of
which can be found on Sayona Mining's website.
38. Refer to Piedmont's announcement dated June 28, 2022 for
a summary of offtake agreement terms, a copy of which can
be found on our Company website or in our SEC filings.View entire presentation