Piedmont Lithium (PLL) CEO On The EV Supply Chain

Piedmont Lithium (PLL) develops lithium resources for the U.S. electric vehicle supply chain. Piedmont Lithium and LG Chem signed an equity investment and binding offtake agreements. LG Chem is investing $75M to acquire PLL shares. Piedmont Lithium will use funding from LG Chem to advance its portfolio projects. "The PLL stock price has been relatively flat, which is disappointing due to the increase in lithium prices. We are excited to be a producer of lithium," says President and CEO Keith Phillips.