Piedmont Lithium Submits Permit Applications

ID: 1545616
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(businesspress24) - Piedmont Lithium Submits Permit Applications

Piedmont Lithium Limited (Piedmont or Company) is pleased to announce that it has submitted a Section 404 Standard Individual Permit application to the US Army Corps of Engineers (USACE) for the Companys Piedmont Lithium Project located in the historic Carolina Tin-Spodumene Belt in North Carolina, USA. The USACE is the lead agency that will review the Companys permit applications at the federal level.

The Company also concurrently submitted an application for a Section 401 Individual Water Quality Certification to the North Carolina Division of Water Resources (NCDWR). The Section 404 and 401 permits are typical requirements for the type of operation proposed by Piedmont Lithium. HDR Engineerings Charlotte Office acted as lead consultant in the preparation of both applications.

These important applications were completed and submitted in accordance with the Companys previously announced estimated permitting timeline (refer to updated Scoping Study announced September 13, 2018), allowing Piedmont to maintain its overall project development schedule.

Previously Announced Permitting Timeline for Piedmont
Lithium''s Mine /

2018 2019
Critical Issues

Stream and Wetland

Threatened and
Endangered Species

Baseline Surface

Sampling and

404/401 Permit

404/401 Permit
Review and

Mining Permit

Mining Permit
Review and

Piedmont expects to submit the balance of permit applications required to commence mining operations to various state and local agencies within the first half of 2019.

Keith D. Phillips, President and Chief Executive Officer, commented: This application is one more step towards the realization of our goal of producing battery-grade lithium hydroxide in North Carolina. An immense amount of preparatory work was completed by our team and our consulting advisors, and we look forward to a continued constructive engagement with the appropriate regulatory bodies.

For further information, contact:

Keith D. Phillips
President & CEO
T: +1 973 809 0505
E: kphillips(at)piedmontlithium.com

Anastasios (Taso) Arima
Executive Director
T: +1 347 899 1522
E: tarima(at)piedmontlithium.com

About Piedmont Lithium

Piedmont Lithium Limited (ASX: PLL; Nasdaq: PLLL) holds a 100% interest in the Piedmont Lithium Project (Project) located within the world-class Carolina Tin-Spodumene Belt (TSB) and along trend to the Hallman Beam and Kings Mountain mines, historically providing most of the western worlds lithium between the 1950s and the 1980s. The TSB has been described as one of the largest lithium provinces in the world and is located approximately 25 miles west of Charlotte, North Carolina. It is a premier location to be developing and integrated lithium business based on its favourable geology, proven metallurgy and easy access to infrastructure, power, R&D centres for lithium and battery storage, major high-tech population centres and downstream lithium processing facilities.

Forward Looking Statements

This announcement may include forward-looking statements. These forward-looking statements are based on Piedmonts expectations and beliefs concerning future events. Forward looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Piedmont, which could cause actual results to differ materially from such statements. Piedmont makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of that announcement.

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Date: 01/10/2019 - 10:44
Language: English
News-ID 1545616
Character count: 10293
Firma: Piedmont Lithium Limited
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Stadt: Wien


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