Rock-solid alliance: Sayona and Piedmont join forces
Sayona Mining (ASX:SYA) and Piedmont Lithium (ASX:PLL) have announced an all-stock merger, and will form North America's largest producer of hard rock lithium.
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Sayona Mining Limited
Sayona Mining Limited is a North American lithium producer, with projects in Québec, Canada and Western Australia.
In Québec, Sayona’s assets comprise North American Lithium together with the Authier Lithium Project and the Tansim Lithium Project, supported by a strategic partnership with American lithium developer Piedmont Lithium Inc. (Nasdaq:PLL; ASX:PLL).
Sayona also holds a 60% stake in the Moblan Lithium Project in northern Québec. In Western Australia, the Company holds a large tenement portfolio in the Pilbara region prospective for gold and lithium. Sayona is exploring for Hemi style gold targets in the world class Pilbara region, while its lithium projects include Company-owned leases and those subject to a joint venture with Morella Corporation (ASX:1MC).
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