Piedmont Lithium and Sayona Mining merger finalized, creating Elevra Lithium with equal equity distribution between shareholders. Elevra to be a major player in lithium market, pending name change approval by late September 2025. Piedmont CEO excited for the future, focusing on EV and energy storage supply chains.

Piedmont Lithium stockholders to receive 0.35133 American Depositary Shares for each Piedmont share, while CDI holders get 5.27 Sayona ordinary shares per CDI. Sayona CEO highlights merger’s significance, creating a stronger lithium company with global impact. Both companies aim to deliver long-term value and drive energy transition.

Read more at Yahoo Finance: Piedmont Lithium completes merger with Sayona Mining