Piedmont Lithium, Inc.
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Reuters reported on July 20, 2021 that a majority of county officials in Gaston County, North Carolina say they may delay or block Piedmont’s plan to build the largest lithium mine in the U.S., as a result of Piedmont failing to inform them of any potential environmental impacts, including effects on noise, dust, vibrations, water and air quality.
Piedmont has repeatedly delayed the process, despite promising investors as early as 2018 that it would obtain permits by 2019. Piedmont cancelled a planned meeting with county commissioners in March 2021, with three days’ notice, leading one commissioner to say, “This has been the worst rollout of a project from a company I’ve ever seen.” Piedmont has previously told investors it was “not aware” of any potential roadblocks to receiving permitting, despite the fact that they had not yet presented any information to the county government.
In 2020, Piedmont signed a deal with Tesla, causing its stock to skyrocket, with its proposed mine on track to be the largest lithium mine in the US.