LG Chem investing $75M in Piedmont Lithium; 200,000mt spodumene concentrate offtake agreement
Green Car Congress
FEBRUARY 17, 2023
LG Chem will purchase 1,096,535 newly-issued shares of Piedmont common stock at an approximate price of $68.40 SC6 pricing will be determined by a formula-based mechanism linked to SC6 market prices at the time of each shipment. per share for a total consideration of $75 million. of Piedmont common shares.
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