Piedmont Lithium Inc (ASX:PLL) (NASDAQ:PLL) CEO Keith Phillips tells Proactive the lithium developer has established a strategic partnership with IronRidge Resources Ltd (LON:IRR) to invest in its Ewoyaa Project in Ghana.
Phillips says this will take place through the purchase of an equity stake in IRR, staged project investments to earn a 50% stake in IRR’s Ghana-based portfolio and a binding supply agreement for 50% of IRR’s Ghana-planned spodumene concentrate production.
Meanwhile, Phillips says Piedmont and bid partner Sayona Mining are a step closer to finalizing their North American Lithium purchase and establishing a lithium hub in Québec.