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Piedmont trims 27% of workforce as market contracts

The North American-focused lithium company furloughed a third of its workforce

Georgia Williams
The company wants to produce lithium hydroxide in the US. Source: Piedmont Lithium

The company wants to produce lithium hydroxide in the US. Source: Piedmont Lithium

Plunging lithium prices and a tepid market outlook prompted Piedmont to implement cost-cutting measures. Targeting savings of US$10 million, the company is reducing its 2024 capital spending and reigning...

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