Lucas Dow, Managing Director & CEO of Sayona Mining Ltd. (ASX: SYA), shares insight into how the company has established itself as North America’s largest spodumene concentrate producer, operating in Quebec, and discusses what’s next following the merger with Piedmont Lithium.
With production ramped at the North American Lithium (NAL) operation and scoping studies underway to potentially double capacity, Sayona is also advancing its Moblan Greenfield project in James Bay and acquiring exposure to key global assets including Ghana’s Ewoyaa and the Carolina Lithium Project in the U.S.
Lucas outlines Sayona’s approach to growth even in today’s weak pricing environment, backed by a strong balance sheet, no secured debt, and hydro-powered operations, offering one of the greenest lithium profiles globally.
🔑 Key Takeaways:
North America’s Largest Spodumene Producer
✓ Producing 200,000 tpa from NAL in Quebec
✓ Positioned to double production capacity post-mergerGlobal Growth Pipeline
✓ Moblan Project (James Bay) – Large, low-cost, greenfield lithium asset
✓ Acquiring interests in Ghana (Ewoyaa, via Atlantic Lithium) and North Carolina (Carolina Lithium Project)Merger With Piedmont Lithium
✓ Creating a dual-listed ASX/NASDAQ lithium leader
✓ Combined balance sheet includes ~A$69M new capital and zero secured debtESG & Sustainability Leadership
✓ 100% hydropower in Quebec operations = among the greenest lithium globally
✓ Strong community engagement near Amos & with First Nations2025 Catalysts
✓ NAL scoping study due in August
✓ Moblan project advancement underway
✓ New resource base supports long-term expansion strategy
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