Piedmont Lithium Abandons Nearly $600 Million Investment Planned for Southeast Tennessee

Piedmont Lithium

Piedmont Lithium announced Thursday that the company abandoned its plan to invest $582 million to establish a lithium hydroxide processing, refining, and manufacturing facility in Etowah and instead build the proposed plant in North Carolina.

The company currently operates a plant in Gaston County, North Carolina, called Carolina Lithium, which will be expanded with the addition of the facility originally expected to be built in Etowah.

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