Lithium-Based Company Announces $582 Million Investment in Southeast Tennessee

Piedmont Lithium officials announced Thursday that the company would invest $582 million to establish a lithium hydroxide processing, refining, and manufacturing facility in Etowah.

The new facility will be located at the North Etowah Industrial Park, creating 117 new jobs in McMinn County. According to the Tennessee Department of Economic and Community Development (TNECD), the facility will be America’s largest “lithium hydroxide processing” facility.

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