Piedmont Lithium Inc. has announced the successful completion of its merger with Sayona Mining Limited, resulting in the formation of a new entity named Elevra Lithium. This merger, approved by shareholders of both companies, combines their assets to create one of the largest hard-rock lithium platforms. The combined company is positioned to meet the increasing demand for lithium resources needed for the global energy transition. Following the merger, Piedmont's common stock and Chess Depositary Interests will be delisted from the Nasdaq and the Australian Securities Exchange, respectively. Piedmont's President and CEO, Keith Phillips, highlighted the strategic benefits of the merger, emphasizing the enhanced global footprint and strengthened scale, which positions Elevra as a leading supplier in the EV and stationary storage supply chains.