Sayona specializes in extracting and processing lithium from spodumene for lithium-ion batteries. Its North American Lithium Complex employs advanced mineral processing and quality control techniques to produce high-purity spodumene concentrate. The company’s technical approach emphasizes efficient, sustainable extraction methods that minimize environmental impact while maximizing resource utilization.
High-quality spodumene concentrate produced through advanced processing methods, meeting stringent specifications required by lithium-ion battery manufacturers.
2024 progress at North American Lithium: 54% increase in ore mining to 370,409 wet metric tonnes, 90% plant utilization, 68% lithium recovery; significant drilling at NAL and Moblan funded by Flow Through Shares; planned merger with Piedmont Lithium expected 2025 to form a leading North American lithium producer with equal equity stakes.
Sayona’s investor base includes 19 institutional stakeholders such as VanEck Vectors Rare Earth/Strategic Metals ETF, Vanguard Total International Stock Index Fund and Global X Lithium & Battery Tech ETF; a $40M underwritten placement; and Resource Capital Fund VIII L.P. as the cornerstone investor in the Piedmont merger.
