Piedmont Lithium Q2 net loss $9.7M; NAL production record, merger vote adjourned

Piedmont Lithium Inc.

2025-Q2 EPS reported -$1.16 revenue$31,853,000

Shipped 20,200 dmt spodumene concentrate, revenue $11.9M, realized price $587/dmt.
Net loss $9.7M ($0.44 diluted EPS); adjusted net loss $7.7M ($0.35 adjusted EPS).
NAL achieved quarterly record 58,533 dmt production, 93% mill utilization, 73% lithium recovery.
Cash and equivalents $56.1M; expects 2025 shipments of 113,000-125,000 dmt.
Special Meeting for Sayona merger adjourned to Aug 11; 97.86% of votes cast in favor but quorum not met.

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