Data News > Lithium Market News Roundup: Piedmont, Lithium Americas, Argentina Lithium, Kraken Energy
- Pomerantz Law Firm investigates claims on behalf of investors of Piedmont Lithium Inc.
- Piedmont Lithium stock is undervalued with high potential upside.
- Lithium Americas and General Motors facing delays in closing $330 million deal.
- Argentina Lithium & Energy secures full ownership of key properties in Salta Province.
- Kraken Energy appoints Brian Goss as Interim CEO.
Pomerantz LLP is currently conducting an investigation on behalf of investors of Piedmont Lithium Inc. Investors who have an interest in the company are being encouraged to get in touch with Danielle Peyton at newaction@pomlaw.com or 646-581-9980. Despite a recent decline in lithium stocks, there is optimism surrounding Piedmont Lithium, with analysts believing that the company is currently undervalued and could potentially see significant growth over the next 24-36 months.
In other news, Lithium Americas Corp and General Motors Co are experiencing delays in the finalization of their $330 million Tranche 2 investment deal. The two companies are currently exploring mutually beneficial solutions to address these delays. On a separate note, Argentina Lithium & Energy Corp has successfully secured complete ownership of key properties in Argentina's Salta Province. This acquisition was made possible through a substantial investment from automotive giant Stellantis.
Kraken Energy Corp has made a significant leadership change by appointing Brian Goss as the new Interim Chief Executive Officer and Director of the Company. With over 20 years of experience in the mining industry, Goss brings a wealth of knowledge to his new role. Lastly, Piedmont Lithium has decided to withdraw its loan application with a U.S. government loan program due to the current slump in lithium prices. The company is now focused on scaling back expansion plans in order to conservatively manage cash flow in the face of market challenges.
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Lithium Market News Roundup: Piedmont, Lithium Americas, Argentina Lithium, Kraken Energy
By KlickAnalytics Data Insights | September 5, 2024 08:08PM ET
Key Points
- Pomerantz Law Firm investigates claims on behalf of investors of Piedmont Lithium Inc.
- Piedmont Lithium stock is undervalued with high potential upside.
- Lithium Americas and General Motors facing delays in closing $330 million deal.
- Argentina Lithium & Energy secures full ownership of key properties in Salta Province.
- Kraken Energy appoints Brian Goss as Interim CEO.
Pomerantz LLP is currently conducting an investigation on behalf of investors of Piedmont Lithium Inc. Investors who have an interest in the company are being encouraged to get in touch with Danielle Peyton at newaction@pomlaw.com or 646-581-9980. Despite a recent decline in lithium stocks, there is optimism surrounding Piedmont Lithium, with analysts believing that the company is currently undervalued and could potentially see significant growth over the next 24-36 months.
In other news, Lithium Americas Corp and General Motors Co are experiencing delays in the finalization of their $330 million Tranche 2 investment deal. The two companies are currently exploring mutually beneficial solutions to address these delays. On a separate note, Argentina Lithium & Energy Corp has successfully secured complete ownership of key properties in Argentina's Salta Province. This acquisition was made possible through a substantial investment from automotive giant Stellantis.
Kraken Energy Corp has made a significant leadership change by appointing Brian Goss as the new Interim Chief Executive Officer and Director of the Company. With over 20 years of experience in the mining industry, Goss brings a wealth of knowledge to his new role. Lastly, Piedmont Lithium has decided to withdraw its loan application with a U.S. government loan program due to the current slump in lithium prices. The company is now focused on scaling back expansion plans in order to conservatively manage cash flow in the face of market challenges.
For more information:
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