Piedmont Lithium | October 06, 2022
Piedmont Lithium a leading global developer of lithium resources critical to the U.S. electric vehicle supply chain announced that Sayona Quebec, owned 75% by Sayona Mining and 25% by Piedmont, has launched a prefeasibility study for lithium carbonate production at its North American Lithium operation in Quebec.
The study will evaluate potential completion and restart of the lithium carbonate plant at NAL. The operations at NAL feature about 50% of the facilities needed to produce lithium carbonate, which were partially constructed by prior owners of the NAL operation. Sayona Quebec expects results of the PFS in H1 2023. Further evaluation of the production of lithium carbonate or lithium hydroxide in Quebec may follow completion of the PFS study.
President and CEO of Piedmont Lithium Keith Phillips said exploring opportunities to produce lithium chemicals in Quebec is an extension of the efforts already underway at NAL. “Evaluating the completion of the lithium carbonate facilities at NAL is a logical next step in our long-term plans for Quebec. In the near term, we continue to focus with our partners at Sayona on restart of spodumene concentrate production at NAL within H1 2023,” said Phillips. “Commercial shipments of spodumene concentrate could begin as early as Q3 2023, providing revenue generation from NAL as well as product sales through Piedmont’s offtake agreement.”
In September, Sayona Quebec announced that plans to restart spodumene concentrate production at NAL were on track with permitting and procurement of equipment well advanced and with most major items required for the NAL restart already on-site. A major mining contract was awarded to Fournier et Fils for the operation of the NAL open pit for a four-year term.
The statements in the link below were prepared by, and made by, Sayona Mining. The following disclosures are not statements of Piedmont and have not been independently verified by Piedmont. Sayona Mining is not subject to U.S. reporting requirements or obligations, and investors are cautioned not to put undue reliance on these statements. Sayona Mining’s original announcement can be found here.
About Piedmont Lithium
Piedmont Lithium is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and the creation of a clean energy economy in North America. Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest. Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Québec with Sayona Mining and in Ghana with Atlantic Lithium. These geographically diversified operations will enable us to play a pivotal role in supporting America’s move toward energy independence and the electrification of transportation and energy storage.
Sumitomo Chemical and Valent BioSciences | October 04, 2022
Sumitomo Chemical Co., Ltd. parent company of Valent U.S.A. and Valent Biosciences, announced a new entity called Valent North America that will provide enterprise business services across the Valent group of companies.
Valent North America brings together the Finance, Legal, Environmental, Health & Safety, Information Technology and Human Resources functions to drive strong governance and enhanced service delivery practices more broadly across the Valent group of companies -- Valent U.S.A., Valent BioSciences, Pace International and Mycorrhizal Applications.
“This new operational structure will support our goals of business excellence and growth across North America. I’m confident this new entity will further help the Valent group deliver sustainable, profitable solutions to meet the challenges of food production, and the future needs of the environment and society.”
Tadashi Katayama, associate officer and general manager, AgroSolutions Division – International, Sumitomo Chemical
This new platform is based on Sumitomo Chemical’s well-instituted corporate functions model designed to enable consistent, standard policies and best practices, especially with safety and compliance across SCC.
As previously announced, Andy Lee will serve as president and CEO of the newly created entity. Lee has served in the agriculture industry his entire career and has led diverse teams and complex enterprise integration initiatives across the Valent group since he became president and CEO in 2014.
About Valent U.S.A.
Valent U.S.A. LLC, headquartered in San Ramon, Calif., develops and markets products in the United States and Canada that advance sustainable agriculture, protect crops, enhance crop yields, improve food quality, beautify the environment, and safeguard public health. Valent products include a well-known line of quality herbicide, insecticide, fungicide, and plant growth regulator products for agricultural, seed protection and professional use. Valent is a leader in marketing and sales of both traditional chemical products and biorational products developed by its affiliate, Valent BioSciences LLC.
About Valent BioSciences LLC
Headquartered in Libertyville, Illinois, Valent BioSciences is a subsidiary of Tokyo-based Sumitomo Chemical Co., Ltd., and is the worldwide leader in the development, manufacturing, and commercialization of biorational products with sales in 95 countries around the world. Valent BioSciences is an ISO 9001 Certified Company.
About Sumitomo Chemical Company, Limited
Headquartered in Tokyo, Japan, Sumitomo Chemical is one of Japan’s leading chemical companies. It offers a diverse range of products globally in the fields of petrochemicals, energy and functional materials, IT-related chemicals and materials, health and crop science products, and pharmaceuticals.
Ingevity | October 03, 2022
Ingevity Corporation announced the rebranding of the company’s adsorbed natural gas vehicle business to NeuFuel™ to better reflect the company’s ability to help fleets immediately and cost-effectively transition to a cleaner, carbon-neutral fuel, and meet market needs to expand benefits to the diesel market, including existing diesel vehicles.
Ingevity’s NeuFuel solution enables vehicles to run on carbon-neutral renewable natural gas and provides a more environmentally friendly option for light-duty trucks and vans. Introducing NeuFuel as an option for diesel fleets positions the company to respond to increased demand for low-cost sustainability solutions for existing in-service diesel vehicles such as school buses and delivery trucks and vans.
“What makes Ingevity’s NeuFuel solution unique is that it provides diesel fleets a proven, cost-effective pathway to zero emissions – today - when using their existing diesel vehicles. The name, NeuFuel, distinguishes Ingevity’s solution as an RNG carbon neutral fuel source that helps fleets effectively and efficiently advance their sustainability goals.”
Ingevity executive vice president and president, Performance Materials, Ed Woodcock
The expanded NeuFuel product line is designed to pair with American CNG’s DEMI Diesel Displacer™ to create a dual-fuel, bolt-on solution for existing diesel fleets. Ingevity’s new diesel fuel partner joins a growing number of U.S. natural gas utilities, municipalities, and commercial fleets investing in NeuFuel-equipped vehicles. Additional information on the features and benefits of Ingevity’s NeuFuel technology can be found on the company’s website.
Ingevity: Purify, Protect and Enhance
Ingevity provides products and technologies that purify, protect and enhance the world around us. Through a team of talented and experienced people, we develop, manufacture and bring to market solutions that help customers solve complex problems and make the world more sustainable. We operate in two reporting segments: Performance Chemicals, which includes specialty chemicals and engineered polymers, and Performance Materials, which includes high-performance activated carbon. These products are used in a variety of demanding applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, publication inks, coatings, elastomers, bioplastics and automotive components that reduce gasoline vapor emissions. Headquartered in North Charleston, South Carolina, Ingevity operates from 25 locations around the world and employs approximately 1,850 people.