Piedmont Lithium Ltd. (ASX:PLL) has had approval to acquire 26 per cent more US land rich in lithium, taking the company’s total acquisitions in the United States to 715 acres.
The North Carolina site situated in the historic Tin-Spodumene Belt has been approved by local landowners.
CEO Keith Phillips said the mining company is seeking to grow its mineral resources in the area. Phase 2 of the mining company’s drilling campaign is close to completion, with results expected to be released in the coming weeks.
Shares in Piedmont Lithium Ltd (ASX:PLL) were last trading up 11.54 per cent to 14c.