North American lithium miners Piedmont Lithium and Sayona Mining will rebrand their proposed merged entity as Elevra Lithium.
Each company appointed four nominees to Elevra's board of directors, with Piedmont's Dawne Hickton serving as chair and Sayona's Lucas Dow as managing director and chief executive.
The transaction is expected to close by mid-2025, pending shareholder and regulatory approvals, and other customary conditions.
Piedmont expects to ship between 113,000 and 130,000 dry metric tonnes of spodumene concentrate in 2025.
