Electric Royalties Ltd. announced that Sayona Mining Limited has completed a AUD 190 million institutional placement to fund the restart of spodumene concentrate production at Sayona's North American Lithium ("NAL") operation in Québec, Canada (Sayona 75%; Piedmont Lithium 25%) and broader development initiatives, including AUD 35 million earmarked for Authier development activities. As part of its plans to create a lithium mining hub in the Abitibi region of Québec, Sayona aims to restore operations at NAL and integrate it with its wholly owned Authier Project. The restart of the NAL operation would allow Sayona to launch production ahead of other North American projects.
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5-day change | 1st Jan Change | ||
0.034 AUD | 0.00% | -2.86% | -52.11% |
Apr. 22 | Troilus Gold Says Sayona Mining Has Divested Its Entire Equity Position in Troilus | MT |
Apr. 22 | Troilus Gold Brief: Says Sayona Mining Has Divested Its Entire Equity Position in Troilus | MT |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
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-52.11% | 225M | |
+29.64% | 86.26B | |
+14.99% | 70.21B | |
-.--% | 27.32B | |
+38.59% | 10.31B | |
+24.02% | 9.26B | |
+9.19% | 8.6B | |
-5.42% | 7.14B | |
+45.34% | 6.82B | |
+23.70% | 5.21B |
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- Sayona Mining Limited Completes AUD 190 Million Institutional Placement to Fund the Restart of Spodumene Concentrate Production at its North American Lithium Operation in Québec, Canada