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(Reuters) - Piedmont Lithium Inc said on Thursday that the company and Atlantic Lithium Ltd will seek legal advice to address the claims made by short-seller Blue Orca Capital.
Blue Orca alleged in a report on Wednesday that the mining licenses obtained by Atlantic in Ghana were through what appeared to be "textbook corruption".
In 2021, Piedmont invested $100 million in Atlantic to secure spodumene - high-purity lithium ore - from Atlantic's mine in Ghana. Piedmont has a spodumene supply agre...
>>> Read more: Piedmont, Atlantic to seek legal advice against short-seller's claims
Blue Orca alleged in a report on Wednesday that the mining licenses obtained by Atlantic in Ghana were through what appeared to be "textbook corruption".
In 2021, Piedmont invested $100 million in Atlantic to secure spodumene - high-purity lithium ore - from Atlantic's mine in Ghana. Piedmont has a spodumene supply agre...
>>> Read more: Piedmont, Atlantic to seek legal advice against short-seller's claims
