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Piedmont Lithium President and CEO Keith Phillips joins Yahoo Finance Live to discuss Piedmont Lithium's deal with LG Chem, sourcing EV battery materials, and headwinds for the EV industry.
Video Transcript
- Piedmont Lithium shares. Look at that. Up just around 1 and 1/2% today after inking an investment deal with LG Chem. Now, the deal was spurred by the Inflation Reduction Act, which has stipulations about where products and EV batteries come from. That has certainly been a boon to companie...
>>> Read more: Piedmont Lithium CEO: The âbiggest issue facing the EV businessâ is battery production
Video Transcript
- Piedmont Lithium shares. Look at that. Up just around 1 and 1/2% today after inking an investment deal with LG Chem. Now, the deal was spurred by the Inflation Reduction Act, which has stipulations about where products and EV batteries come from. That has certainly been a boon to companie...
>>> Read more: Piedmont Lithium CEO: The âbiggest issue facing the EV businessâ is battery production