Company/Division name | Piedmont Lithium Ltd. |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2023 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 500 |
Country(ies) from which reshored: | Australia |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Nonmetallic Mineral Products |
Product(s) reshored | lithium, concentrated spodumene |
What domestic positive factors made reshoring more attractive? | Government Incentives, Lead time/Time to market, Raw Materials Cost, Other, Biden |