Sayona Mining targets FY 2025 spodumene production of 190K-210K tonnes amid cost improvements and merger plans
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 30 2025
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Source: SeekingAlpha
Operational Performance: Sayona Mining reported a 54% increase in ore mined at North American Lithium, achieving record sales volumes of 66,000 tonnes and a 33% revenue increase to AUD70 million, while also reducing unit operating costs by 6%.
Future Outlook: The company maintains its production guidance for FY 2025 at 190,000 to 210,000 tonnes of spodumene concentrate, with plans to pause exploration for 18 months to update resource estimates, while the merger with Piedmont Lithium is expected to enhance operational synergies and market access.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
