Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart McWhorter, and Piedmont Lithium officials announced today the company will invest $582 million to establish a lithium hydroxide processing, refining, and manufacturing facility in Southeast Tennessee.

Located in McMinn County at the North Etowah Industrial Park, a CSX and Select Tennessee Certified Site, Piedmont will create 117 new jobs in Etowah through the company’s expansion to Tennessee.

As a producer of lithium hydroxide, a critical component in the supply chain for both the electric vehicle and battery storage markets, Piedmont’s Tennessee Lithium project will support energy security in the U.S. and the transition to a clean energy economy in North America. The new manufacturing plant will utilize more environmentally responsible and economic processing technology, supporting Piedmont’s objective of becoming a large, low-cost, sustainable producer of lithium products. Click here to read more.