# Piedmont Lithium

> Australian public company

**Wikidata**: [Q106238481](https://www.wikidata.org/wiki/Q106238481)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Piedmont_Lithium)  
**Source**: https://4ort.xyz/entity/piedmont-lithium

## Summary
Piedmont Lithium is an Australian public company listed on the Australian Securities Exchange (ASX) under the ticker PLL. It is a publicly traded entity that offers its securities to the general public, allowing shareholders to buy and sell ownership stakes through the stock market.

## Key Facts
- A public company that offers its securities for sale to the general public.
- Listed on the Australian Securities Exchange (ASX) with the ticker symbol PLL.
- Has an official name of PIEDMONT LITHIUM INC.
- Market capitalization as of November 18, 2021, was 1,340,963,878 Australian dollars.
- First traded on the ASX on March 28, 1983.
- Recognized globally with a Wikipedia entry in English.
- Aliases include PIEDMONT LITHIUM INC.

## FAQs
**What is Piedmont Lithium?**
Piedmont Lithium is an Australian public company that offers its securities for sale to the general public, listed on the Australian Securities Exchange (ASX) under the ticker PLL.

**How is Piedmont Lithium different from a private company?**
Unlike a private company, Piedmont Lithium's shares are traded on a public market, allowing any member of the public to buy and sell ownership stakes.

**Who owns Piedmont Lithium?**
Piedmont Lithium is owned by its shareholders, which include individuals, institutional investors, and other entities that have purchased its publicly traded securities.

**Where is Piedmont Lithium listed?**
Piedmont Lithium is listed on the Australian Securities Exchange (ASX) under the ticker symbol PLL.

**What is the market capitalization of Piedmont Lithium?**
As of November 18, 2021, Piedmont Lithium had a market capitalization of 1,340,963,878 Australian dollars.

## Why It Matters
Piedmont Lithium plays a critical role in the global economy by facilitating investment and driving economic growth through its public listing. As a publicly traded company, it provides liquidity for investors, allowing them to easily buy and sell ownership stakes. The company's adherence to strict regulatory disclosure and reporting standards promotes transparency for investors, ensuring accountability and trust in the financial markets. Additionally, Piedmont Lithium contributes to wealth creation and retirement savings for millions of individuals through public stock markets, reinforcing its significance in modern capitalism.

## Notable For
- Being the first publicly traded company on the Australian Securities Exchange (ASX) under the ticker PLL.
- Having a market capitalization of 1,340,963,878 Australian dollars as of November 18, 2021.
- Offering its securities for sale to the general public, allowing widespread ownership.
- Providing a mechanism for large-scale capital formation and business expansion.
- Adhering to strict regulatory disclosure and reporting standards, promoting transparency in the financial markets.

## Body

### Definition and Core Characteristics
Piedmont Lithium is an Australian public company that offers its securities for sale to the general public. This classification distinguishes it from private companies, which raise funds from a smaller, closed group of investors. The process of becoming a public company for Piedmont Lithium is known as an initial public offering (IPO), which occurred on March 28, 1983.

### Terminology and Aliases
Piedmont Lithium is known by several names, including PIEDMONT LITHIUM INC. and publicly traded company. The entity is recognized globally, with a Wikipedia entry available in English. Common aliases include "publicly held company" and "listed company."

### Classification and Type
Piedmont Lithium is a specific type of joint-stock company and is considered a distinct legal form of organization. It is a subclass of an "enterprise" and is a public company, meaning its ownership is distributed among the general public shareholders. It is important to distinguish it from a "public enterprise" or "cooperative," which have different ownership structures.

### Ownership and Governance
The ownership of Piedmont Lithium is held by its shareholders. Governance is typically provided by a board of directors elected by the shareholders. This separation of ownership (shareholders) and control (management/board) is a classic feature of the corporate structure.

### Global Presence and Recognition
Piedmont Lithium is recognized globally, with a Wikipedia entry available in English. The concept of a public company is discussed in numerous languages, including Arabic, Bengali, Chinese, French, Hindi, Japanese, and Russian. It is a subject covered in financial resources like Investopedia and academic resources like ScienceDirect under topics such as "economics-econometrics-and-finance/public-company."

### Market Performance
As of November 18, 2021, Piedmont Lithium had a market capitalization of 1,340,963,878 Australian dollars. This figure reflects the total value of the company's outstanding shares, providing insight into its financial health and investor confidence. The company's performance on the ASX is subject to market fluctuations and regulatory oversight.

### Regulatory and Compliance
Piedmont Lithium is subject to strict regulatory disclosure and reporting standards, ensuring transparency for investors. The company must adhere to the rules and regulations set forth by the Australian Securities Exchange (ASX) and other relevant authorities. This compliance requirement is crucial for maintaining investor trust and market integrity.

### Investment and Liquidity
As a publicly traded company, Piedmont Lithium provides liquidity for investors, allowing them to easily buy and sell ownership stakes. This liquidity is essential for facilitating capital formation and supporting business expansion. The company's listing on the ASX enables it to access a wide pool of investors, both domestic and international.

### Economic Impact
Piedmont Lithium plays a significant role in the global economy by facilitating investment and driving economic growth. Its public listing allows for large-scale capital formation, which is crucial for business expansion, innovation, and infrastructure projects. The company's adherence to regulatory standards promotes transparency and accountability in the financial markets.

## References

1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)