Sigma Lithium Corporation (TSE:SGML) has released an update.
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Sigma Lithium Corporation has reported a robust first quarter in 2024, with a 25% increase in lithium shipment prices to $1,290/t and a production cost of $397/t, one of the lowest in the industry. The company’s revenue reached $49.1 million from sales of high purity lithium concentrate, while also announcing a final investment decision to build a second Greentech Industrial Plant, significantly expanding production capacity and extending the operational life of its Grota do Cirilo project to 25 years.
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