Sigma Lithium (TSE:SGML) has released an update.
Sigma Lithium has announced its ninth shipment, a 22,000-tonne load of high-purity ‘Quintuple Zero Green Lithium’ to LX International, achieving a premium price with a fixed formula at 9% of the LME lithium hydroxide rate. This pricing strategy comes from an auction-price discovery process that ensures fair risk-reward distribution and value creation for the company. The shipment underscores Sigma Lithium’s commercial strategy success and its ability to diversify and solidify customer relationships, particularly with South Korean industrial entities.
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