Sigma Lithium’s chief controls officer exits company in latest shake-up
Sigma Lithium’s chief controls officer (CCO) Raphael Dias has left the company, he told Reuters on Friday, in the latest management shakeup at the Vancouver-based miner.
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Sigma Lithium’s former co-CEO fired for trading in blackout period
Mining News Pro - The former co-CEO of Sigma Lithium, a leader in Brazil’s budding lithium sector, was fired earlier this year for trading its shares during a quarterly earnings blackout period, according to legal correspondence in a civil lawsuit, trading data and two people familiar with the matter.
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Sigma Lithium shares jump as it posts first quarterly profit
Mining News Pro - Sigma Lithium reported on Wednesday a revenue of $97 million for the third quarter of 2023, marking the company’s first revenue-generating quarter.
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Brazil mineral rights dispute casts shadow on Sigma Lithium expansion
Mining News Pro - A Brazilian court injunction is halting the sale or mining of two plots of land where takeover target Sigma Lithium is planning open pits, according to court documents seen by Reuters.
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Sigma Lithium surges after attracting strategic proposals
Mining News Pro - Sigma Lithium Corp. surged 15% after saying it’s reviewing a number of strategic approaches in the latest sign of rampant dealmaking in the sector.
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Tesla considering a bid for Sigma Lithium
Mining News Pro - Tesla Inc. has been weighing a takeover of battery-metals miner Sigma Lithium Corp., people with knowledge of the matter said, amid rampant demand for the metal used in electric vehicle batteries.
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Sigma Lithium secures $100 million for Brazil mine expansion
Mining News Pro - The Canadian miner said the debt-financing deal extends until August 2023, which gives it enough time to ramp up production at Grota do Cirilo, one of the largest hard rock lithium deposits in the Americas.
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Sigma Lithium to wrap up first phase of $5.1bn Brazil project next month
Mining News Pro - Sigman Lithium, which values the project at $5.1 billion, expects to generate significant free cash flows in the second quarter of 2023, thanks to strong metal prices.
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Sigma Lithium’s project in Brazil to benefit from new rules
Mining News Pro - Canadian minerals explorer Sigma Lithium said on Tuesday its 25%-ready Grota do Cirilo lithium project in Brazil will benefit from a presidential decree issued last week allowing unrestricted trade of any products containing the battery metal.
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Sigma Lithium to start civil works at vast Brazilian project
Mining News Pro - Sigma Lithium has finished building the production plant foundation for Phase 1of its Grota do Cirilo lithium project in Brazil, the largest hard rock lithium deposit in the Americas.
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Lithium squeeze has Sigma looking to double Brazil capacity
Mining News Pro - With battery makers screaming out for new supplies of lithium, a Brazilian-focused company is raising its initial output projection and turning toward a second-stage development.
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Sigma joining lithium top tier after doubling Brazil project capacity
Mining News Pro - Sigma Lithium Resources’ preliminary economic assessment (PEA) for the second deposit at its Grota do Cirilo project, released on Wednesday, doubles production capacity of battery-grade lithium concentrate to around 440,000 tonnes per year (66,000 lithium carbonate equivalent)
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Brazilian lithium producer Sigma in talks with Tesla, other automakers
Mining News Pro - Brazil-based lithium startup Sigma Lithium Resources Corp has held talks with Tesla Inc and other automakers about supplying the key battery ingredient in the coming years, the company’s chief executive said on Thursday.
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