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Spark Energy Minerals to Attend Lithium & Critical Mineral Summit in Brazil
Spark Energy Minerals to Attend Lithium & Critical Mineral Summit in Brazil

Yahoo

time03-06-2025

  • Business
  • Yahoo

Spark Energy Minerals to Attend Lithium & Critical Mineral Summit in Brazil

Vancouver, British Columbia--(Newsfile Corp. - June 3, 2025) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) ("Spark" or the "Company") , is pleased to announce its participation as an Executive Dinner Sponsor and speaker in the 2nd Annual Lithium and Critical Mineral Summit in Belo Horizonte, Minas Gerais, Brazil. The Brazil Lithium & Critical Minerals Summit is a groundbreaking pioneer event taking place in Belo Horizonte on June 3rd - 5th 2025. Officially endorsed by Invest Minas, it stands as the exclusive platform in Brazil where the focus is on the burgeoning Lithium Valley. Gathering the most important industry players and international companies eyeing Brazil's lithium and critical mineral reserves, it'll be the sole platform offering direct engagement with the region's decision-makers. Following the overwhelming success of the inaugural summit which gathered over 350 industry leaders from 25+ countries, featured more than 50 distinguished speakers, 40+ sponsors and partners, and facilitated over 180 private business meetings between C-Level executives, the 2025 summit will feature an expanded agenda, bringing together key government officials, investors, mining executives, and industry leaders from around the world. Some notable attendees of this year's conference include Sigma Lithium, Pilbara Minerals, Lithium Ionic, European Investment Bank and Vale. Spark Energy Minerals' CEO and Chair, Eugene Hodgson, together with Vice President of Exploration and Director, Jon Hill, will attend the Summit to engage with industry participants and discuss the Company's flagship Arapaima Lithium and Rare Earth Elements (REE) Project. Mr. Hill is also scheduled to present on the morning of June 4, 2025, providing a valuable opportunity to showcase Spark's project to an industry wide audience. The Arapaima Lithium & REE project covers a combined land package of 919 km² and is a highly prospective early-stage exploration project with compelling lithium and REE potential. Highlights Identification of 123 individual pegmatite occurrences across 13 trends with a combined strike length of 31 km. Discovery of anomalous lithium values in rock chip samples (up to 1,397 ppm Li) and stream sediments (up to 191 ppm Li), as well as evolved pegmatites with K/Rb ratios as low as 23.84, potentially indicative of spodumene-rich LCT pegmatites. Promising REE mineralization in the Caladão Granite, with soil samples returning >3,000 ppm TREO and stream sediments >6,000 ppm TREO, adjacent to high-grade drill results reported by neighbouring company Axel REE Limited. Excellent access via sealed roads and proximity to established infrastructure and the producing Sigma Lithium mine, located just 15 km away. Figure 1: Arapaima Lithium and REE project tenements relative to neighbouring projects To view an enhanced version of this graphic, please visit: "This conference is a remarkable opportunity to showcase the transformative journey of the Arapaima Li & REE project," stated Eugene Hodgson, CEO & Director of Spark. "We look forward to engaging with other esteemed attendees throughout the conference in the hopes of finding synergies and driving further progress in the exceptional jurisdiction of Brazil." Corporate Appointment Spark Energy Minerals is pleased to welcome Bonn Smith as Vice President, Corporate Development, succeeding Aaron Wong. Mr. Smith brings over 15 years of capital markets expertise and senior leadership experience, most recently serving as President & CEO of GoldHaven Resources Corp. His appointment reflects Spark's ongoing commitment to advancing its strategic growth and investor engagement initiatives. The Company thanks Mr. Wong for his contributions and wishes him continued success in his future endeavours. Qualified Person The scientific and technical information disclosed in this document has been reviewed and approved by Jonathan Victor Hill BSc Hons, FAUSIMM, a Qualified Person consistent with NI 43-101 and a director of Spark Energy Minerals Inc. About Spark Energy Minerals Inc. Spark Energy Minerals, Inc. is a Canadian company focused on the acquisition, exploration, and development of battery metals and mineral assets, with a particular emphasis on its substantial interests in Brazil. The Company's flagship project is the Arapaima Lithium & REE project spanning a combined 91,900 hectares in Brazil's renowned Lithium Valley, one of the most prolific mining regions in the world. This region is rapidly gaining global recognition for its vast deposits of lithium and rare earth minerals, positioning Brazil as a critical player in the global energy transition. Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. FOR ADDITIONAL INFORMATION, SEE THE COMPANY'S WEBSITE AT to info@ Eugene Hodgson, CEO, Tel. +1-778-744-0742 Forward-Looking Statement Disclaimer Certain statements contained in this release may constitute "forward-looking statements" or "forward-looking information" (collectively "forward-looking information") as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated", "anticipates" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. In addition, it should be noted that rock, soil and stream sediment samples are inherently selective samples and may not represent the true underlying mineralization. The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Some Analysts Just Cut Their Sigma Lithium Corporation (NASDAQ:SGML) Estimates
Some Analysts Just Cut Their Sigma Lithium Corporation (NASDAQ:SGML) Estimates

Yahoo

time24-05-2025

  • Business
  • Yahoo

Some Analysts Just Cut Their Sigma Lithium Corporation (NASDAQ:SGML) Estimates

One thing we could say about the analysts on Sigma Lithium Corporation (NASDAQ:SGML) - they aren't optimistic, having just made a major negative revision to their near-term (statutory) forecasts for the organization. This report focused on revenue estimates, and it looks as though the consensus view of the business has become substantially more conservative. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Following the downgrade, the most recent consensus for Sigma Lithium from its four analysts is for revenues of CA$244m in 2025 which, if met, would be a decent 11% increase on its sales over the past 12 months. Before the latest update, the analysts were foreseeing CA$266m of revenue in 2025. It looks like the analysts have become a bit less bullish on Sigma Lithium, given the slight decrease in revenue estimates after the latest consensus updates. View our latest analysis for Sigma Lithium Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that Sigma Lithium's revenue growth is expected to slow, with the forecast 16% annualised growth rate until the end of 2025 being well below the historical 79% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 4.6% annually. Even after the forecast slowdown in growth, it seems obvious that Sigma Lithium is also expected to grow faster than the wider industry. The clear low-light was that analysts slashing their revenue forecasts for Sigma Lithium this year. The analysts also expect revenues to grow faster than the wider market. Often, one downgrade can set off a daisy-chain of cuts, especially if an industry is in decline. So we wouldn't be surprised if the market became a lot more cautious on Sigma Lithium after today. Hungry for more information? We have estimates for Sigma Lithium from its four analysts out until 2027, and you can see them free on our platform here. Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies backed by insiders. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Is Sigma Lithium Corporation (SGML) the Best Small Cap EV Stock to Buy?
Is Sigma Lithium Corporation (SGML) the Best Small Cap EV Stock to Buy?

Yahoo

time11-05-2025

  • Automotive
  • Yahoo

Is Sigma Lithium Corporation (SGML) the Best Small Cap EV Stock to Buy?

We recently compiled a list of the 12 Small Cap EV Stocks to Buy Now. In this article, we are going to take a look at where Sigma Lithium Corporation (NASDAQ:SGML) stands against the other small-cap EV stocks. In 2024, electric vehicles (EVs) represented 8.1% of the 16 million vehicles sold in the United States, according to Cox Automotive. While this was a record share, it was still below the 10% that analysts had expected at the beginning of the year. Despite this, some believe that the EV market may be picking up pace. READ ALSO: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Despite the fact that overall EV adoption has been slower than expected, brands like Cadillac are expanding their electric lineup. By the end of 2025, Cadillac plans to offer five EVs. These include the Escalade IQ, Optiq crossover, Lyriq, the upcoming three-row Vistiq, and the luxury Celestiq. Cadillac expects roughly one in three vehicles it sells in the US this year will be all-electric. Brad Franz, Cadillac's director of marketing, told CNBC that the company is launching EVs to grow its business and attract new customers to the brand instead of just shifting sales from gas-powered cars. According to Franz, the EV portfolio will offer customers more choices. In 2024, the company sold about 29,000 EVs. For 2025, Cadillac aims for EVs to make up between 30% to 35% of its sales in the US. However, Cadillac has abandoned its earlier plan to sell only EVs by 2030. Instead, the company said that customer demand will determine the elimination of gas-powered vehicles. This approach reflects a broader trend. A number of automakers have turned their back on plans to exclusively sell EVs in the near future as customer adoption has not been as fast as expected. To compile our list of the 12 small-cap EV stocks to buy now, we reviewed our own rankings and consulted various online resources to compile a list of the best small-cap EV stocks. Please note that we defined small-cap stocks as those with a market capitalization between $500 million and $10 billion. From an initial pool of more than 20 small-cap EV stocks that met our criteria, we focused on the top 12 stocks most favored by institutional investors. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey's Q4 2024 database of more than 1,000 elite hedge funds. The 12 small-cap EV stocks to buy now were then ranked in ascending order based on the number of hedge funds holding stakes in them as of Q4 2024. Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A miner hard at work, extracting raw lithium from a mineral resource. Market Capitalization: $783.73 Million Number of Hedge Fund Holders: 21 Sigma Lithium Corporation (NASDAQ:SGML) is a leading Canadian company that focuses on producing lithium for electric vehicle batteries. The company produces Quintuple Zero Green Lithium at its Grota do Cirilo operation in Brazil. This net-zero carbon lithium is made with zero toxic chemicals, no potable water, and no tailings dams. Sigma Lithium Corporation (NASDAQ:SGML) is one of the best EV stocks to invest in. The company is actively working to increase its production capacity. In Q4 2024, Sigma Lithium Corporation (NASDAQ:SGML) achieved record quarterly production. As a result of the improved efficiencies and the completion of new ultrafines circuit at its Greentech Industrial Lithium Plant, the company increased its production by 28% and produced more than 77,000 tonnes of Quintuple Zero Lithium Concentrate in Q4 2024. For the full year 2024, Sigma Lithium Corporation (NASDAQ:SGML) reported that total production reached over 240,000 tonnes. The company also advanced construction of its Plant 2 in Q4 2024 and completed procurement of long-lead items and foundational work. Sigma Lithium Corporation (NASDAQ:SGML) expects plant commissioning to start in Q4 2025. For the full year 2025, the company aims to produce at least 270,000 tonnes of its Quintuple Zero Lithium Concentrate. Overall, SGML ranks 9th on our list of small-cap EV stocks to buy now. While we acknowledge the potential of SGML as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SGML but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

SIGMA LITHIUM ANNOUNCES 1Q25 PREVIEW: OUTPERFORMS TARGETS, OPERATIONAL PROFITABILITY, 24% EBITDA MARGIN
SIGMA LITHIUM ANNOUNCES 1Q25 PREVIEW: OUTPERFORMS TARGETS, OPERATIONAL PROFITABILITY, 24% EBITDA MARGIN

Cision Canada

time08-05-2025

  • Business
  • Cision Canada

SIGMA LITHIUM ANNOUNCES 1Q25 PREVIEW: OUTPERFORMS TARGETS, OPERATIONAL PROFITABILITY, 24% EBITDA MARGIN

Sigma Lithium continued to demonstrate its operational resilience delivering strong financial performance: Production of 68,308t of lithium oxide, above target and 26% higher than 1Q24. CIF China Cash Costs and All-In Sustaining Costs: US$458/t and US$622/t, respectively 8% and 6% better than FY 2025 targets. EBITDA and adjusted EBITDA for non-cash expenses: US$10m and US$11.4m, respectively, representing 21% and 24% EBITDA margins; and a significant 28% increase in revenues compared to 1Q24. The Company was truly honored by the overwhelming positive endorsement received from our communities at Vale do Jequitinhonha, demonstrated by over 2,000 supporters during the public hearings on lithium production at Brazil's Lithium Valley: An unprecedented 91% of favorable depositions and testimonials from the residents of cities Itinga and Araçuaí. We are also proud to be able to count on the unequivocal support of Brazil's Federal Government and of Minas Gerais State Government: Sigma Lithium has become a locomotive of prosperity in the region, creating over 1,700 direct and 20,000 indirect jobs with more than 21,000 people benefiting from our social inclusion programs of microcredit and irrigation for subsistence family agriculture. SíO PAULO, May 7, 2025 /CNW/ -- Sigma Lithium Corporation (TSXV/NASDAQ: SGML, BVMF: S2GM34) (" Sigma Lithium" or the " Company"), a leading global lithium producer dedicated to powering the next generation of electric vehicles with socially and environmentally sustainable lithium concentrate, is releasing a preview of its first quarter 2025 earnings, ahead of the Company's senior management participation in several key events next week, including Brazil Week in New York and the APEX Brazil-China Seminar in Beijing, held during the visit of Brazil's Presidential Delegation. Sigma Lithium delivered a superb operational performance in the first quarter of 2025, with both production and low costs outperforming the Company's full-year 2025 targets. Building on the positive trajectory of financial performance established over the last year, the Company achieved significant improvements across all key metrics compared to the first quarter of 2024, despite a weaker lithium pricing environment: lower costs, increased production and sales volumes, and higher revenues and EBITDA. Key Operational and Financial Highlights: The Company's Co-Chairperson and CEO, Ana Cabral, commented, "Our teams have delivered superb execution in the 1Q25, which is demonstrated by our continued strong financial performance across all metrics. This quarter, we continued to outperform the financial targets set for FY2025, highlighted by our low all-in-sustaining-costs, amongst the lowest in the entire lithium industry. As a result, we built significant operational resilience which enables us to successful navigate the lithium price cycles. The financial strengthening of the Company over the last year is also demonstrated by our significant financial outperformance versus the 1Q24, achieved by our relentless execution and strong focus on "what we can control". We remain committed to progressing responsibly and with discipline with our growth strategy, to build lasting value for all of our stakeholders." The strategic location of the Company's subsidiary Sigma Brazil, responsible for 100% of its operations in Brazil, a diplomatically neutral, investor-friendly country and BRIC leader, helped insulate the Company from global trade disruptions and broader geopolitical tensions. Sigma Brazil delivers its lithium oxide materials to all markets, continuously increasing its global market share as it increases production, while strengthening and expanding its client relationships and international reach. We are proud to be able to count on the unequivocal support of Brazil's Federal Government and of Minas Gerais State Government. We were also truly honored by the overwhelming support received from our communities at Vale do Jequitinhonha, demonstrated by over 2,000 supporters and an unprecedented 91% of positive depositions and testimonials given by residents of our cities Itinga and Aracuai during the public hearings regarding lithium production at Brazil's Lithium Valley conducted by the State of Minas Gerais District Attorney (" Ministerio Publico") with all companies operating in the region. The Company expects to release the full first quarter of 2025 financial and operating results on May 14, 2025 after the market closes. The Company will host a conference call to discuss these results on May 15, 2025, at 8:00 AM ET. To participate in the call, click here to register ABOUT SIGMA LITHIUM Sigma Lithium (NASDAQ: SGML, TSXV: SGML, BVMF: S2GM34) is a leading global lithium producer dedicated to powering the next generation of electric vehicle batteries with carbon neutral, socially and environmentally sustainable chemical-grade lithium concentrate. The Company operates one of the world's largest lithium production sites—the fifth-largest industrial-mineral complex for lithium oxide—at its Grota do Cirilo Operation in Brazil. Sigma Lithium is at the forefront of environmental and social sustainability in the electric vehicle battery materials supply chain, producing Quintuple Zero Green Lithium: net-zero carbon lithium made with zero dirty power, zero potable water, zero toxic chemicals, and zero tailings dams. Sigma Lithium currently produces 270,000 tonnes of lithium oxide concentrate on an annualized basis (approximately 38,000–40,000 tonnes of LCE) at its state-of-the-art Greentech Industrial Lithium Plant. The Company is now constructing a second plant to double production capacity to 520,000 tonnes of lithium oxide concentrate (approximately 77,000–80,000 tonnes of LCE). For more information about Sigma Lithium, visit our website Sigma Lithium FORWARD-LOOKING STATEMENTS This news release includes certain "forward-looking information" under applicable Canadian and U.S. securities legislation, including but not limited to statements relating to timing and costs related to the general business and operational outlook of the Company, the environmental footprint of tailings and positive ecosystem impact relating thereto, donation and upcycling of tailings, timing and quantities relating to tailings and Green Lithium, achievements and projections relating to the Zero Tailings strategy, achievement of ramp-up volumes, production estimates and the operational status of the Groto do Cirilo Project, and other forward-looking information. All statements that address future plans, activities, events, estimates, expectations or developments that the Company believes, expects or anticipates will or may occur is forward-looking information, including statements regarding the potential development of mineral resources and mineral reserves which may or may not occur. Forward-looking information contained herein is based on certain assumptions regarding, among other things: general economic and political conditions; the stable and supportive legislative, regulatory and community environment in Brazil; demand for lithium, including that such demand is supported by growth in the electric vehicle market; the Company's market position and future financial and operating performance; the Company's estimates of mineral resources and mineral reserves, including whether mineral resources will ever be developed into mineral reserves; and the Company's ability to operate its mineral projects including that the Company will not experience any materials or equipment shortages, any labour or service provider outages or delays or any technical issues. Although management believes that the assumptions and expectations reflected in the forward-looking information are reasonable, there can be no assurance that these assumptions and expectations will prove to be correct. Forward-looking information inherently involves and is subject to risks and uncertainties, including but not limited to that the market prices for lithium may not remain at current levels; and the market for electric vehicles and other large format batteries currently has limited market share and no assurances can be given for the rate at which this market will develop, if at all, which could affect the success of the Company and its ability to develop lithium operations. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, except as required by law. For more information on the risks, uncertainties and assumptions that could cause our actual results to differ from current expectations, please refer to the current annual information form of the Company and other public filings available under the Company's profile at Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. 1 Financial metrics are based on the expected results for the three months ended March 31, 2025. Unit operating Plant Gate costs include mining, processing and on-site G&A expenses. It is calculated on an incurred basis, credits for any capitalised mine waste development costs, and it excludes depreciation, depletion and amortization of mine and processing associated activities. When reported on CIF basis reported cash costs include trucking, warehousing and port related expenses, ocean freight, insurance and royalties. Cash gross margin is revenue, net of cost of products sold (excluding D&A), expressed as a percentage of reported revenues. EBITDA is a non-IFRS measure of the Company's recurring core earnings profile. It is calculated as revenue minus cash operating and selling expenses, excluding depreciation and amortization (D&A) expenses.

SIGMA LITHIUM ANNOUNCES 1Q25 PREVIEW: OUTPERFORMS TARGETS, OPERATIONAL PROFITABILITY, 24% EBITDA MARGIN
SIGMA LITHIUM ANNOUNCES 1Q25 PREVIEW: OUTPERFORMS TARGETS, OPERATIONAL PROFITABILITY, 24% EBITDA MARGIN

Yahoo

time08-05-2025

  • Business
  • Yahoo

SIGMA LITHIUM ANNOUNCES 1Q25 PREVIEW: OUTPERFORMS TARGETS, OPERATIONAL PROFITABILITY, 24% EBITDA MARGIN

The Company's Co-Chairperson and CEO, Ana Cabral, commented, "Our teams have delivered superb execution in the 1Q25, which is demonstrated by our continued strong financial performance across all metrics. This quarter, we continued to outperform the financial targets set for FY2025, highlighted by our low all-in-sustaining-costs, amongst the lowest in the entire lithium industry. As a result, we built significant operational resilience which enables us to successful navigate the lithium price cycles. The financial strengthening of the Company over the last year is also demonstrated by our significant financial outperformance versus the 1Q24, achieved by our relentless execution and strong focus on "what we can control". We remain committed to progressing responsibly and with discipline with our growth strategy, to build lasting value for all of our stakeholders." Sigma Lithium delivered a superb operational performance in the first quarter of 2025, with both production and low costs outperforming the Company's full-year 2025 targets. Building on the positive trajectory of financial performance established over the last year, the Company achieved significant improvements across all key metrics compared to the first quarter of 2024, despite a weaker lithium pricing environment: lower costs, increased production and sales volumes, and higher revenues and EBITDA. SíO PAULO, May 7, 2025 /CNW/ -- Sigma Lithium Corporation (TSXV/NASDAQ: SGML, BVMF: S2GM34) (" Sigma Lithium " or the " Company "), a leading global lithium producer dedicated to powering the next generation of electric vehicles with socially and environmentally sustainable lithium concentrate, is releasing a preview of its first quarter 2025 earnings, ahead of the Company's senior management participation in several key events next week, including Brazil Week in New York and the APEX Brazil-China Seminar in Beijing, held during the visit of Brazil's Presidential Delegation. Sigma Lithium has become a locomotive of prosperity in the region, creating over 1,700 direct and 20,000 indirect jobs with more than 21,000 people benefiting from our social inclusion programs of microcredit and irrigation for subsistence family agriculture. The Company was truly honored by the overwhelming positive endorsement received from our communities at Vale do Jequitinhonha, demonstrated by over 2,000 supporters during the public hearings on lithium production at Brazil's Lithium Valley: Story Continues The strategic location of the Company's subsidiary Sigma Brazil, responsible for 100% of its operations in Brazil, a diplomatically neutral, investor-friendly country and BRIC leader, helped insulate the Company from global trade disruptions and broader geopolitical tensions. Sigma Brazil delivers its lithium oxide materials to all markets, continuously increasing its global market share as it increases production, while strengthening and expanding its client relationships and international reach. We are proud to be able to count on the unequivocal support of Brazil's Federal Government and of Minas Gerais State Government. We were also truly honored by the overwhelming support received from our communities at Vale do Jequitinhonha, demonstrated by over 2,000 supporters and an unprecedented 91% of positive depositions and testimonials given by residents of our cities Itinga and Aracuai during the public hearings regarding lithium production at Brazil's Lithium Valley conducted by the State of Minas Gerais District Attorney ("Ministerio Publico") with all companies operating in the region. The Company expects to release the full first quarter of 2025 financial and operating results on May 14, 2025 after the market closes. The Company will host a conference call to discuss these results on May 15, 2025, at 8:00 AM ET. To participate in the call, click here to register ABOUT SIGMA LITHIUM Sigma Lithium (NASDAQ: SGML, TSXV: SGML, BVMF: S2GM34) is a leading global lithium producer dedicated to powering the next generation of electric vehicle batteries with carbon neutral, socially and environmentally sustainable chemical-grade lithium concentrate. The Company operates one of the world's largest lithium production sites—the fifth-largest industrial-mineral complex for lithium oxide—at its Grota do Cirilo Operation in Brazil. Sigma Lithium is at the forefront of environmental and social sustainability in the electric vehicle battery materials supply chain, producing Quintuple Zero Green Lithium: net-zero carbon lithium made with zero dirty power, zero potable water, zero toxic chemicals, and zero tailings dams. Sigma Lithium currently produces 270,000 tonnes of lithium oxide concentrate on an annualized basis (approximately 38,000–40,000 tonnes of LCE) at its state-of-the-art Greentech Industrial Lithium Plant. The Company is now constructing a second plant to double production capacity to 520,000 tonnes of lithium oxide concentrate (approximately 77,000–80,000 tonnes of LCE). For more information about Sigma Lithium, visit our website Sigma Lithium LinkedIn: Sigma Lithium Instagram: @sigmalithium Twitter: @SigmaLithium FORWARD-LOOKING STATEMENTS This news release includes certain "forward-looking information" under applicable Canadian and U.S. securities legislation, including but not limited to statements relating to timing and costs related to the general business and operational outlook of the Company, the environmental footprint of tailings and positive ecosystem impact relating thereto, donation and upcycling of tailings, timing and quantities relating to tailings and Green Lithium, achievements and projections relating to the Zero Tailings strategy, achievement of ramp-up volumes, production estimates and the operational status of the Groto do Cirilo Project, and other forward-looking information. All statements that address future plans, activities, events, estimates, expectations or developments that the Company believes, expects or anticipates will or may occur is forward-looking information, including statements regarding the potential development of mineral resources and mineral reserves which may or may not occur. Forward-looking information contained herein is based on certain assumptions regarding, among other things: general economic and political conditions; the stable and supportive legislative, regulatory and community environment in Brazil; demand for lithium, including that such demand is supported by growth in the electric vehicle market; the Company's market position and future financial and operating performance; the Company's estimates of mineral resources and mineral reserves, including whether mineral resources will ever be developed into mineral reserves; and the Company's ability to operate its mineral projects including that the Company will not experience any materials or equipment shortages, any labour or service provider outages or delays or any technical issues. Although management believes that the assumptions and expectations reflected in the forward-looking information are reasonable, there can be no assurance that these assumptions and expectations will prove to be correct. Forward-looking information inherently involves and is subject to risks and uncertainties, including but not limited to that the market prices for lithium may not remain at current levels; and the market for electric vehicles and other large format batteries currently has limited market share and no assurances can be given for the rate at which this market will develop, if at all, which could affect the success of the Company and its ability to develop lithium operations. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, except as required by law. For more information on the risks, uncertainties and assumptions that could cause our actual results to differ from current expectations, please refer to the current annual information form of the Company and other public filings available under the Company's profile at Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. 1Financial metrics are based on the expected results for the three months ended March 31, 2025. Unit operating Plant Gate costs include mining, processing and on-site G&A expenses. It is calculated on an incurred basis, credits for any capitalised mine waste development costs, and it excludes depreciation, depletion and amortization of mine and processing associated activities. When reported on CIF basis reported cash costs include trucking, warehousing and port related expenses, ocean freight, insurance and royalties. Cash gross margin is revenue, net of cost of products sold (excluding D&A), expressed as a percentage of reported revenues. EBITDA is a non-IFRS measure of the Company's recurring core earnings profile. It is calculated as revenue minus cash operating and selling expenses, excluding depreciation and amortization (D&A) expenses. Cision View original content to download multimedia: SOURCE Sigma Lithium Corporation Cision View original content to download multimedia:

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