SIGMA LITHIUM SECURES PREMIUM FINAL PRICE OF US$ 1,333/t - Sigma Lithium achieved an increased premium fixed price of US$ 1,333/t (13% VAT included), equivalent to US$ 1,160/t (net of VAT) for its 8th shipment of 22,000 tonnes for delivery within 2 weeks.
- Price discovery was driven through closed private bidding, aiming to maximize the value of its commercial shipment strategy with Glencore.
- This price is final and non-provisional and represents a meaningful increase over the previous premium prices achieved. As a reference, the final price net of VAT is equivalent to 8.75% of the LME Lithium Hydroxide CIF
SAO PAULO, March 27, 2024 /CNW/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral and sustainable, chemical grade lithium concentrate with granulated-particles ("Quintuple Zero Green Chemical Grade Coarse Lithium" or "Product"), is pleased to announce it achieved an increased premium final price of US$ 1,333/t (13% VAT included), equivalent to US$ 1,160/t (net of VAT) for its 8th shipment of 22,000 tonnes currently being delivered to its EXW warehouse at the Port of Vitoria in Brazil.
SIGMA LITHIUM SECURES PREMIUM FINAL PRICE OF US$ 1,333/t FOR 22,000 t OF QUINTUPLE ZERO LITHIUM, WITH 85% PRE-PAYMENT FOR DELIVERY IN 2 WEEKS (newswire.ca)