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Sigma Lithium Corp V.SGML

Alternate Symbol(s):  SGML

Sigma Lithium Corporation is a Canada-based global lithium producer dedicated to powering electric vehicle batteries with carbon neutral, socially and environmentally sustainable chemical-grade lithium concentrate. The Company's operations are vertically integrated. It operates at the forefront in the EV battery materials supply chain at its Grota do Cirilo Operation in Brazil. The Company produces Quintuple Zero Green Lithium at its Greentech lithium beneficiation plant that delivers net zero carbon lithium, produced with zero dirty power, zero potable water, zero toxic chemicals and zero tailings' dams. The Company owns 100% of the operating assets indirectly through its subsidiary Sigma Mineracao S.A. (Sigma Brazil), with the leasehold area comprised of approximately 29 mineral rights spread over 185 square kilometers (km2), located within the broader 19,000-hectare land package held by Sigma Brazil (containing the Grota do Cirilo, Sao Jose, Genipapo and Santa Clara properties).


TSXV:SGML - Post by User

Post by MightyPoPoon Jan 16, 2023 7:59am
419 Views
Post# 35225166

Today's Globe

Today's Globetarget raised to $60 by National Bank.

...to $60 from $55.50 with an “outperform” rating. The average target is $59.48.

“We highlight Sigma Lithium as a Top Pick in 2023,” she said. “Low-cost spodumene developer, expected to achieve initial production at its flagship Grota do Cirilo project in Brazil by Q2 2023, with a potential tripling of production capacity by year-end 2024 at our estimates. Our positive outlook on the company is partially offset by its tightly restricted share liquidity as well as our modestly delayed production timeline given significant torrential rainfall in Minas Gerais, Brazil in the past month impeding mining and construction operations in the region according to local reports.”

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