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Sigma Lithium Corporation - $SGML STOCK NEWS

Welcome to our dedicated page for Sigma Lithium Corporation news (Ticker: $SGML), a resource for investors and traders seeking the latest updates and insights on Sigma Lithium Corporation stock.

Sigma Lithium Corporation (NASDAQ: SGML, TSXV: SGML, BVMF: S2GM34) is a pioneering global lithium producer, dedicated to powering the next generation of electric vehicle (EV) batteries with environmentally sustainable and high-purity lithium. The company's flagship project, the Grota do Cirilo Project in Brazil, is one of the highest-grade hard rock lithium spodumene deposits in the Americas.

Sigma Lithium is committed to producing Quintuple Zero Green Lithium concentrate, which is characterized by being carbon-neutral, using 100% renewable energy, 100% recycled water, and 100% dry-stacked tailings. This commitment to sustainability extends to their operational practices, which include the expansion of the Atlantic Forest Conservation program in Brazil to create a

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FAQ

What is Sigma Lithium Corporation?

Sigma Lithium Corporation is a global lithium producer dedicated to supplying environmentally sustainable, high-purity lithium for electric vehicle batteries.

Where is Sigma Lithium's main project located?

Sigma Lithium's main project, the Grota do Cirilo Project, is located in Brazil.

What products does Sigma Lithium produce?

Sigma Lithium produces Quintuple Zero Green Lithium concentrate, which is carbon-neutral and environmentally sustainable.

How does Sigma Lithium ensure environmental sustainability?

Sigma Lithium ensures environmental sustainability by using 100% renewable energy, 100% recycled water, and 100% dry-stacked tailings in their operations.

What recent achievement has Sigma Lithium made in conservation?

Sigma Lithium expanded the Atlantic Forest Conservation program, creating a 'Conservation Belt Against Deforestation' around the Medio Vale do Jequitinhonha region in Brazil.

What is the annual production capacity of Sigma Lithium's Phase 1 project?

The annual production capacity of Sigma Lithium’s Phase 1 project is 270,000 tonnes of lithium concentrate.

What is the significance of the Conservation Belt initiative?

The Conservation Belt initiative aims to protect tropical forests to mitigate climate change impacts and preserve biodiversity in Brazil.

Has Sigma Lithium faced any compliance issues recently?

Yes, Sigma Lithium received a letter from Nasdaq indicating non-compliance due to a delayed filing of its Form 40-F.

What financial steps has Sigma Lithium taken recently?

Sigma Lithium filed its audited consolidated financial statements for the year ended December 31, 2023, and is working to regain compliance with Nasdaq rules.

What is Sigma Lithium's impact on the local community?

Sigma Lithium has invested in social capital expenditures and created approximately 21,000 jobs through inclusion programs like microcredit and irrigation systems for family subsistence farming.

Sigma Lithium Corporation

Nasdaq:SGML

SGML Rankings

SGML Stock Data

1.40B
54.71M
7.09%
74.47%
9.93%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
São Paulo