SIGMA LITHIUM ACHIEVES 1Q25 PRODUCTION TARGET WITH 68,300t OF QUINTUPLE ZERO GREEN LITHIUM, MAINTAINING CASH GENERATION, COSTS IN LINE WITH GUIDANCE
Rhea-AI Summary
Sigma Lithium (SGML) has successfully achieved its Q1 2025 production target, producing 68,300 tonnes of Quintuple Zero Green Lithium. The company maintains strong operational performance with costs aligned with guidance.
The company will load 29,000 tonnes of Quintuple Zero Green Lithium to International Resource Holdings (IRH), owned by the Royal Group of Abu Dhabi, during the week of April 7, 2025. This follows a previous shipment of 47,000 tonnes to IRH on March 4, 2025, bringing total shipments to 76,000 tonnes.
The company reports maintaining healthy margins and consistent cash flows, with all-in sustaining costs (ASIC) remaining in line with guidance. Management emphasizes operational efficiency and a low-cost position as key factors in navigating the current lithium price environment.
Positive
- Met Q1 2025 production target of 68,300 tonnes
- Secured sales of 76,000 tonnes to International Resource Holdings
- Maintaining healthy margins and consistent cash flows
- All-in sustaining costs (ASIC) in line with guidance
- Strong and stable demand for their Quintuple Zero Green Lithium product
Negative
- Operating in challenging lithium price environment
News Market Reaction
On the day this news was published, SGML gained 2.56%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
SÃO PAULO, April 4, 2025 /PRNewswire/ -- 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 carbon-neutral, socially and environmentally sustainable lithium concentrate ("Quintuple Zero Green Lithium"), is pleased to announce the successful completion of the 1Q25, delivering production volumes of 68,000t of Quintuple Zero Green Lithium for the quarter, achieving provided production targets. The Company expects to continue to deliver on the production targets for the year.
During the week of April 7, 2025, Sigma Lithium will load 29,000t of Quintuple Zero Green Lithium, fully sold to International Resource Holdings ("IRH"), a metals and critical minerals trading company, indirectly wholly owned by the Royal Group of
With this strong production and sales performance, Sigma Lithium expects to continue generating consistent cash flows and maintaining healthy margins, as all-in sustaining costs (ASIC) are also in line with the guidance provided. The Company's operational efficiency and low-cost position gives it the resilience needed to successfully navigate the current lithium price environment.
Ana Cabral, CEO and Co-Chairman of Sigma Lithium, said, "In the first quarter of 2025, we demonstrated our ability to maintain our operational cadence achieving both the targeted production levels of 68,000t and meeting our sales targets. Once again, we have proven our ability to deliver on our projection, remaining focused on the operational elements we can control.
Ana continued, "Our cost structure delivers cash flows with every ton of product sold, strengthening the stability of our liquidity position with every sale. Demand for our Quintuple Zero Green Lithium is strong and stable, and we remain confident in the fundamentals of global lithium demand, which have not changed, with conditions poised to improve going forward."
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
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
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.
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SOURCE Sigma Lithium Corporation