Sigma Lithium Announces Additional Sale of 150,000t plus 350,000t Optional of High Purity Lithium Fines; Production-Backed Revolver of US$96 Million
Rhea-AI Summary
Sigma Lithium (NASDAQ: SGML) announced the sale of 150,000 tonnes of high-purity lithium fines at a net price of US$140/t delivered to the port of Vitoria, plus an option for an additional 350,000 tonnes at market prices. The company also secured a production-backed revolver of US$96 million tied to supply of 70,500 tonnes of high-grade lithium concentrate in 2026, with US$8 million prepayments due 30 days before delivery and interest at SOFR+1% for 30 days.
Positive
- 150,000 tonnes low-grade sale at US$140/t
- Option for an additional 350,000 tonnes at market prices
- US$96 million production-backed revolver secured
- Revolver tied to supply of 70,500 tonnes high-grade concentrate in 2026
- Prepayment structure: US$8 million installments pre-delivery
Negative
- Low-grade price US$140/t versus high-grade ~US$1,370/t, indicating steep discount
- Near-term liquidity relies on sustained production cadence to trigger revolver prepayments
- Prepayments carry financing cost of SOFR+1% for the 30-day pre-sale period
Key Figures
Market Reality Check
Peers on Argus
SGML fell 3.19% with light volume while key metals peers like SLI (-4.05%), LAC (-4.42%), UAMY (-9.1%), CRML (-6.38%) and NEXA (-8.46%) also declined, but momentum scanner only flagged one different-name peer moving up, suggesting a stock-specific move rather than a coordinated sector surge.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 04 | Regulator safety statement | Positive | +2.3% | Brazilian mining regulator affirmed safety of waste piles after inspections. |
| Feb 02 | Mining resumption update | Positive | +0.1% | Resumption and ramp-up of Mine 1 mining with detailed production scenarios. |
| Feb 02 | Mining restart details | Positive | +0.1% | Restart of Mine 1 and cash flow scenarios backed by fines and financing. |
| Jan 23 | Additional fines sale | Positive | +17.5% | Sale of extra 100,000t of high purity fines and operations update. |
| Jan 13 | Fines sale & governance | Positive | -0.7% | First 100,000t fines sale, working capital deal and new board appointment. |
Recent operational and fines-sale news has usually seen positive price reactions, with only one mild divergence.
Over the past month, SGML has reported multiple operational and commercial milestones. On Jan 13, it sold 100,000t of high‑purity fines and signed a working capital agreement tied to 70,500t, with a small -0.7% reaction. Additional fines sales on Jan 23 coincided with a 17.54% move. The resumption of Mine 1 activities and safety confirmation for waste piles in early Feb 2026 produced modest gains. Today’s announcement adds another large fines sale and activates a US$96M production‑backed revolver, extending this commercialization and ramp‑up story.
Market Pulse Summary
This announcement expands Sigma Lithium’s commercialization of its fines and supports liquidity. The company secured a sale of 150,000t of Low Grade Product at US$140/t, plus an option for 350,000t more, and activated a production-backed revolver of US$96M tied to 70,500t of 2026 High Grade deliveries. Historically, similar fines sales and ramp-up updates have often coincided with positive moves, so investors may watch future announcements on realized pricing, execution against volumes, and ongoing production cadence.
Key Terms
dense media separation technical
sofr financial
AI-generated analysis. Not financial advice.
HIGHLIGHTS
- The Company announces the sale of 150,000 tonnes of high purity lithium fines at US
$140 /t upon warehouse delivery at the port of Vitoria. The agreement includes an option to sell an additional 350,000 tonnes at market prices.
- Sigma Lithium is pleased to report that the resumption of production cadence initiates client payments to the Company under the working capital revolver (of US
$96 million) backed by 70,500 tonnes of high-grade lithium oxide concentrate to be supplied in 2026.
São Paulo, Brazil--(Newsfile Corp. - February 13, 2026) - Sigma Lithium Corporation (TSXV: SGML) (NASDAQ: SGML) (BVMF: S2GM34) ("Sigma Lithium" or "the Company"), a leading global lithium producer dedicated to powering the next generation of electric batteries with socially and environmentally sustainable lithium concentrate, announces the sale of 150,000 tonnes of high purity lithium fines with
The same agreement gives the buyer an option to purchase an additional 350,000 tonnes of the Low Grade Product at market prices upon warehouse delivery at the port of Vitoria. The volume optionality ensures the flexibility to respond to robust market conditions for the Low Grade Product and customer requirements across the Company's portfolio.
The commercial success of Sigma Lithium's Low Grade Product can potentially generate the equivalent proceeds of sales of 70,000 tonnes of Sigma Lithium's high-grade lithium oxide concentrate ("High Grade Lithium Concentrate").
The sale of the Low Grade Product is the "sustainability reward" for the shareholders of the Company: the successful commercialization is made possible by the quality of the Low Grade Product, which is industrialized using the innovative lithium dense media separation technology of Sigma Lithium's Greentech Plant that preserves the chemical integrity of the lithium crystal structure.
As a result of the superior quality of the Low Grade Product, Sigma Lithium's clients achieved up to
PRODUCTION-BACKED REVOLVER
The resumption of production cadence of the High Grade Lithium Concentrate triggers the commencement of pre-payments under the revolver facility of US
The unsecured binding agreement signed with a leading company in the battery materials supply chain, provides for the supply of 70,500 tonnes of High Grade Lithium Concentrate by Sigma Lithium during 2026. Under the terms, each prepayment's fixed installment of US
The pricing of each sale is determined to match the prevailing spot market price for High Grade Lithium Concentrate, as per the major indexes, preserving full exposure to price upside and demonstrating a disciplined sales approach as lithium market fundamentals continue to improve.
Sigma Lithium's VP of Commercial Catarina Noci said: "This production-backed revolving agreement reflects our client's confidence in Sigma Lithium's ability to deliver consistent High Grade Lithium Concentrate volumes at scale. It builds on a relationship that has developed steadily over time and underscores our role in the lithium supply chain. It follows more than a year of commercial collaboration through our trading partners, during which we have supplied High Grade Lithium Concentrate to support the client's businesses. It speaks to the reliability and quality of our product, as well as to the strength of the partnership we have established.
Sigma Lithium's VP of Business Development Marina Bernardini said: "Our sequential sales of the Low Grade Product show how this material can generate recurring value, demonstrating its marketability. Continuous demand for the Low Grade Product has supported the creation of an additional revenue stream for the Company. This opportunity stems from both our large existing inventory of Low Grade Product available for reprocessing and the ongoing annual generation of approximately 300,000 tonnes of this material through our Greentech Plant's dry stacking technology. Our sustainability-centered relationships are mutually beneficial, as our clients generate additional value by concentrating our Low Grade Product into higher grade lithium material".
ABOUT SIGMA LITHIUM
Sigma Lithium Corporation (NASDAQ: SGML) (TSXV: SGML) (BVMF: S2GM34) ("Sigma Lithium" or "the Company"), is a leading global lithium producer dedicated to powering the next generation of electric batteries with socially and environmentally sustainable lithium oxide concentrate.
The Company operates one of the world's largest lithium production sites-the fifth-largest industrial-mineral complex for lithium oxide concentrate-at its Grota do Cirilo operation in Brazil. Sigma Lithium is at the forefront of environmental and social sustainability in the electric battery materials supply chain. The Company's Greentech Industrial Plant combines dry stacking, the reuse of
Sigma Lithium currently has a nameplate capacity to produce 270,000 tonnes of lithium oxide concentrate on an annualized basis (approximately 38,000-40,000 tonnes of LCE) at its mine and state-of-the-art Greentech Industrial Plant. The Company has initiated the construction of a second plant to double its production capacity. For more information about Sigma Lithium, visit our website.
FOR ADDITIONAL INFORMATION PLEASE CONTACT
Anna Hartley, Vice President of Global Banking and Investor Relations
anna.hartley@sigmalithium.com.br
+44 7866 458 093
Sigma Lithium
LinkedIn: Sigma Lithium
Instagram: @sigmalithium
X: @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 Grota 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 www.sedarplus.ca.
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283724
FAQ
What did Sigma Lithium (SGML) announce on February 13, 2026 regarding product sales?
What are the key terms of the US$96 million production-backed revolver for SGML?
How does the 150,000t low-grade sale affect SGML shareholders and revenue streams?
What pricing exposure does SGML retain on high-grade lithium concentrate sales under the revolver?
What immediate cash flow impacts result from the revolver and the recorded prepayment?
