Sigma Lithium Corp
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Sigma Lithium Corp
Deep in the lush landscapes of Brazil, Sigma Lithium Corp. has carved a path as one of the emerging players in the global push towards cleaner energy solutions. Founded in 2012, the company has strategically positioned itself at the forefront of lithium extraction, a material crucial to the production of electric vehicle batteries and energy storage systems. By tapping into the mineral-rich regions of Minas Gerais, Sigma Lithium has harnessed the power of high-purity lithium deposits, which enables the company to feed the insatiable demand from battery manufacturers around the world. Their precision in operations and commitment to sustainable practices reflect a company attentive to the environmental concerns of today, seamlessly integrating traditional mining methods with innovative, greener approaches.
Sigma Lithium operates by extracting lithium from its vast Grota do Cirilo property, the largest hard rock lithium operation in the Americas. Once extracted, the lithium undergoes a rigorous processing phase, effectively increasing its purity to meet the stringent standards required for battery-grade products. The company then sells this high-purity lithium concentrate to a network of global clients, predominantly in the electric vehicle and energy storage sectors. By aligning itself with the megatrends of sustainability and electrification, Sigma has turned a geological resource into a profitable business model, capitalizing on strategic partnerships and market positioning to drive forward both its financial growth and the global energy transition.
Deep in the lush landscapes of Brazil, Sigma Lithium Corp. has carved a path as one of the emerging players in the global push towards cleaner energy solutions. Founded in 2012, the company has strategically positioned itself at the forefront of lithium extraction, a material crucial to the production of electric vehicle batteries and energy storage systems. By tapping into the mineral-rich regions of Minas Gerais, Sigma Lithium has harnessed the power of high-purity lithium deposits, which enables the company to feed the insatiable demand from battery manufacturers around the world. Their precision in operations and commitment to sustainable practices reflect a company attentive to the environmental concerns of today, seamlessly integrating traditional mining methods with innovative, greener approaches.
Sigma Lithium operates by extracting lithium from its vast Grota do Cirilo property, the largest hard rock lithium operation in the Americas. Once extracted, the lithium undergoes a rigorous processing phase, effectively increasing its purity to meet the stringent standards required for battery-grade products. The company then sells this high-purity lithium concentrate to a network of global clients, predominantly in the electric vehicle and energy storage sectors. By aligning itself with the megatrends of sustainability and electrification, Sigma has turned a geological resource into a profitable business model, capitalizing on strategic partnerships and market positioning to drive forward both its financial growth and the global energy transition.
Revenue Growth: Net revenues increased by 69% quarter-over-quarter and 36% year-over-year, driven by an optimal commercial strategy and improved pricing.
Margin Expansion: Operating margin rose by 42% and net margin increased by 67% year-over-year, reflecting higher efficiency and cost control.
Cash Generation: Sigma generated $31 million in cash from final price settlements and expects additional cash from the sale of high-purity lithium middlings.
Deleveraging: Short-term trade finance debt was paid down by 43% year-to-date, with a remaining balance of $33.8 million.
Production & Cost Guidance: All-in sustaining cost (AISC) is on track for $560 per tonne in 2026. Plant 1 is expected to reach full capacity of 300,000 tonnes in 2026, with guidance for 73,000 tonnes in Q1 2026.
Mining Upgrade: Mining operations are being upgraded to match the plant's capacity, with resumption expected within 2–3 weeks.
Sustainability: Sigma achieved over 787 days without lost time injury and maintains some of the industry's lowest TRFIR rates.
No Green Premium: Despite sustainability leadership, Sigma is not receiving a price premium for 'green' lithium, but benefits from commercial leverage and customer support.