SGMA - Sigma Lithium reveals success: profitable quarter environmental leadership and low-cost production
(NewsDirect)
Sigma Lithium Corp's CEO, AnaCabral-Gardner, shared exciting news in a recent interview with ThomasWarner from Proactive.
The companyreported a 35% net profit margin in its first operational quarter,showcasing financial resilience in the lithium industry. Despite an80% decrease in lithium prices, Sigma Lithium achieved a remarkable37% earnings profit margin, emphasizing its low-cost operations andcommitment to profitability.
Cabral-Gardner highlighted their unique product, "triplezero" lithium, with an all-in cost of $530 per ton, generatingsubstantial free cash flow. The product's high purity andenvironmental sustainability, featuring zero carbon, zero tailings,and zero hazardous chemicals, position Sigma Lithium as a preferredsupplier for the European battery market.
With a production capacity of 270,000 tonnes and additionallow-grade byproducts, the company stands as a major player in thelithium concentrate sector.
Cabral-Gardner expressed pride inSigma Lithium's triple success – low-cost production,environmental leadership, and profitability, making it a resilientforce in the industry.
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