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The S&P Materials index closed this trading week in red, down 1.95%, one of the top losers for the five-day period. The Materials Select Sector SPDR ( XLB ) also dropped 1.36%. The commodities market felt some pressure at the start of the week, after China's econ...
SIGMA Lithium ( NASDAQ: SGML ) said on Friday it had appointed Brian Talbot as the company's Chief Operating Officer The company said it ended the quarter with C$123.3M in cash as of June 30, 2022, providing sufficient liquidity to advance the Grota do Ciri...
Sigma Lithium runs Grota do Cirilo Project in Brazil, a vertically integrated operation expecting to produce high purity 5.5-6% battery grade lithium concentrate. Using an ultraconservative price of $1790 per ton, revenue would trend north from $483 million in 2023 to $779 million in ...
SIGMA LITHIUM PROVIDES UPDATE FROM A TRANSFORMATIVE SECOND QUARTER, APPOINTS COO FOR OPERATIONAL READINESS AND PREPARING PHASE 1 PIT FOR MINING Canada NewsWire SECOND QUARTER ACHIEVEMENTS During a transformative second quarter, Sigma Lithium significantly inc...
Palm Beach, FL – August 19, 2022 – FinancialNewsMedia.com News Commentary – Argentina is becoming the center of the universe in the hunt for new and impactful deposits of Lithium. More than half of the world’s lithium is mined in the Lithium Tri...
The S&P 500 on Friday recorded its fourth straight weekly gain , up 3.26% with 11 sectors closing in the green for the week. Energy was the top gainer, rising +9.32%, and the Energy Select Sector SPDR ETF ( XLE ) was up +7.38%. Copper prices continued their steady advanc...
SIGMA LITHIUM FILES PHASE 3 TECHNICAL REPORT SUPPORTING THE PREVIOUSLY ANNOUNCED ~50% INCREASE IN TOTAL NI 43-101 MINERAL RESOURCE ESTIMATE TO 86 MILLION TONNES Canada NewsWire VANCOUVER, BC , Aug. 9, 2022 /CNW/ -- SIGMA Lithium Corporation (" Sigma...
The S&P 500 Materials index closed this trading week with a slight dip of 0.58%. The Materials Select Sector SPDR (NYSEARCA:XLB) also registered a similar drop. A look at the sector's YTD price performance against S&P 500: Copper price rose on Friday followin...
Manchin and Schumer recently reached a tax and climate deal that sent battery, lithium, EV, and hydrogen shares soaring. The actual implications of the bill are slightly less clear but it includes billions in new incentives for clean energy. In this article, we dig into the detail...
The materials sector edged higher this week, with S&P 500 Materials index and Materials Select Sector SPDR ( XLB ) both up 4% . Iron ore futures surged over 7% in China on Monday, according to Reuters , extending a previous rally sparked by hopes of an economic rebound...
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2024-07-15 11:42:31 ET USA News Group Commentary Issued on behalf of Lithium South Development Corporation VANCOUVER – USA News Group – Though prices are down from previous highs seen in 2022, the lithium industry as a whole is witnessing major shifts so far in 2024. Wit...
SIGMA LITHIUM APPOINTS DISTINGUISHED BUSINESS LEADER AS AN ADDITIONAL INDEPENDENT DIRECTOR AT ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS Canada NewsWire HIGHLIGHTS Sigma Lithium is honored to welcome Eugenio de Zagottis as its third independent director,...