Sigma Lithium Reports Strong Q2 2024 Financial Results, Anticipates Higher Sales in Q3
Sigma Lithium Corporation (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML), a leading global producer of sustainable lithium, announced robust financial results for the second quarter ended June 30, 2024. The company highlighted continued operational excellence, including strong sales volume, premium pricing of its environmentally sustainable '5.0 Green Lithium', and expansion into new markets such as Japan and South Korea.
Co-Chairperson and CEO Ana Cabral expressed satisfaction with the company’s performance, noting that Sigma maintained its aggressive cost discipline, enabling the company to meet its 2024 cash cost guidance ahead of schedule. She also emphasized the company’s investment in the Greentech plant, which is expected to enhance throughput and recovery, driving greater operational efficiency in the upcoming third quarter.
Sigma Lithium forecasts its Q3 sales to reach 60,000 tonnes, which is expected to further reduce unit costs, solidifying the company’s position as a leading supplier of high-purity lithium for the electric vehicle market.
The company's detailed Quarterly Filings and Management Discussion and Analysis (MD&A) are available on SEDAR+, EDGAR, and Sigma Lithium's corporate website.
