#Brazil #São Paulo #Lithium #Sigma Lithium #Green Lithium

Sigma Lithium's Stellar Performance in 1Q25

Sigma Lithium Corporation has announced a remarkable performance for the first quarter of 2025, solidifying its position as a leading global player in lithium production. With a total production of 68,308 tons of lithium oxide, the company has far exceeded its initial target of 67,500 tons, reflecting a 26% increase over the same period last year. This impressive output demonstrates the company's resilience and operational efficiency, regardless of the challenging pricing landscape for lithium.

The financial highlights for Sigma Lithium are equally impressive. The company reported revenues of $47.7 million, which although flat compared to the previous quarter, marks a 28% increase in comparison to 1Q24. This upward trajectory is also reflected in their EBITDA, which rose to $10 million, representing a 224% increase from the previous year, despite the ongoing fluctuation in lithium prices.

In terms of operational costs, Sigma Lithium reported significantly lower cash costs for the quarter; the operating cash cost was logged at $349 per ton and $458 per ton on a CIF China basis, both of which are improvements over their fiscal targets for 2025. Furthermore, their all-in sustaining cost (AISC) came in at $622 per ton, which is 6% better than anticipated, positioning them favorably within the industry.

One of the standout aspects of Sigma Lithium's recent achievements is the overwhelming support from the communities surrounding their operations in Brazil. During public hearings regarding lithium production at Brazil’s Lithium Valley, more than 2,000 supporters voiced their positive sentiments, culminating in a phenomenal 91% rate of approval from residents of the cities of Itinga and Araçuaí. This local support is paralleled by the backing from both the Federal Government of Brazil and the Minas Gerais State Government, reinforcing Sigma’s commitment to socially and environmentally responsible practices.

The company employs over 1,700 direct and 20,000 indirect jobs in the region, showing its dedication to enhancing local economies through job creation. In addition to job creation, Sigma Lithium launched several social inclusion programs focused on microcredit and irrigation to support subsistence agriculture.

Corporate leadership, represented by CEO Ana Cabral, emphasized the company's commitment to disciplined operations that have allowed Sigma Lithium to excel financially and operationally. Reflecting on the achievements, Cabral stated, “Our teams have delivered superb execution in the 1Q25, demonstrating strong financial performance across all metrics.” She noted that the disciplined approach helps navigate the cycles of lithium pricing effectively, suggesting a proactive stance in a fluctuating market.

Sigma Lithium is also strategically positioned, as their subsidiary in Brazil ensures they remain insulated from global trade disruptions, maintaining robust export opportunities for their lithium products. The company continues to engage with international markets, striving to expand its clientele and global influence.

Looking ahead, Sigma Lithium plans to release its complete financial results for the first quarter on May 14, 2025 and will be hosting a conference call to discuss these findings on May 15, 2025. With existing operations to double production capacity at their Greentech Industrial Lithium Plant, the company is set on an ambitious trajectory for growth.

For those interested in the future of electric vehicles and sustainable battery production, Sigma Lithium stands out as a forward-thinking entity focused on responsible growth and community engagement. Their innovations in lithium production not only serve the electric vehicle market but also prioritize environmental and social sustainability, encapsulated in their Quintuple Zero Green Lithium initiative, which aims for zero environmental impact in their production processes.

In conclusion, Sigma Lithium is not just meeting its targets but is also positioned as a beacon of responsible production in the lithium industry, making it a company to watch as the electric vehicle revolution unfolds.