Sigma Lithium negotiates Minas Gerais settlement after SUPRAM issues US$ 540,000 environmental fines
SGML•Possible capex tied to restart measures
Proposed TAC measures could require about USD 1 million in capex to restart activities partially suspended by SUPRAM auditors.
Settlement talks follow environmental fines
Sigma Lithium opened talks with Minas Gerais state officials on a TAC settlement following SUPRAM Jequitinhonha fines totaling about USD 540,000.
Some cited environmental issues date to 2013-2022; the company disputes the allegations.
The potential settlement includes paying up to USD 540,000; the fines are not due for at least 120 days.
