Sigma Lithium Sells 100,000 Tonnes of Lithium Fines at $140/T
Sigma Lithium sold an additional 100,000 tonnes of high-purity lithium fines at an adjusted net price of $140 per tonne for 1% lithium oxide content, generating approximately $14 million in revenue. The company confirmed contractor and equipment remobilization at its Grota do Cirilo site remains on schedule to finish in January 2026 and maintains 19,000 direct and indirect jobs despite an administrative inquiry.
1. Lithium Fines Sale
Sigma Lithium completed a sale of 100,000 tonnes of high-purity lithium fines at an adjusted net final price of $140 per tonne for 1% lithium oxide, representing roughly $14 million in gross proceeds. This transaction reinforces the company’s ability to monetize its refined product inventory at market-competitive pricing.
2. Grota do Cirilo Remobilization
Remobilization of contractors and equipment at the Grota do Cirilo mine is proceeding as planned, with operations set to resume and conclude by January 2026. This timeline supports the restart of full-scale production and ensures continuous supply to key offtake partners.
3. Response to Administrative Inquiry
Sigma Lithium denied that Brazil’s Ministry of Labor and Employment inquiry constitutes an operational injunction, characterizing recent media reports as inaccurate. The company asserted the administrative inquiry does not affect its ability to operate or meet production targets.
4. Employment and Regional Impact
The company’s operations in the Jequitinhonha Valley support an estimated 19,000 direct and indirect jobs, which Sigma Lithium says will be preserved through the remobilization process. Continued employment underpins local economies and the company’s social license to operate.