SIGMA LITHIUM REPORTS 1Q25 RESULTS: STRONG MARGINS, COST OUTPERFORMANCE AND PRODUCTION ABOVE TARGET
- Sigma Lithium Corporation reported its first net income of $4.7 million for the quarter ended March 31, 2025, from São Paulo.
- This result followed strong production and cost control, with quarterly lithium concentrate production exceeding 68,300 tonnes and margins driven by disciplined management.
- The company reported cash operating costs delivered to China at $458 per tonne, beating its $500 per tonne target by 8%, while its all-in sustaining costs averaged $622 per tonne, coming in 6% lower than the $660 per tonne target.
- CEO Ana Cabral noted that the company achieved its initial net profit this quarter while successfully meeting its goals for production output and cost management, emphasizing operational effectiveness alongside the ongoing development of Plant 2.
- Maintaining 100% uncommitted production, Sigma Lithium plans to use potential offtake agreements to support Plant 2’s completion and financing, aiming to double production capacity by late 2025.
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Leaning Left2Leaning Right5Center15Last UpdatedBias Distribution68% Center
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- 68% of the sources are Center
68% Center
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R 23%
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