SIGMA LITHIUM ANNOUNCES 2Q 24 RESULTS: REDUCED CASH COSTS BY 22%, INCREASED FOB MARGINS TO 54% ACHIEVING GUIDANCE AHEAD OF SCHEDULE
Pathward Financial(CASH) Prnewswire·2024-08-16 16:302Q OPERATIONAL HIGHLIGHTS (USD)Sigma Lithium achieved "all-around" operational efficiency in 2Q24, reaching metrics of larger seasoned producers:Further increased cadence of volumes sold of Quintuple Zero High Purity Lithium Concentrate ("5.0 Green Lithium")Achieved sales volumes of 52,572t in 2Q24The Company expects total production of 5.0 Green Lithium in 3Q 24 of 60,000tContinues to increase sales price premium relative to peer lithium producers:Maintained average of 10% price premiumization year to date ...