SIGMA LITHIUM REPORTS 1Q 2024 RESULTS: MAY SHIPMENT PRICED AT $1,290, INCREASED 25% FROM 1Q; PRODUCTION COSTS AT $397/t, 2ND LOWEST IN INDUSTRY
Sigma Lithium(SGML) prnewswire.com·2024-05-16 20:00FIRST QUARTER 2024 HIGHLIGHTS ($ USD)Strengthened commercial position in May, achieving a premium price of USD $1,290/t, at a fixed formula of 9% of lithium hydroxide quoted at LME, delivering:11% price increase from April25% price increase from 1Q24 realized sales price (USD $930/t or $1,035/t on a 6% basis)Revenues from volumes of Quintuple Zero High Purity Lithium Concentrate sold in 1Q totaled $49.1 million. Sales volumes totaled 52,857/tProduction volumes totaled 54,168/tReduced reported cash cost by 1 ...