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
SGMLSigma Lithium(SGML) prnewswire.com·2024-05-16 20:00

FIRST QUARTER 2024 HIGHLIGHTS (USD)StrengthenedcommercialpositioninMay,achievingapremiumpriceofUSDUSD) Strengthened commercial position in May, achieving a premium price of USD1,290/t, at a fixed formula of 9% of lithium hydroxide quoted at LME, delivering: 11% price increase from April 25% price increase from 1Q24 realized sales price (USD 930/tor930/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/t Production volumes totaled 54,168/t Reduced reported cash cos ...