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Sigma Lithium Reports Strong 2024 Results and Plans for Expansion

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Sigma Lithium Reports Strong 2024 Results and Plans for Expansion

Sigma Lithium ( (TSE:SGML) ) has issued an announcement.

Sigma Lithium reported strong financial results for the fourth quarter and full year of 2024, highlighted by robust operating margins and record production levels. The company achieved significant cost reductions and strengthened its commercial strategy to align with market trends. With the construction of a second Greentech Industrial Plant underway, Sigma Lithium is poised to double its production capacity by 2025, positioning itself for sustainable long-term growth in the lithium industry.

More about Sigma Lithium

Sigma Lithium Corporation is a leading global lithium producer focused on providing carbon-neutral, socially and environmentally sustainable lithium concentrate. The company is dedicated to powering the next generation of electric vehicles and is known for its innovative Greentech technologies that enhance production efficiency.

YTD Price Performance: -6.50%

Average Trading Volume: 522,911

Technical Sentiment Signal: Buy

Current Market Cap: $1.29B

See more data about SGML stock on TipRanks’ Stock Analysis page.

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