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Sigma Lithium Sells 100,000t of Lithium Fines and Denounces ‘Fake News’ Over Brazil Operations

Story Highlights
  • Sigma Lithium sold 100,000 tonnes of high-purity lithium fines at market-indexed prices and confirmed mine remobilization remains on track to finish in January 2026, supporting thousands of jobs in Brazil.
  • The company forcefully rejected reports of an operational shutdown, calling them part of a defamatory fake-news campaign tied to a non-material labor ministry enquiry that sparked sharp share-price volatility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sigma Lithium Sells 100,000t of Lithium Fines and Denounces ‘Fake News’ Over Brazil Operations

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Sigma Lithium ( (TSE:SGML) ) has provided an update.

On January 23, 2026, Sigma Lithium announced it had sold an additional 100,000 tonnes of high-purity lithium fines stored at the Port of Vitoria at prices indexed to the Shanghai Metals Market, above its prior sale, and framed the proceeds as a “green reward” for shareholders derived from investments in environmentally advanced processing at its Greentech plant. The company also reiterated that remobilization of mining contractors is progressing on schedule and expected to conclude in January 2026, supporting an estimated 19,000 direct and indirect jobs in Brazil’s Jequitinhonha Valley and underscoring continued operational continuity.

Sigma Lithium used the update to forcefully rebut what it described as a coordinated “fake news” campaign, denying media claims that its operations had been halted by an “operational injunction” related to waste piles and stressing that a mid-December administrative enquiry by Brazil’s Ministry of Labor and Employment remains non-material and does not affect its ability to operate. Management said the misinformation campaign, amplified by sponsored-content outlets and a fake government website, contributed to a 30% share-price drop and unusually high trading volumes on January 16, 2026, and has notified regulators and Brazilian authorities, signaling an aggressive stance to protect its reputation, counter short-seller-driven volatility and reassure investors about the safety of its waste facilities and the stability of its Brazilian operations.

The most recent analyst rating on (TSE:SGML) stock is a Hold with a C$18.50 price target. To see the full list of analyst forecasts on Sigma Lithium stock, see the TSE:SGML Stock Forecast page.

Spark’s Take on TSE:SGML Stock

According to Spark, TipRanks’ AI Analyst, TSE:SGML is a Neutral.

The score is held down primarily by weak financial performance (persistent losses, high leverage, and stressed cash flow). Technicals are supportive due to a strong uptrend and positive MACD, but overbought signals increase near-term volatility risk. Valuation remains challenged by negative earnings, while the earnings call adds some optimism via improving revenue momentum and deleveraging progress.

To see Spark’s full report on TSE:SGML stock, click here.

More about Sigma Lithium

Sigma Lithium Corporation is a Canadian-headquartered, Brazil-focused lithium producer supplying high-purity lithium oxide concentrate for electric-vehicle battery makers. The company operates one of the world’s largest lithium production sites at its Grota do Cirilo complex in Brazil, with an annual nameplate capacity of 270,000 tonnes of lithium concentrate and plans underway to double output through construction of a second plant. Positioned as an ESG-focused supplier, Sigma Lithium emphasizes “Quintuple Zero” production standards, including dry-stacked tailings, full water reuse, renewable power and avoidance of hazardous chemicals, reinforcing Brazil’s role as a key source of critical battery minerals.

Average Trading Volume: 137,763

Technical Sentiment Signal: Buy

Current Market Cap: C$2.06B

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

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