SigmaRoc Backs Electric Calcination Start-Up Litherm to Cut CO2 in Lime and Cement

SigmaRoc ( (GB:SRC) ) just unveiled an update.

SigmaRoc’s innovation arm, SkreenHouse Ventures, has invested about €1 million in Litherm Technologies’ €6.5 million seed round to support the development of fully electric calcination technology. Litherm’s process aims to produce lime and cement without CO2 emissions by combining electric calcination with integrated carbon capture.

The funding builds on existing cooperation between Litherm and SigmaRoc’s German subsidiary Fels-Werke, which is hosting a pilot plant to test the technology under real-world conditions. The move underlines SigmaRoc’s wider strategy to drive decarbonisation and innovation across its core markets, potentially strengthening its sustainability credentials and long-term competitiveness in construction materials.

The most recent analyst rating on (GB:SRC) stock is a Buy with a £161.00 price target. To see the full list of analyst forecasts on SigmaRoc stock, see the GB:SRC Stock Forecast page.

Spark’s Take on GB:SRC Stock

According to Spark, TipRanks’ AI Analyst, GB:SRC is a Outperform.

SigmaRoc’s strong financial performance and positive technical indicators are the primary drivers of its stock score. The company’s robust revenue growth and operational efficiency are complemented by a stable balance sheet. However, the high P/E ratio and recent project setbacks slightly temper the overall outlook.

To see Spark’s full report on GB:SRC stock, click here.

More about SigmaRoc

SigmaRoc is a quoted European lime and minerals group whose principal activity is the production of lime and mineral products for construction and environmental applications. It targets value creation by consolidating fragmented markets, improving operational efficiency and backing lower-carbon uses of lime and limestone, such as in battery production, cement substitution and pollution control.

Average Trading Volume: 4,037,120

Technical Sentiment Signal: Buy

Current Market Cap: £1.6B

Learn more about SRC stock on TipRanks’ Stock Analysis page.