NasdaqCM:SGMLMetals and Mining
Sigma Lithium Ties Customer Funding To Expansion While Avoiding Dilution
Sigma Lithium (NasdaqCM: SGML) has secured offtake prepayments totaling $146 million from customers.
The company has obtained a $100 million collateralized bank guarantee, fully backed by its customers.
These arrangements support working capital and the construction of a second plant expected to double production capacity.
The funding structure allows Sigma Lithium to move ahead without raising additional equity.
Sigma Lithium, a producer focused on sustainable lithium supply, is tightening...