16
Nov
14:31
Sigma Lithium posts $36.4m net profit in first operational quarter
Vancouver-headquartered lithium producer Sigma Lithium reported a first quarterly net profit of $36.4 million in the third quarter, Kallanish notes.
The inaugural revenue-generating quarter ended with $96.9m in total revenues and $28.2m in cash and cash equivalent. The latter is down from the $33m held in the previous quarter.
Sigma sold 38,000 tonnes of lithium concentrate in the quarter, as well as 16,500 t of lithiated by-products. Two shipments of lithium c…
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