Sigma Lithium (TSE:SGML) has released an update.
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Sigma Lithium Corporation has secured a BRL 487 million loan from the National Brazilian Bank for Economic and Social Development to construct its second carbon-neutral lithium plant, aiming to double its annual production capacity to 520,000 tonnes by summer 2025. This low-interest, 16-year loan underscores the company’s commitment to sustainable lithium production. Additionally, Sigma Lithium has scheduled an Investor Day at Nasdaq for September 2024 to discuss growth initiatives and operations.
For further insights into TSE:SGML stock, check out TipRanks’ Stock Analysis page.
