Sigma Lithium Corporation (TSE:SGML) has released an update.
Sigma Lithium Corporation has significantly expanded its mineral reserves by 40%, now totaling 77 million tonnes, which prolongs the life of its operations to an estimated 25 years. This increase is expected to bolster the company’s position as a low-cost producer of high-purity lithium, essential for electric vehicle batteries. The reserves, all obtainable through open-pit mining, enhance Sigma Lithium’s potential to maintain low operational costs while considering further expansion of its production facilities.
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