tiprankstipranks

Brazilian injunction halting sale or mining on Sigma Lithium plots, Reuters says

Brazilian injunction halting sale or mining on Sigma Lithium plots, Reuters says

A Brazilian court injunction is halting the sale or mining of two plots of land where Sigma Lithium is planning open pits, reported Reuters, citing court documents. Sigma told Reuters the injunction would not hurt its expansion, as it said it can develop the area via a “waste sharing agreement” it signed with RI-X in August. “The dispute over these two small plots is not an impediment to Sigma’s ability to conduct its strategic review of potential partners in the global energy, automobile, battery and lithium refining industries,” a spokesperson is quoted as having said.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on SGML:

Disclaimer & DisclosureReport an Issue