Sigma Lithium (NASDAQ:SGML) says strong cash generation will allow it to fully repay a key loan by year‑end while advancing Phase 2 to 520,000 t/year lithium concentrate, supporting roughly 950 direct and about 13,000 indirect jobs in Vale do Jequitinhonha, Brazil.
Previous Week Recap
- Liquidity: Cash To Repay Loan: Sigma Lithium (SGML) chair says company is generating enough cash to fully repay a key loan by year‑end, addressing liquidity and confirming expected loan retirement timing within the fiscal year.
- Phase 2 Target, Jobs: Sigma Lithium (SGML) plans Phase 2 to reach 520,000 t/year lithium concentrate. Company projects about 950 direct jobs and ~13,000 indirect jobs in Vale do Jequitinhonha, Brazil.
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