Sigma Lithium Corp (SGML)

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Brazilian lithium producers plan expansions amid falling prices
Despite falling prices, three Brazilian lithium plants – owned by Sigma Lithium, Companhia Brasileira de Lítio (CBL) and AMG Lithium – are seeking to expand their operations in the coming years, in order to become more competitive in the global market, Fastmarkets heard during the “Lithium Business Brazil” event held July 8-10 in the state of Minas Gerais.
July 16, 2025

https://www.fastmarkets.com/insights/brazilian-lithium-producers-plan-expansions-amid-falling-prices/

“Today we have high fixed costs and low production capacity. We will increase capacity and will maintain our costs. Our biggest cost today is labor and, with this expansion, we will not increase our labor force. There will be very little investment in new people, because everything is automated. We need to grow now and then take advantage of the positive lithium price scenario that for sure will come someday,” he said.

Alvarenga explained that this is a brownfield project: “We will use the entire structure from the current plant. This is the least capital-intensive refinery project in the market, compared to other refinery projects worldwide currently.”