Sigma Lithium Co-Chairperson and CEO to Present at 2026 BMO Global Metals & Mining Conference; Provides Production Guidance

The most recent news (Feb 23, 2026) provides production guidance of 240,000 tonnes for the next 12 months and 520,000 tonnes for the 24-month forward period. This follows a series of material updates in early February 2026, including the resumption of mining activities at Mine 1, the sale of 150,000 tonnes of lithium fines at $140/t, and the securing of a $96 million USD production-backed revolving credit facility. Crucially, the company received a technical statement from Brazil’s National Mining Agency (ANM) attesting to the safety of its waste piles, effectively neutralizing regulatory closure risks that had been rumored in the media.

The news is Routine - Positive because it confirms the successful execution of the "remobilization" plan announced in late 2025. While the production guidance is significant, it is largely in line with the "Phase 2" targets first discussed in April 2024. - Operational De-risking: The ANM safety clearance is the most material qualitative win, removing a "tail risk" of forced closure. - Liquidity Improvement: The $96M revolver and the sequential sales of low-grade fines (generating ~$21M in immediate revenue from the Jan/Feb sales) address the critical cash crunch seen in Q3 2025, where cash had dwindled to $6.1M. - Guidance Realization: The 520,000 tpy target for Phase 2 is now backed by "equipment ordering" and "civil construction resumption," moving it from a theoretical goal to an active project.

Sigma Lithium operates the Grota do Cirilo project in Minas Gerais, Brazil. It is a leading producer of "Quintuple Zero" green lithium (zero tailings dams, zero hazardous chemicals, zero potable water, carbon neutral). The flagship project is currently in Phase 1 production with a nameplate capacity of 270,000 tpy, expanding to 520,000 tpy via Phase 2.