Impact: Positive
Sigma Lithium provided regulatory and construction updates on activities underway at its 100%-owned Grota do Cirilo Li project in Brazil. Phase 1 construction is now 25% complete and commissioning remains on track for Dec/22. Sigma is developing a world-class Li deposit and once in production, Grota do Cirilo is expected to become the fourth largest Li producer with the second lowest costs and third highest grades, and plenty of exploration potential.