Sigma Lithium Marked Its First Production Year And Industrial Greentech Plant Ramp-Up, Detailing Plans To Expand To ~125,000t Per Year LCE By 2026, Showcasing Capital Investments For Increased Production Efficiency; Highlights $420M EBITDA Target For 2025; Projecting An Adjusted Cash EBITDA Of Up To $700M By 2027; Recognized By Nasdaq As Climate Pioneer For Reaching Net Zero Targets 25 Years Ahead Of Industry Standards
Portfolio Pulse from Benzinga Newsdesk
Sigma Lithium marked its first production year and announced plans to expand its industrial capacity to 125,000 t/y LCE by 2026. The company targets $420M EBITDA by 2025 and $700M by 2027, supported by capital investments and a partnership with BNDES. Sigma was recognized by Nasdaq for its climate leadership.
September 27, 2024 | 8:21 pm
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Sigma Lithium plans to expand its production capacity significantly by 2026, with a target EBITDA of $420M by 2025. The company is recognized for its climate leadership, which may enhance its market reputation.
Sigma Lithium's expansion plans and financial targets indicate strong growth potential, likely boosting investor confidence. Recognition by Nasdaq for climate leadership enhances its reputation, potentially attracting ESG-focused investors.
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