Quarterly UpdatesJul 9, 2026, 04:18 PM
Sigma Lithium 2Q26 Lithium Concentrate Production 35,000t, Beats Guidance
AI Summary
Sigma Lithium Corporation announced that it produced 35,000 tonnes of lithium oxide concentrate in the second quarter of 2026, surpassing its guidance of 33,000 tonnes by 6%. This performance was attributed to a successful mining operations upgrade, which improved operating efficiency and production reliability. The company's Cleantech Industrial Plant achieved a 70% recovery rate of lithium from spodumene ore, delivering an approximate 20% yield. Sigma Lithium remains on track to deliver an annualized production of 240,000 tonnes for Phase 1 and outlined plans for Phase 2 and 3 expansions to significantly increase annual capacity.
Key Highlights
- Produced 35,000 tonnes of lithium oxide concentrate in 2Q26.
- Exceeded previous guidance of 33,000 tonnes by 6%.
- Achieved 70% recovery of lithium from spodumene ore with approximately 20% yield.
- On track to deliver annualized production of 240,000 tonnes for Phase 1.
- Plans for Phase 2 and 3 expansions to reach 520,000t and 770,000t annual production.
- Estimated All-In Sustaining Cost for Phase 1 is $710/tonne.
- Forecasted cash flow at $2,500/t lithium price is $330M for Phase 1.
Price Impact
More from SGML