Sigma Lithium (NASDAQ:SGML) (NASDAQ: SGML) is a lithium company focused on the exploration, development and production of battery-grade lithium concentrate. The company’s flagship asset is the Grota do Cirilo project located in Minas Gerais, Brazil, which hosts high-grade spodumene spodumene ore. Sigma’s vertically integrated operation encompasses mining, processing and commercial distribution, supplying critical raw materials for electric vehicle batteries and energy storage systems worldwide.
Founded in 2016, Sigma Lithium has progressed from early-stage exploration to commercial production in a relatively short time frame. The company completed definitive feasibility studies and pilot-scale processing programs by 2021, and subsequently transitioned to full-scale operations. In January 2022, Sigma Lithium completed its initial public offering on the NASDAQ, raising capital to accelerate development and expand processing capacity. Since then, the company has steadily ramped up throughput at its Phase 1 processing plant, producing spodumene concentrate with >6% Li₂O.
While its mining and processing facilities are based in Brazil, Sigma Lithium maintains a corporate headquarters in Vancouver, Canada. The company’s commercial strategy targets key battery markets in Asia, Europe and North America, leveraging off-take agreements and strategic partnerships to secure long-term demand for its concentrate. Sigma continues to evaluate extensions to its orebody, as well as potential Phase 2 expansion to double annual production, aiming to strengthen its position in the global lithium supply chain.
Sigma Lithium’s leadership team combines expertise in mining, engineering and finance. Ricardo Pagani serves as Chief Executive Officer, bringing over two decades of experience in resource-based projects, while Mario Mor leads financial strategy as Chief Financial Officer. The board of directors includes industry veterans and energy transition specialists, guiding the company’s growth and sustainability initiatives. Sigma Lithium remains committed to responsible mining practices, community engagement and environmental stewardship throughout its operations.
