Sigma Lithium Corporation Signs US$100 Million Collateralized Bank Guarantee with a Major Brazilian Bank
Sigma Lithium Corporation has announced the signing of a US$100 million collateralized bank guarantee with a major Brazilian bank. This guarantee, fully collateralized by clients through corporate guarantees, letters of credit, and export receivables, is a key milestone for the company's 2026 growth plans. It will support the construction and installation of Sigma Lithium's Greentech Industrial Plant 2, aiming to double its annual production capacity from 270,000 to 520,000 tonnes. This expansion is expected to further promote economic growth in the Jequitinhonha Valley, a region that has seen significant development since Sigma Lithium's initial investments. The company highlighted its role as a major lithium producer in the Americas and its commitment to sustainable practices, including the reuse of water and renewable electricity in its operations. The bank guarantee is subject to the finalization of definitive agreements.