Sigma Lithium Shares Surge as Sales Deals Ease Cash Concerns

Sigma Lithium Corp. shares jumped as much as 41% after the Brazilian producer signed new sales agreements and outlined a sharp increase in cash inflows.

The company said it expects cash inflows of $35 million in the first quarter, rising to $96 million in the next, supported by two offtake agreements worth a combined $146 million, including prepayments tied to deliveries of high-grade lithium concentrate, according to an earnings report released Monday.