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Mining & Metals

Sigma Lithium Begins Trading on The Australian Securities Exchange

Sigma Lithium (SGML.V, SGML) received approval from the Australian Securities Exchange for its listing on the ASX, under the ticker symbol SAU.The company was admitted to ASX's official list, as an ASX Foreign Exempt Listing. The official quotation of its CHESS Depositary Interests (CDIs) began on Sept. 3, said the company on Friday."With an existing capital markets presence in the United States, Canada and Brazil, Sigma Lithium's expansion into Australia further strengthens the Company's global profile and broadens access to investors in a key global capital market that is the epicenter of producers industrializing lithium in a manner that is fully integrated with mining," said Co-Chair and Chief Executive Officer Ana Cabral.The company's shares were last seen down CA$0.58, or 3.3%, at CA$16.92 on the TSX Venture Exchange.Price: $16.94, Change: $-0.56, Percent Change: -3.20%

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Wire

Sigma Lithium Starts Trading on Australian Securities Exchange

Sigma Lithium (SGML) said Friday the Australian Securities Exchange has approved its listing on the ASX.The company said the ASX will provide it with greater access to an investor base with a strong understanding of the mining business and expertise in lithium producers.Sigma Lithium said the official quotation of its CHESS Depositary Interests, or CDIs, started on Sept. 3 on the ASX.Price: $12.51, Change: $-0.26, Percent Change: -2.05%

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Wire

Sigma Lithium's Q2 Net Loss Narrows, Revenue Rises

Sigma Lithium (SGML) reported a Q2 net loss Friday of $0.02 per share, compared with a loss of $0.17 a year earlier.Two analysts polled by FactSet expected EPS of $0.23.Revenue for the quarter ended June 30 was $54.7 million, up from $16.9 million a year ago.Three analysts expected $68.3 million.The company's shares were down over 3% in premarket activity Friday.Price: $10.91, Change: $-0.42, Percent Change: -3.71%

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Wire

Update: Sigma Lithium Shares Rise After Q2 Lithium Production Guidance Exceeded

(Updates with recent stock movement in headline and first paragraph.)Sigma Lithium (SGML) shares rose 1.1% in afternoon trading on Friday after the company said late Thursday it exceeded its Q2 production guidance by 6%, delivering 35,000 metric tons of high-grade lithium concentrate, compared with the prior guidance of 33,000 metric tons.Sigma's Cleantech Industrial Plant exceeded expectations, achieving 70% lithium recovery from spodumene ore and delivering around 20% yield, the company said.Price: $11.93, Change: $+0.11, Percent Change: +0.93%

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