Sigma Lithium Corporation reported its first quarterly net income of $4.7 million, or $0.04 per share, for the first quarter ended March 31, 2025. This milestone reflects the company's progress in scaling production and maintaining disciplined cost control.
The company achieved revenues of $47.7 million, a 28% year-over-year increase, with production volumes of 68,308 tonnes, exceeding its target and representing a 26% increase from Q1 2024. Sales volumes totaled 61,584 tonnes, up 17% year-over-year.
Sigma Lithium demonstrated strong cost performance, with CIF China cash operating costs averaging $458 per tonne, a 17% year-over-year decrease and 9% below the 2025 target. All-in sustaining costs (AISC) decreased by 20% year-over-year to $622 per tonne, remaining below the full-year target. The company also reported an Adjusted EBITDA of $11.4 million, reflecting a 24% margin.
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