Sigma Lithium Shares Surge as Sales Deals Ease Cash Concerns

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Sigma 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.