Sigma Lithium's US shares rises on denying expansion plan hurdles

Sigma Lithium

29/09/2023 14:54

** U.S.-listed shares of Sigma Lithium  SGML.O  rise 2.3% to
$32.82 in early trade
    ** Co says its expansion plans in Brazil are proceeding as
planned
    ** On Thursday, Reuters had reported that a Brazilian court
injunction is halting the sale or mining of two plots of land
where the company is planning open pits
    ** Co adds it is continuing its strategic review of
proposals received from various parties
    ** Including session's gains so far, stock is up ~16% YTD

 (Reporting by Sourasis Bose in Bengaluru)
 ((Sourasis.bose@thomsonreuters.com))