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SGML — Sigma Lithium News Story

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Sigma Lithium falls after Brazil court suspends mining at Grota do Cirilo mine

BUZZ-Sigma Lithium falls after Brazil court suspends mining at Grota do Cirilo mine 

** U.S.-listed shares of Sigma Lithium SGML.N fall 9.9% to $11.16 premarket

** Brazilian court ordered suspension of environmental licenses and mining activities at miner's Grota do Cirilo mine

** Judge ruled on Friday that co's project was within the direct area of influence of the Bau Quilombola community

** SGML said it would begin its legal defense on Tuesday, and operations remain unaffected

** Grota do Cirilo is Sigma's only productive asset

** As of last close, SGML stock down 6% YTD


(Reporting by Darshan Kumar in Bengaluru)

((darshan.kumar@thomsonreuters.com))

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