Sigma Lithium Boosts Cash, Cuts Debt and Secures $146 Million in Lithium Offtakes

Sigma Lithium Corporation signed two offtake agreements totaling $146 million to supply high-grade premium lithium oxide concentrate, according to a press release statement issued Monday.

The company secured a $96 million prepayment agreement for 70,500 tonnes to be delivered in 2026, with monthly disbursements of $8 million. A second agreement provides for a $50 million prepayment to supply 40,000 tonnes annually for three years starting in 2026. The stock jumped 13.5% on the news, extending a six-month rally of 63%, though shares remain down 21% year-to-date.

Sigma Lithium generated $31 million in cash from operations during the fourth quarter of 2025, with cash inflows of $35 million in the first quarter of 2026. The company expects cash inflows of $96 million in the second quarter of 2026, including $83 million from the two offtake agreements. The company posted a loss of $0.30 per share over the last twelve months, though an InvestingPro tip notes that analysts predict profitability this year. For investors seeking deeper insights, InvestingPro offers 15 additional tips on SGML’s financial health and growth prospects.

The company reported net sales revenues of approximately $67 million in the fourth and first quarters, including sales of about 650,000 tonnes of high-purity lithium fines and approximately 5,000 tonnes of high-grade premium lithium oxide concentrate.

Sigma Lithium reduced its trade finance debt by 60% in 2025 compared to 2024, and total debt declined by 35%. Trade finance debt fell an additional 21% in the first quarter of 2026 to $19 million. Total debt at year-end 2025 stood at $141 million, including a $100 million loan.