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Sigma Lithium resumes Brazil mining after court upholds environmental licenses

Market News
07 Oct 2026
Proactive Investors
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Bullish
Sigma Lithium resumes Brazil mining after court upholds environmental licenses

Sigma Lithium Corp has resumed its mining and industrial operations in Brazil after a federal appeals court upheld the validity of its environmental licenses, overturning a previous suspension. The court noted the economic importance of the operations to the Vale do Jequitinhonha region, which benefits from 19,000 jobs created by the company. Sigma plans to scale lithium oxide concentrate production to 330,000 tonnes annually by the end of 2027, supported by recent plant upgrades. The company also dismissed reports of halted mining and safety concerns, highlighting over 1,100 days without lost-time accidents.

Sigma Lithium's Brazil operations are the subject, with Pluang data showing 7 of 38 Basic Materials stocks rose and 28 fell today. Gold Fields Limited (GFI) traded at USD 35.35, down 2.27%, with a typical hold time of 49 days and 89% sell order activity. Wheaton Precious Metals Corp (WPM) was priced at USD 134.60, down 2.22%, with 94% buy order activity and a 65-day hold time. Data is as of Oct 07, 2026 19:12 WIB.

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