Sigma Lithium Locks In $146M Supply Deals Through 2026, Slashes Debt By 35%

The company generated roughly $67 million in revenue from about 655,000 tonnes of lithium products during the fourth quarter and first quarter of fiscal 2026.
Aerial view of lithium mining pits in Atacama Salt Flat.
Aerial view of lithium mining pits in Atacama Salt Flat. (Photo by Lucas Aguayo Araos/Anadolu via Getty Images)
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Shivani Kumaresan·Stocktwits
Published Mar 30, 2026   |   8:31 AM EDT
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Sigma Lithium Corp. (SGML) announced on Monday that it secured two major offtake agreements totaling $146 million, ensuring the supply of high-grade lithium oxide concentrate through 2026 and beyond. 

The company also said that it has slashed its total debt by 35% year-on-year (YoY), ending the year with total debt of $141 million, including a $100 million loan scheduled for repayment in 2026 using proceeds from the offtake agreements and cash flow generation.

Sigma Lithium’s sales for the fourth-quarter fiscal 2025 and the first-quarter fiscal 2026 reached approximately $67 million from around 655,000 tonnes of lithium products.

Sigma Lithium stock traded over 21% higher in Monday’s premarket. 

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