29
Jul
15:30
Sigma Lithium signs $22.4m letter of credit with Banco do Brasil
Brazilian miner Sigma Lithium has signed a deferred $22.4 million letter of credit for export financing with financial services firm Banco do Brasil.
The financing was secured “at very low interest rates,” Sigma says, allowing it to phase out the existing trade lines in its treasury, lowering its recurring interest expenses.
It will also provide “flexibility” in marketing the company’s Quintuple Zero Green Lithium, &ldquo…
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