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On 1 April, Brazilian lithium producer Sigma Lithium released the FY2023 earnings results, highlighting its market performance and production expansion plan.
Operator: Good morning, everyone. My name is Dennis, and I will be your operator today. Welcome to the Sigma Lithium Fourth Quarter and Full-Year 2023 Earnings Conference Call.
From Canada mulling international student residency caps and BYD's Brazil collaboration talks to Boeing facing scrutiny over a 737 MAX 9 panel blowout, foreign investors selling Chinese equities, here's a look at some of the developments from the world of business.
Chinese electric car giant BYD has engaged in talks with Brazilian lithium producer Sigma Lithium to obtain materials for Electric Vehicle (EV) manufacturing, the Financial Times reported. The report cited Alexandre Baldy, BYD’s chair in Brazil, who revealed discussions about potential collaboration, be it through a supply agreement, joint venture, or acquisition.
Lithium Supply: BYD met Sigma Chief Executive Ana Cabral Gardner in Sao Paulo last month, BYD's Brazilian chair, Alexandre Baldy, told the newspaper, but did not give details, citing a confidentiality agreement.