Exclusive-Sigma Lithium CEO says in talks with potential buyers
Sigma Lithium is working with Bank of America to coordinate talks with parties interested in acquiring it, the chief executive of the miner, which produces the metal used to make electric vehicle batteries, told Reuters on Friday. Sigma earlier this year started production at the Grota do Cirilo hard rock lithium project in Brazil to supply roughly a fourth of its output to LG Energy Solution with the rest slated for sale on the spot market. Bank of America has been Sigma's bank on retainer for some time and has been holding meetings for at least four months with parties that approach w...