Sigma Lithium shares drop after Brazil ruling on environmental licenses
Sigma Lithium said a preliminary judicial ruling in Brazil purported to suspend its environmental licenses. Shares fell 15% to $10.54 as of Tuesday afternoon, down 20% this year, while the company vowed to fight the ruling.
Shares of Sigma Lithium fell after the lithium producer said a preliminary judicial ruling in Brazil purported to suspend its environmental licenses, and the company said it would fight the ruling. 54 as of Tuesday afternoon. The shares have fallen 20% this year.