J.P. Morgan initiates Sigma Lithium coverage with Overweight rating
J.P. Morgan initiated coverage of Sigma Lithium with an Overweight rating on a brownfield growth thesis. Report expects installed capacity of about 580,000 tonnes per year by end-2027, rising to about 830,000 tonnes by end-2028. Incremental expansion capex framed at about USD 100 million per line, implying roughly USD