There’s a chart that does the rounds on HC from time to time (which I can’t find right now), but from memory, Sigma has the lowest capex intensity per tonne of any lithium developer/producer. Friday was an example of what will happen to Li companies that disappoint on cost (LTR).
As you say, their product is coarse, high grade and Brazil doesn’t suffer from the exorbitant costs and red tape (on the whole compared to western countries like Aus and Canada etc.
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