Sigma turns to development banks for lithium financing

Sigma turns to development banks for lithium financing

Capital Markets Corporate & Sovereign Strategy Equity Project & Infrastructure Finance Structured Finance Loans Economy & Policy Brazil Canada Latin America

Canadian mining company Sigma Lithium will likely rely on local development banks to fund the second stage of a lithium project in Brazil, Ana Cabral, a managing partner at controlling shareholder A10 Investimentos, told LatinFinance. Sigma plans to request funding from the Minas Gerais state development bank BDMG and the northeast regional development bank BNB, according to Cabral. "What gives the development bank comfort about the project is the fact that it has been vetted by a global commerc

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