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Sigma Lithium Filing Legal Appeal Against Unwarranted Decision by a Local Judge; "Fake News" Campaign Coincides with Record Earnings
São Paulo, Brazil--(Newsfile Corp. - May 18, 2026) - Sigma Lithium Corporation (NASDAQ: SGML) (TSXV: SGML) (BVMF: S2GM34) ("Sigma Lithium" or the "Company"), the largest producer of lithium oxide concentrate in the Americas¹ and dedicated to industrializing socially and environmentally sustainable lithium materials to supply global producers of batteries for energy security, announces that the Company is filing a legal appeal against a decision issued on Sunday, May 17, by a local judge from a..
About this update from Sigma Lithium Corporation
[{"type":"text","content":"São Paulo, Brazil--(Newsfile Corp. - May 18, 2026) - Sigma Lithium Corporation (NASDAQ: SGML) (TSXV: SGML) (BVMF: S2GM34) ("Sigma Lithium" or the "Company"), the largest producer of lithium oxide concentrate in the Americas¹ and dedicated to industrializing socially and environmentally sustainable lithium materials to supply global producers of batteries for energy security, announces that the Company is filing a legal appeal against a decision issued on Sunday, May 17, by a local judge from a local court in Aracuai, Vale do Jequitinhonha.","length":565,"tagName":"p"},{"type":"text","content":"The local decision included the potential for a legal collateral of US$10 million for the local court. The Company emphasizes this amount would be due only in the event the charges result in a final negative ruling, after the full due legal process is completed in Brazil, including the rights to appeal in the appropriate state and federal courts, including the Supreme Tribunal of Justice (STJ) and Supreme Court of Brazil.","length":425,"tagName":"p"},{"type":"text","content":"The other elements in the ruling are also not expected to be enforced until the completion of due legal process. Legal jurisprudence for similar cases indicates a timeline of multiple years until this happens. As such, no payments are due or required.","length":251,"tagName":"p"},{"type":"text","content":"Sigma Lithium believes the decision is unwarranted and in dissonance with Brazil's strong rule of law: due process was not followed.","length":136,"tagName":"p"},{"type":"text","content":"A significant amount of legal evidence was filed by the Company with the court.","length":79,"tagName":"p"},{"type":"text","content":"The surprising ruling followed a visit by legal authorities to Sigma Lithium's operations, where the Company's conformity with all Brazilian environmental rules was verified, including:","length":193,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Absence of tailing dams and 100% dry stacking of tailings.","length":58,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"100% reuse of water by the Greentech Processing Plant, for which the verification included a visit to the Company's inbound sewage treatment plant that removes fecal residues from the water utilized.","length":203,...