Keep an eye on Sigma Lithium (SGML).
The lithium stock has been explosive, with a good deal of volume. All on the news China battery maker CATL, and Volkswagen are trying to acquire SGML.
“The Company plans to conclude the Strategic Process this year, but there can be no assurance that it will result in the completion of any specific transaction or outcome. Nor can a definitive timetable be set for its completion,” added Sigma Lithium in a recent press release.
This also follows news SGML plans to list Sigma Brazil on the NASDAQ and the Singapore Stock Exchange. Helping, Sigma Lithium also just announced it achieved a record peak production of 890 tonnes of chemical-grade lithium concentrate at its Greentech plant. And it just said its Phase 2 and 3 expansion plans are proceeding as planned.