Sigma Lithium surges after attracting strategic proposals
Shares surged by 15% after the company announced that it is reviewing a number of strategic approaches, marking the latest sign of rampant dealmaking in the sector.
Oil giant Sinopec, Aluminium Corporation of China PetroChina and Sinopec Shanghai Petrochemical said they would apply to delist their American Depository Shares this month.
The precious metal has now rebounded more than 6% from a low in mid-July on a combination of fears of a global recession and heightened US-China tensions over Taiwan.