STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Fabio Teixeira
Reuters reported on Thursday that a Sao Paulo state judge issued an injunction in late June over a May transfer in which Sigma received, at no cost, the mineral rights to the plots from a subsidiary of a company called RI-X Mineracao e Consultoria. Gardner's lawyers argued the transfer would grant Sigma mineral rights to valuable lithium deposits and hurt RI-X's ability to develop its own mining project.
"The injunction has no impact on our operations," a company spokesperson said on Tuesday in an initial statement to Reuters. "The maintenance of the injunction ... affects the free development of Sigma Mineracao's business," they wrote in a Aug. 28 petition asking the judge to reverse his decision.
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