SIGMA LITHIUM DELIVERS ON ZERO TAILINGS STRATEGY, RECEIVES FIRST PAYMENT AND OBTAINS PREMIUM PRICING FOR SALE OF GREEN LITHIUM AT 9% OF LIOH INDEX
Retrieved on:
金曜日, 5月 26, 2023
The Company received the first payment on its first shipment under a three-year environmental offtake agreement to sell 100% of its Green Tailings (the "Green Tailings Environmental Offtake") together with one spot shipment of 15,000 tonnes of Green Lithium.
Key Points:
- The Company received the first payment on its first shipment under a three-year environmental offtake agreement to sell 100% of its Green Tailings (the "Green Tailings Environmental Offtake") together with one spot shipment of 15,000 tonnes of Green Lithium.
- Green Tailings are high-purity, zero chemicals, approximately 1.3% lithium oxide ("Li2O"), ultra-fine tailings generated by the Company's Greentech Lithium Processing Plant ("Greentech Plant") as a by-product.
- Sigma Lithium began trucking Green Lithium and Green Tailings in April 2023, stockpiling the materials in its two warehouses at Vitoria Port in preparation for its first shipment.
- Green Lithium and Green Tailings shipment volume continues to increase daily and is on track to achieve the expected ramp-up volumes for 2023.