Yagua

SIGMA LITHIUM SHIPS 30,000 TONNES OF BATTERY GRADE LITHIUM AND BY-PRODUCTS; ACHIEVES NET ZERO CARBON, OPERATING PROFITABILITY AND PREMIUM PRICING

Retrieved on: 
Wednesday, July 26, 2023

VANCOUVER, BC, July 26, 2023 /PRNewswire/ -- SIGMA Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with environmentally sustainable and carbon neutral battery-grade lithium, announced that it has successfully achieved net zero carbon emissions with the successful execution of its first shipment of Triple Zero Green Lithium and Triple Zero Green By-Products.

Key Points: 
  • Sigma Lithium has begun generating revenue from Phase 1 and expects to produce approximately 130,000 tonnes of Triple Zero Green Lithium in calendar year 2023 as it ramps up to full-scale Phase 1 production.
  • The maiden shipment consists of 15,000 tonnes of Triple Zero Green Lithium and 15,000 tonnes of Triple Zero Green By-Products produced from its Grota do Cirilo project in Brazil.
  • As a result, Sigma Lithium is able to deliver the world's first Triple Zero shipment of battery-grade lithium concentrate with zero hazardous chemicals, zero tailings and net zero carbon.
  • 100% of the Triple Zero Green By-Products are expected to be upcycled into battery grade lithium concentrate for use in electric vehicle battery production.

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: 
Friday, May 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.

Ultra Lithium Inc. Provides Update on Yahua Investment

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Thursday, October 13, 2022

VANCOUVER, British Columbia, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) (Ultra Lithium or the Company) announces that the Company and Ya Hua International Investment and Development Co. Ltd. (Yahua) have mutually agreed to terminate Yahuas equity subscription in Ultra Lithium.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) (Ultra Lithium or the Company) announces that the Company and Ya Hua International Investment and Development Co. Ltd. (Yahua) have mutually agreed to terminate Yahuas equity subscription in Ultra Lithium.
  • In May 2022 Yahua signed a subscription agreement for 21,276,596 units of Ultra Lithium at a price of $0.235 per unit for gross proceeds of $5 million.
  • Ultra Lithium and Yahua shall also negotiate terms under which the Parties may terminate Yahuas investment in NCLC.
  • Ultra Lithium is continuing its exploration program as previously announced including:
    Ultra Lithium Inc. is an exploration and development company with a focus on the acquisition and development of lithium, gold, and copper assets.

Ultra Lithium Starts Drilling at the Georgia Lake Lithium Property

Retrieved on: 
Tuesday, July 5, 2022

VANCOUVER, British Columbia, July 05, 2022 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V: ULT, OTCQB: ULTXF, Frankfurt: QFB) (Ultra Lithium or the Company) announces that the Company as operator has signed a drilling contract with Niigaani Drilling Incorporated to carry out 2,095 metres of diamond drilling at the Georgia Lake Lithium Property.

Key Points: 
  • VANCOUVER, British Columbia, July 05, 2022 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V: ULT, OTCQB: ULTXF, Frankfurt: QFB) (Ultra Lithium or the Company) announces that the Company as operator has signed a drilling contract with Niigaani Drilling Incorporated to carry out 2,095 metres of diamond drilling at the Georgia Lake Lithium Property.
  • The Company owns a 40% interest in North Canada Lithium Corp. (NCLC) which holds the Georgia Lake and Forgan Lake lithium properties.
  • The exploration work will be carried out on the Jean Lake and the Georgia Lake claim blocks (see attached claim map Fig.
  • The Company holds a brine lithium property in Argentina, hard rock spodumene type lithium properties at the Georgia Lake / Forgan Lake area in northwestern Ontario, Canada, and a brine lithium property in the Big Smoky Valley, Nevada, USA.

Ultra Lithium Amends Private Placement to Add Flow-Through Component Due to Strong Investor Demand

Retrieved on: 
Thursday, June 2, 2022

VANCOUVER, British Columbia, June 02, 2022 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V: ULT) (Ultra Lithium or the Company) announces that due to strong investor demand it has amended its previously announced $7,003,000 non-brokered private placement (the Offering) (see news release dated April 20, 2022) to include flow-through units.

Key Points: 
  • VANCOUVER, British Columbia, June 02, 2022 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V: ULT) (Ultra Lithium or the Company) announces that due to strong investor demand it has amended its previously announced $7,003,000 non-brokered private placement (the Offering) (see news release dated April 20, 2022) to include flow-through units.
  • Yahua Lithium is one of the major suppliers of lithium salt products in the world and one of the largest lithium hydroxide suppliers for TESLA.
  • It is specialized in the R&D, manufacturing, and trading of lithium products, with the capacity of 43,000 tons of lithium hydroxide and lithium carbonate.
  • Ultra Lithium Inc. is an exploration and development company with a focus on the acquisition and development of lithium, gold, and copper assets.