NASDAQ:SGML

SIGMA LITHIUM INCREASES PROVEN & PROBABLE OPEN PIT MINERAL RESERVE BY 40% TO 77Mt EXTENDING OPERATIONS TO 25 YEARS

Retrieved on: 
Wednesday, May 8, 2024
Mining, CapeNature, Tropical climate, Water, Carbon, Reserve, Head, Lithium oxide, Lithium

SÃO PAULO, May 8, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, announces it is increasing its Proven and Probable Mineral Reserves at its 100% owned Grota do Cirilo operation at Vale do Jequitinhonha by 40%, equivalent to 22.2 million tonnes.

Key Points: 
  • Sigma Lithium is increasing its Proven and Probable Reserve balance by 40% to 77.0 million tonnes from 54.8 million tonnes.
  • The entirety of this mineral Reserve balance is feasible through low-cost, open pit, mining operations, consolidating the Company's position as a low-cost producer of Quintuple Zero High Purity Lithium materials.
  • Increased Proven and Probable Reserves lengthens the duration of Sigma's integrated industrial-mining operations to an estimated 25 years at two phases of processing capacity at 520,000 tonnes/year.
  • The Company is increasing its consolidated Proven and Probable Reserve balance to 77.0 million tonnes at 1.40% lithium oxide (Li2O) from 54.8 million tonnes at 1.44% prior.

SIGMA LITHIUM ANNOUNCES IT HAS FILED ITS FULL YEAR 2023 FINANCIALS

Retrieved on: 
Wednesday, May 1, 2024
Lithium, Bank statement, MD, KPMG, Carbon

SÃO PAULO, May 1, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML) (BVMF: S2GM34) (TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, announces that it filed its audited consolidated financial statements for the year ended December 31, 2023, and the related Management Discussion & Analysis (MD&A) on April 30, 2024.

Key Points: 
  • On April 30, Sigma Lithium filed its full year 2023 financial statements and MD&A.
  • The audited numbers confirm the initial results filed on the morning of April 1, 2024.
  • SÃO PAULO, May 1, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML) (BVMF: S2GM34) (TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, announces that it filed its audited consolidated financial statements for the year ended December 31, 2023, and the related Management Discussion & Analysis (MD&A) on April 30, 2024.
  • Sigma Lithium notes that no significant changes have been made from the initial results published on April 1, 2024.

SIGMA LITHIUM ANNOUNCES LOADING 22,000t SHIPMENT WITH 85% PREPAYMENT AT PREMIUM PRICES

Retrieved on: 
Monday, April 15, 2024
Lithium, News, Commercial, Economics, Greentech, Traction, VAT, Carbon, Sigma, Port, Keith Prentice

SÃO PAULO, April 15, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, announces it has commenced the on-time loading of its eighth shipment of quintuple zero green high-purity coarse lithium concentrate ("Quintuple Zero High-Purity Lithium") , totaling 22,000 tonnes, at the Port of Vitoria.

Key Points: 
  • Sigma Lithium announces that it has commenced loading its 8th shipment, totaling 22,000 tonnes of its Quintuple Zero Green, high purity and coarse lithium concentrate, at the Port of Vitoria.
  • Sigma Lithium will continue to adapt its commercial strategy to maximize price discovery and value creation for its April 2024 production, to be shipped in early May.
  • SÃO PAULO, April 15, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, announces it has commenced the on-time loading of its eighth shipment of quintuple zero green high-purity coarse lithium concentrate ("Quintuple Zero High-Purity Lithium") , totaling 22,000 tonnes, at the Port of Vitoria.
  • The achieved price is final and non-provisional and represents a meaningful increase over the previous premium prices achieved.

SIGMA LITHIUM INCREASES CONSERVATION PROGRAM AGAINST DEFORESTATION TO REACH RECORD AREA OF 7 KM2; RECEIVES LETTER FROM NASDAQ REGARDING DELAYED FORM 40-F; FILING EXPECTED BEFORE END OF APRIL

Retrieved on: 
Friday, April 12, 2024
Lithium, Tropical forest, Humidity, Risk, Carbon, Letter, Form, Bank statement, Annual report, Calendar, Brazilian, Forestry

SÃO PAULO, April 11, 2024 /PRNewswire/ -- SIGMA Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, TSXV: SGML, BVMF: S2GM34), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, responsibly sourced lithium concentrate, today announced an expansion in the Atlantic Forest Conservation program, aimed to create a "Conservation Belt Against Deforestation" ("Conservation Belt") around the Medio Vale do Jequitinhonha by acquiring areas potentially at risk to be deforested to become cattle pastures. The Company also announces that it has received a letter from the Nasdaq Stock Market LLC ("Nasdaq"), dated April 5, 2024 (the "Letter"), stating that the Company is not in compliance with certain Nasdaq Listing Rules due to the delayed filing of its annual report on Form 40-F for the year ended December 31, 2023 (the "Form 40-F").

Key Points: 
  • The Conservation Belt represents an "environmental protection of tropical forests" encircling the Medio Vale do Jequitinhonha that currently alleviates the high temperatures already experienced by the semi-arid region.
  • Aracuai and Itinga, the towns where the Company is located, are in the "caatinga" bioma (Brazilian semi-arid vegetation).
  • The Letter has no immediate effect on the listing or trading of the Company's common shares on the Nasdaq Capital Market.
  • The Letter has no immediate effect on the listing or trading of the Company's common shares on the Nasdaq Capital Market.

SIGMA LITHIUM ANNOUNCES FINAL INVESTMENT DECISION AND INITIATION OF CONSTRUCTION TO DOUBLE PRODUCTION CAPACITY TO 520,000t/y

Retrieved on: 
Monday, April 1, 2024
Lithium, Letter, Growth, FCF, Sigma, Project, EVS, FID, Public expenditure, Carbon, ICE, Factory, Engineering, Parity, BNDES, Technical report, USD, Hand, Iron

SÃO PAULO , April 1, 2024 /PRNewswire/ -- SIGMA Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, TSXV: SGML, BVMF: S2GM34), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, responsibly sourced lithium concentrate, today announced the Company's Board of Directors has made a Final Investment Decision ("FID") to double production of its unique Quintuple Zero Green Lithium from current 270,000t/y to 520,000t/y. The Board of Directors approved the initiation of construction of a second line of its Greentech Industrial Plant ("Phase 2 Industrial Greentech Plant") with Capex of $100mm (FEL3).

Key Points: 
  • Sigma Lithium announces that it concluded the Final Investment Decision to double production of its unique Quintuple Zero Green Lithium from current 270,000t/y to 520,000t/y.
  • Sigma Lithium was transformed from a construction site into the world's 6th largest global integrated producer of lithium concentrate.
  • Sigma Lithium became the world's 4th largest lithium industrial complex after approximately 60,000m 2023 campaign.
  • Sigma Lithium is also releasing its unaudited financial information for the fourth quarter and full year ended December 31, 2023.

SIGMA LITHIUM SECURES PREMIUM FINAL PRICE OF US$ 1,333/t FOR 22,000 t OF QUINTUPLE ZERO LITHIUM, WITH 85% PRE-PAYMENT FOR DELIVERY IN 2 WEEKS

Retrieved on: 
Wednesday, March 27, 2024
Lithium, Carbon, VAT, Glencore, EXW, Port

This price is final and non-provisional and represents a meaningful increase over the previous premium prices achieved.

Key Points: 
  • This price is final and non-provisional and represents a meaningful increase over the previous premium prices achieved.
  • This price is final and non-provisional and represents a meaningful increase over the previous premium prices achieved by the Company.
  • As a reference, the final price net of VAT is equivalent to 8.75% of the LME Lithium Hydroxide CIF/Fastmarkets CJK price.
  • Additionally, as a "free bonus" we deliver the only Quintuple Zero Green Lithium in the industry, without receiving a green premium.

SIGMA LITHIUM TO RELEASE FULL YEAR 2023 RESULTS APRIL 1, 2024; FILES UPDATED NI 43-101 TECHNICAL REPORT WITH MINERAL RESOURCE ESTIMATES

Retrieved on: 
Thursday, March 21, 2024
Lithium, Carbon, Technical report, Bank statement

The earnings release and report will be available before market open on April 1, 2024, and will be followed by an investor conference call the same day at 10:00 a.m.

Key Points: 
  • The earnings release and report will be available before market open on April 1, 2024, and will be followed by an investor conference call the same day at 10:00 a.m.
  • Dial in information for the call will be provided in the earnings press release.
  • Sigma Lithium's fourth quarter 2023 press release, investor presentation and quarterly filings will be available through the company's investor relations website, ir.sigmalithiumresources.com .
  • Additionally, the Company is announcing that it has filed an update to the Mineral Resource Estimate section of its technical report titled "Grota do Cirilo Lithium Project Araçuaí and Itinga Regions, Minas Gerais, Brazil, Amended and Restated Technical Report" confirming the mineral resource estimate revisions as published by the Company on January 31, 2024.

Surging Lithium Market Growth Expected Through 2030 Due to Increasing Adoption of Cleaner Energy Sources

Retrieved on: 
Monday, March 4, 2024
Lithium, EVS, Air pollution, Battery, Ganfeng Lithium, Ceramic, Growth, LAAC, NAL, Electric vehicle, PEA, OTCQB, Letter, EV, NPV, ATM, Pollution, Transport, BNDES, IRR, Interim, Economics, Environment, Pressure, Piedmont Lithium, Electricity, PLL, Lubricant, Borate, Life, Carbon, Safety, SLI, National Instrument 43-101, Tesla Model S, GHG, PALM, Collection, USD, Climate, Mineral, TSX, Government, Paris Agreement, Development finance institution, National instrument, Policy

Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.

Key Points: 
  • Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.
  • The growing adoption of hybrid and electric vehicles, high-drain portable electronics, and energy storage systems have boosted the growth of the overall market.
  • The Paris Agreement aims to reduce greenhouse gas (GHG) emissions by at least 40% under its 2030 climate and energy framework.
  • Governments in several countries worldwide are implementing strict emission standards to reduce and control carbon emissions, thus augmenting market growth.

SIGMA LITHIUM CEO TO PRESENT AT 2024 BMO MINING CONFERENCE; LOW PRODUCTION COSTS REFLECTED IN GUIDANCE OF CIF CHINA CASH OPERATING COSTS OF $510/t

Retrieved on: 
Monday, February 26, 2024
Lithium, BMO, Mining, Carbon, Conference, Q&A, Research

SÃO PAULO, Feb. 26, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, announced today that Company Co-Chairperson and CEO Ana Cabral-Gardner is scheduled to present at the BMO Global Metals, Mining & Critical Minerals Conference on Tuesday, February 27, 2024, at 11:15 am ET.

Key Points: 
  • SÃO PAULO, Feb. 26, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, announced today that Company Co-Chairperson and CEO Ana Cabral-Gardner is scheduled to present at the BMO Global Metals, Mining & Critical Minerals Conference on Tuesday, February 27, 2024, at 11:15 am ET.
  • Ahead of the Conference, the Company has released a new slide deck to its investor relations webpage ( here ).
  • Within the presentation, the Company is issuing run rate production cost targets given its on going productivity initiatives.
  • This includes an expected cash unit operating cost at the plant gate of $370/tonne, $420/tonne FOB Vitoria and a CIF China unit cost of $510/tonne.

SIGMA LITHIUM IS AWARDED BY BNDES A LETTER OF INTENTION FOR DEVELOPMENT BANK DEBT TO FUND CONSTRUCTION OF ITS ENVIRONMENTALLY FULLY LICENSED SECOND GREENTECH INDUSTRIAL LITHIUM PLANT

Retrieved on: 
Monday, February 12, 2024
Lithium, Letter, Sigma, Climate, Construction, BNDES, Government, LO, Carbon, Documentation, Observation, Development finance institution, Engineering, Non-governmental organization

SÃO PAULO, Feb. 12, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, is pleased to announce that it received a Letter of Intention for a project finance credit line ("Development Bank Credit Line") from the Development Bank of the Brazil (the "BNDES"). The Development Bank Credit Line will be used for the expansion of the Company's world class unique Quintuple Zero Green Lithium Grota do Cirilo project in Vale do Jequitinhonha in Brazil (the "Project").

Key Points: 
  • Sigma Lithium completed the certification process with BNDES, which included the filing of the final FEL3 Capex for Construction and Engineering of the Second Greentech Plant totaling R$ 492,4 million or approximately US$ 100 million
    The Letter of Intention by BNDES outlines its intention to extend the Company development bank debt financing ("Development Bank Debt") to fund the Second Greentech industrial lithium concentrate production plant ("Second Greentech Plant") at Vale do Jequitinhonha in Brazil.
  • The Second Greentech Plant will introduce additional innovations that will further increase the efficiency of its industrial process to beneficiate spodumene ore into Quintuple Zero Green Lithium.
  • Ana Cabral-Gardner, CEO and Co-Chairman said: "We are honored and delighted with the Letter of Intention received today from BNDES.
  • Having BNDES as a creditor represents the support of the government of Brazil to Sigma Lithium's industrial expansion plans at Vale do Jequitinhonha."