On 24 September, Sigma Lithium hosted its 2024 Investor Day, marking the first year of production and its record-setting ramp-up of its industrial Greentech Plant. The Company outlined its capital-efficient construction plans to reach approximately 125,000 t/y LCE of industrial capacity by 2026, cementing Sigma as a lasting industry leader. Projections are underpinned by higher production from two new industrial lines, a [...]
HIGHLIGHTS Sigma Lithium maintains the operational consistency of a seasoned producer, shipping its 12th vessel of Quintuple Zero Green Lithium to Mitsubishi. This is Sigma Lithium's second sale to Mitsubishi, a large industrial and trading conglomerate headquartered in Japan. Sigma Lithium remains on track to deliver its 3Q production target of 60,000 tonnes of Quintuple Zero Green Lithium. Sigma Lithium has appointed [...]
Highlights: Sigma Lithium has received a binding commitment from BNDES for a BRL487 million development loan to fully fund the construction of Sigma Lithium's Second Greentech Carbon Neutral Plant in Brazil. Sigma has initiated construction activities on site while conducting detailed engineering work following the Final Investment Decision made by its Board of Directors. Based on the current construction timetable, the [...]
Sigma Lithium achieved "all-around" operational efficiency in 2Q24, reaching metrics of larger seasoned producers: Further increased cadence of volumes sold of Quintuple Zero High Purity Lithium Concentrate Achieved sales volumes of 52,572t in 2Q24 The Company expects total production of 5.0 Green Lithium in 3Q 24 of 60,000t Continues to increase sales price premium relative to peer lithium producers: Maintained average [...]
Sigma Lithium demonstrates the consistent operational cadence of a seasoned producer completing its first year of production with the 11th shipment of 22,000t of Quintuple Zero Green Lithium loaded at the Port. By achieving this cadence of shipments, the Company concluded the fastest ramp-up in the lithium industry amongst current producers, and one of the fastest in the base metals industry. The Company reached on Aug. 9 [...]
Sigma Lithium announces it will release its financial results for the second quarter ended June 30, 2024 after market close on August 15, 2024. The release will be followed by an investor conference call on August 16, 2024, at 8:00am eastern time. Sigma Lithium's first quarter 2024 press release, investor presentation and quarterly filings will be available through the company's investor relations website [...]
Sigma Lithium signed on July 24, 2024 a deferred US$ 22.4 million letter of credit with Banco do Brasil. This Transaction strengthens Sigma's commercial power, enabling it to offer 90-day "export vendor financing" to its clients at very low interest rates. The Transaction amount was calculated based on the 22,000t July 5th production and shipment at the price of 8.75% of Lithium Hydroxide quoted at LME. The Transaction [...]
Sigma Lithium is honored to welcome Eugenio de Zagottis as its third independent director, elected at the AGSM with an overwhelming majority of 99%. Mr. Zagottis is a renowned businessman in Brazil who was instrumental in building Raia Drogasil healthcare from a small private company in 2008 into the largest Latin American drug retailer and one of the 15 largest in the world. The AGSM Elected the directors of the Company [...]
Sigma Lithium completed the sale of its 10th shipment of 22,000t of Quintuple Zero Green Lithium at a premium floating price of 8.75% of LME Lithium Hydroxide. The Quintuple Zero Green Lithium will be shipped in early July, capping our first 11 months of consistent shipments and demonstrating the operational discipline of a seasoned producer Sigma Lithium is pleased to announce it completed the sale of its 10th shipment [...]
Sigma Lithium was honored to join a delegation from Saudi Arabia, the President of Brazil, the Governor and Mayor of Rio de Janeiro and business leaders at Saudi Arabia's Future Investments Initiatives Priority Summit held in Rio de Janeiro, ahead of the 2024 G20 summit in Brazil. Under the theme "Invest in Dignity," Saudi Arabia's first flagship summit in Brazil explored investing in the energy transition, technology [...]
Sigma Lithium announces the distribution of the Company's management information circular providing the full details of the upcoming annual general and special meeting of shareholders. The AGSM is to be held virtually on Tuesday, July 9, 2024 at 11:00 a.m. EST. Further to its notice of meeting and record date dated April 29, 2024, the Company has amended the date of the AGSM from Friday, June 28, 2024, in order to provide [...]
Sigma Lithium has been honored with the participation in a trade mission to China invited by ApexBrasil, the export and investment trade agency of the Brazilian Government, from June 5-7th, during COSBAN, to mark the 50th anniversary of diplomatic relations between the countries The Company's Co-Chairperson and CEO, Ana Cabral, will be moderating and participating in dialogues with the thematic "New Industry and the Role [...]