Sigma Lithium Corp V.SGML

Alternate Symbol(s): SGML

Metals & Mining Industrial Metals & Minerals

Sigma Lithium Corporation is a Canada-based global lithium producer engaged in powering electric vehicle batteries with environmentally sustainable and high-purity lithium. The Company is producing Triple Zero Green Lithium from its Grota do Cirilo Project in Brazil. The Company holds a 100% interest in four mineral properties: Grota do Cirilo, Sao Jose, Santa Clara, and Genipapo, located in the municipalities of Aracuai and Itinga, in the Vale do Jequitinhonha region in the State of Minas Gerais, Brazil (Lithium Properties). It has exploration potential including over 200 identified pegmatites on its 20,000-hectare land package, representing about 29 mineral rights. The Company has mineral properties in the exploration and evaluation stage. Its Project is located in the northeastern part of the state of Minas Gerais, in the municipalities of Aracuai and Itinga, approximately 25 kilometers (km) east of the town of Aracuai and 600 km northeast of Belo Horizonte, the state capital.

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Sigma Lithium Corp

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Post by Betteryear2on Oct 02, 2023 7:20pm

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Post# 35665965

SIGMA LITHIUM ACHIEVES RECORD PEAK PRODUCTION

HIGHLIGHTS

Achieves Operational Targets

Sigma Lithium announces that its Greentech Plant has reached record daily peak production of 890 tonnes of Triple Zero Green Lithium, equivalent to annualized production of 320,000 tonnes
The Company is on track to achieve annual 2023 production guidance of 130,000 tonnes
The Company has exceeded the design utilization rate of 85%, running at 88%
Greentech Plant's throughput has evolved to 100% design capacity

SAO PAULO, Oct. 2, 2023 /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, responsibly sourced chemical grade lithium concentrate, announces that its Greentech Plant has reached record daily peak production of 890 tonnes, equivalent to annualized production of 320,000 tonnes of Triple Zero Green Lithium at battery grade with 5.5% of lithium oxide.

SIGMA LITHIUM ACHIEVES RECORD PEAK PRODUCTION OF 890 TONNES PER DAY, EQUIVALENT TO ANNUALIZED 320,000 TONNES PER YEAR (prnewswire.com)