Bullboard - Stock Discussion Forum Sigma Lithium Corp SGML

Primary Symbol: V.SGML

Metals & Mining Industrial Metals & Minerals

Sigma Lithium Corporation is a Canada-based global lithium producer dedicated to powering electric vehicle batteries with carbon neutral, socially and environmentally sustainable chemical-grade lithium concentrate. The Company's operations are vertically integrated. It operates at the forefront in the EV battery materials supply chain at its Grota do Cirilo Operation in Brazil. The Company... see more

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Sigma Lithium Corp > SIGMA LITHIUM ANNOUNCES FINAL INVESTMENT DECISION

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Post by Betteryear2 on Apr 02, 2024 2:20am

SIGMA LITHIUM ANNOUNCES FINAL INVESTMENT DECISION

SAO PAULO , April 1, 2024 /CNW/ -- 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).

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

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