#Abu Dhabi #Brazil #Sigma Lithium #Green Lithium #Vitoria

Sigma Lithium Hits Full Capacity with Record Shipment

In a remarkable display of operational excellence, Sigma Lithium Corporation (TSXV/NASDAQ: SGML), a global leader in lithium production, has achieved full production capacity at its Greentech Industrial Plant. On December 3, 2024, the company announced the loading of a staggering 27,500 tonnes of its Quintuple Zero Green Lithium for delivery to IRH Global Trading LTD in Abu Dhabi. This landmark shipment not only underscores Sigma's ability to meet increasing market demand for sustainable lithium but also reflects the company's strategic innovations and efficiency improvements.

Operational Excellence and Production Peaks

Following a recently completed four-day annual maintenance period in November, Sigma Lithium demonstrated its capability to optimize production processes. The company reported consistent output of over 850 tonnes of lithium oxide daily, with maximum production days peaking at 900 tonnes. These figures reflect the successful implementation of multiple efficiency initiatives aimed at improving the Greentech Industrial Plant's output.

With these achievements, Sigma Lithium has reached an impressive annualized production rate of 270,000 tonnes. As confirmed by Ana Cabral, CEO of Sigma Lithium, the company’s stability and reliability as a seasoned producer is highlighted by its consistent shipment cadence. This operational stability is crucial, especially when navigating the seasonal fluctuations of lithium demand in the market.

Strategic Partnerships and Market Adaptability

The ongoing collaboration with IRH in Abu Dhabi is pivotal for Sigma Lithium. It grants the company the flexibility needed to maneuver through market dynamics, optimizing performance even amidst fluctuating pricing. The shipment from the Port of Victoria signifies not just an operational milestone, but also a strategic advantage enabling Sigma to capitalize on market opportunities.

The provisional pricing for this shipment is noted at 8.25% of the battery-grade lithium carbonate price on the Guangzhou Futures Exchange. This innovative pricing model reinforces Sigma Lithium’s aim to align itself favorably within the competitive landscape while also securing a robust market position.

Commitment to Environmental Sustainability

Sigma Lithium sets itself apart with its commitment to sustainability. At its Grota do Cirilo Operation in Brazil, the company prides itself on producing lithium using environmentally responsible methods. This includes the production of its Quintuple Zero Green Lithium, which is developed under a framework that ensures zero carbon emissions, no use of potable water, no toxic chemicals, and the absence of tailings dams.

These sustainability efforts have established Sigma Lithium as one of the leading producers worldwide, particularly in supplying materials for electric vehicle batteries, in alignment with global energy transition trends. The company has made a Final Investment Decision to double the capacity of its operations to 520,000 tonnes with plans for a Phase 2 expansion at its Greentech facility.

Looking Ahead

As Sigma Lithium moves forward, the company aims to replicate the success of Phase 1 operations while expanding its production capabilities in the next phase of development. The commitment to operational excellence, market adaptability, and environmental sustainability positions Sigma Lithium well for future growth. By leveraging its innovative technologies and robust partnerships, Sigma is set to remain at the forefront of the lithium production industry, catering to the growing needs of electric vehicle manufacturers worldwide.

For further details about Sigma Lithium and its groundbreaking projects, visit Sigma Lithium Resources.