- The Company announces that it is shipping 22,000 tonnes of Quintuple Zero Green Lithium to International Resources Holding (IRH), the official trading company established by the Abu Dhabi Emirate.
- This represents Sigma's first transaction with IRH, broadening its commercial strategy of encompassing partners with strong balance sheets.
- Provisional price for this shipment is set at 8.25% of the price of battery grade lithium carbonate quoted at GFEX at shipment date.
- This shipment demonstrates a shared commitment of Sigma Lithium and IRH to create a low cost, resilient global supply chain built upon the foundation of delivering lithium materials that enable traceability and ethical sourcing of lithium chemicals.
- Sigma Lithium continues to deliver operational excellence with 60,237t of Quintuple Zero Green Lithium produced in 3Q, representing an increase of 22% from 2Q and surpassing our 60,000t guidance.
- Greentech Plant production reached daily records of >860t for extended periods during 3Q
- The increased production levels demonstrate the perfect suitability of dense medium separation technology for the lithium industrial processing and beneficiation at Sigma's Grota do Cirilo operations.
- Combined, the improved production and consistent shipment patterns drive Sigma's flexibility in establishing new commercial alliances, enabling the execution of the Company's strategy to diversify sales across different geographies and clients.
- The Company's commercial success is furthered by the superior metallurgical properties and associated value-in-use of its Quintuple Zero Green Lithium, which enables cost savings for refineries.
- The Company's commercial success is furthered by the superior metallurgical properties and associated value-in-use of its Quintuple Zero Green Lithium, which enables cost savings for refineries.
- Sigma Lithium's commercial strategy is to create alliances, encompassing multi-industry platforms, to build a global, geoeconomically neutral, supply chain of lithium materials that are ethically produced, low carbon, environmentally and socially sustainable: in line with the ethos of environmentally and socially conscious consumers of electric vehicles.
SÃO PAULO, Brazil, Oct. 23, 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 the shipment of 22,000t of Quintuple Zero Green Lithium to Abu Dhabi's IRH, maintaining its consistent operational cadence with near-monthly shipments. This represents Sigma's first transaction with IRH, broadening its commercial strategy with partners with strong balance sheets. This shipment demonstrates a shared commitment of Sigma Lithium and IRH to create a low cost, resilient global supply chain of lithium materials built upon a foundation of traceability and ethical sourcing of lithium chemicals.
