SIGMA LITHIUM ANNOUNCES SHIPMENT OF 22,500 TONNES OF TRIPLE ZERO GREEN LITHIUM TO GLENCORE IN JOINT EFFORT TO BUILD A SUSTAINABLE GLOBAL SUPPLY CHAIN
- Successful operational ramp-up
- Collaboration with Glencore for a sustainable lithium supply chain
- None.
BUILDING A SUSTAINABLE GLOBAL LITHIUM SUPPLY CHAIN
- Sigma Lithium completes trucking of 22,500 tonnes of battery-grade, carbon neutral, zero hazardous chemicals and zero tailings sustainable lithium ("Triple Zero Green Lithium") to Vitoria Port to be shipped to Glencore this week
- Announces collaboration with Glencore, demonstrating a shared commitment to creating a low carbon, environmentally and socially sustainable global lithium supply chain for electric vehicles through collective multi-industry platforms
- Will receive
50% prepayment in advance of shipment at provisional premium pricing:9% of the price of lithium hydroxide price at LME (averageChina ,Japan ,South Korea ) for Triple Zero Green Lithium
- Will receive
SUCCESSFUL OPERATIONAL RAMP-UP
- Greentech Plant ramp-up continues to progress; on target to produce 130,000 tonnes of Triple Zero Green Lithium in 2023
- Remains on track to reach stable design recovery of
65% on a steady-state basis, having already achieved maximum recovery of73% - Consistently producing high-quality Triple Zero Green Lithium with more than
5.5% lithium oxide and high purity (low iron oxide, low potassium oxide, low alkalines)
- Remains on track to reach stable design recovery of
The shipment is part of an agreement with Glencore that aims to build a low carbon, environmentally and socially sustainable global lithium supply chain for electric vehicles.
"We are delighted to partner with Sigma Lithium, as we continue to offer our customers responsibly produced, low carbon lithium," said Robin Francois, Lithium Trader at Glencore. "This partnership also underpins our ambition to become a partner of choice for the provision of such a critical mineral to the battery and EV industry, thereby supporting the energy transition."
"Sigma Lithium and Glencore are building an EV supply chain that is focused on providing lithium materials that are responsibly sourced in an environmentally and socially sustainable manner," said Ana Cabral, Sigma Lithium CEO & co-Chairperson. "Given the critical role of EVs in reducing the carbon footprint of the transportation sector, Glencore and Sigma Lithium's joint efforts are fully aligned with our clients' approach to responsible sourcing and supply chains built in line with the ethos of the consumer of the EV."
"At Sigma Lithium, we believe that businesses have a critical role to play in combating climate change, particularly in the mass transition to electric vehicles. Our Triple Zero Green Lithium set a high standard of sustainability to fully support the electric vehicle industry in reducing its environmental footprint. By successfully achieving net zero carbon production, we have proven that our industry can effectively embrace sustainable practices and pave the way towards a greener future," she added.
Sigma Lithium's Triple Zero Green Lithium: The foundation of a globally sustainable supply chain
Sigma Lithium effectively lowered its carbon footprint with a series of pioneering initiatives, paving the way forward for the metals & mining sector.
The Company's Triple Zero Green Lithium is produced at its state-of-the-art Greentech lithium plant at its Grota do Cirilo Project in
The Company's main achievements towards abating its carbon footprint include:
- Zero tailings:
100% dry stacked tailings, with all by-products eliminated through sales or upcycling to pave roads. - Zero hazardous chemicals: Utilizes Dense Medium Separation ("DMS") at the Greentech plant, which does not utilize hazardous chemicals.
- Water efficiency: Utilizes
100% sewage water for its plant, fully recirculated. - Water preservation: Preserved
100% of the Piaui Creek source of drinking water for the communities living around Sigma Lithium. - Clean renewable energy: Utilizes
100% clean renewable energy for its Greentech Plant via "behind the meter" supply agreements. - Biodiesel: Utilizes biodiesel fuel in some of its trucking fleet, with plans to increase to up to
50% by 2025. - Explosives / ANFO: Decreased explosives load with computerized load simulation strategies.
Further, due to the low carbon content of Sigma Lithium's products, as well as its environmentally sustainable production methods, the Company's carbon footprint was offset with carbon credits purchased from Carbonext (which are verified through Verra Verified Carbon Standard), making the shipment carbon neutral.
ABOUT SIGMA LITHIUM
Sigma Lithium (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML) is a leading global lithium producer dedicated to powering the next generation of electric vehicle batteries with carbon neutral, socially and environmentally sustainable chemical-grade lithium concentrate.
Sigma Lithium has been at the forefront of environmental and social sustainability in the EV battery materials supply chain for six years and it is currently producing Triple Zero Green Lithium from its Grota do Cirilo Project in
Please refer to the Company's National Instrument 43-101 technical report titled "Grota do Cirilo Lithium Project Araçuaí and Itinga Regions,
For more information about Sigma Lithium, visit https://www.sigmalithiumresources.com/
Sigma Lithium
LinkedIn: Sigma Lithium
Instagram: @sigmalithium
Twitter: @SigmaLithium
FORWARD-LOOKING STATEMENTS
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SOURCE Sigma Lithium