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SIGMA LITHIUM ANNOUNCES SHIPMENT THIS WEEK OF 22,650T OF QUINTUPLE ZERO GREEN LITHIUM TO ABU DHABI'S IRH

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Sigma Lithium (SGML) announces the loading of 22,650 tonnes of Quintuple Zero Green Lithium for shipment from Port of Vitoria to IRH Global Trading in Abu Dhabi. The company has achieved its target of producing at an annual rate of 270,000 tonnes. The provisional price for this shipment is set at 8.25% of the battery-grade lithium carbonate price quoted on the Guangzhou Futures Exchange.

The company reports reaching 70% recovery efficiency at its Greentech Industrial Plant, with 100% dry stacking of tailings and water reuse. Recent processing flowsheet enhancements have significantly increased production, enabling two large monthly shipments. The company is constructing a second Greentech Industrial Plant to double production capacity and revenues.

Sigma Lithium (SGML) annuncia il caricamento di 22.650 tonnellate di Litio Verde Quintuple Zero per la spedizione dal Porto di Vitoria a IRH Global Trading ad Abu Dhabi. L'azienda ha raggiunto il suo obiettivo di produrre a un tasso annuo di 270.000 tonnellate. Il prezzo provvisorio per questa spedizione è fissato al 8,25% del prezzo del carbonato di litio di grado batteria quotato alla Borsa dei Futuros di Guangzhou.

L'azienda riporta di aver raggiunto un efficienza di recupero del 70% presso il suo Impianto Industriale Greentech, con uno stacking a secco al 100% dei residui e riuso dell'acqua. Recenti miglioramenti nel flusso di processo hanno significativamente aumentato la produzione, permettendo due grandi spedizioni mensili. L'azienda sta costruendo un secondo Impianto Industriale Greentech per raddoppiare la capacità produttiva e le entrate.

Sigma Lithium (SGML) anuncia la carga de 22,650 toneladas de Litio Verde Quintuple Cero para envío desde el Puerto de Vitoria a IRH Global Trading en Abu Dhabi. La compañía ha logrado su objetivo de producir a una tasa anual de 270,000 toneladas. El precio provisional para este envío se establece en 8.25% del precio del carbonato de litio grado batería cotizado en la Bolsa de Futuros de Guangzhou.

La empresa informa haber alcanzado una eficiencia de recuperación del 70% en su Planta Industrial Greentech, con un apilamiento seco al 100% de los residuos y reutilización del agua. Las recientes mejoras en el diagrama de flujo del procesamiento han aumentado significativamente la producción, permitiendo dos grandes envíos mensuales. La empresa está construyendo una segunda Planta Industrial Greentech para duplicar la capacidad de producción y los ingresos.

시그마 리튬 (SGML)22,650 톤의 퀸타플 제로 그린 리튬을 아부다비의 IRH 글로벌 트레이딩으로 발송하기 위해 비토리아 항구에서 적재했다고 발표했습니다. 이 회사는 연간 270,000 톤 생산 목표를 달성했습니다. 이번 출하의 임시 가격은 광저우 선물 거래소에서 인용되는 배터리급 리튬 탄산염 가격의 8.25%로 설정됩니다.

회사는 Greentech 산업 플랜트에서 70%의 회수 효율성을 달성했으며,尾석과 물의 재사용을 100% 건조 적재하고 있습니다. 최근 가공 흐름도 개선이 생산을 크게 증가시켜 월 두 건의 대량 출하가 가능해졌습니다. 회사는 생산 능력과 수익을 두 배로 늘리기 위해 두 번째 Greentech 산업 플랜트를 건설 중입니다.

Sigma Lithium (SGML) annonce le chargement de 22 650 tonnes de Lithium Vert Quintuple Zéro pour expédition du Port de Vitoria à IRH Global Trading à Abu Dhabi. L'entreprise a atteint son objectif de produire à un taux annuel de 270 000 tonnes. Le prix provisoire pour cette expédition est fixé à 8,25% du prix du carbonate de lithium de qualité batterie coté à la Bourse des futures de Guangzhou.

L'entreprise rapporte avoir atteint une efficacité de récupération de 70% dans son usine industrielle Greentech, avec un empilement à sec à 100% des résidus et réutilisation de l'eau. Les récentes améliorations du schéma de traitement ont considérablement augmenté la production, permettant deux grandes expéditions mensuelles. L'entreprise construit une seconde usine industrielle Greentech pour doubler la capacité de production et les revenus.

Sigma Lithium (SGML) kündigt die Beladung von 22.650 Tonnen Quintuple Zero Grünlithium zur Verschiffung vom Hafen von Vitoria an IRH Global Trading in Abu Dhabi an. Das Unternehmen hat sein Ziel erreicht, mit einer Jahresrate von 270.000 Tonnen zu produzieren. Der vorläufige Preis für diese Lieferung wird auf 8,25% des an der Guangzhou-Futures-Börse angegebenen Preises für Lithiumcarbonat in Batterieware festgelegt.

Das Unternehmen berichtet von einer Rückgewinnungseffizienz von 70% in seinem Greentech-Industriewerk, mit 100% Trockenablage der Abfälle und Wasserwiederverwendung. Kürzliche Verbesserungen des Verarbeitungsablaufs haben die Produktion erheblich gesteigert, wodurch monatlich zwei große Lieferungen ermöglicht werden. Das Unternehmen baut eine zweite Greentech-Industrieanlage, um die Produktionskapazität und die Einnahmen zu verdoppeln.

Positive
  • Achieved production target of 270,000 tonnes annual rate
  • Reached 70% recovery efficiency at Greentech Industrial Plant
  • Successfully executing large-scale monthly shipments
  • Second plant under construction to double production capacity
  • Recent flowsheet enhancements increased production significantly
Negative
  • None.

Insights

<p>The announcement marks a significant operational achievement for Sigma Lithium, with the <b>22,650 tonnes</b> shipment demonstrating the company's ability to maintain consistent high-volume production. The <b>70% recovery rate</b> using dense media separation technology represents industry-leading efficiency, particularly notable given the environmental constraints of 100% dry-stacked tailings. The pricing mechanism linked to <b>8.25%</b> of GFEX battery-grade lithium carbonate prices provides a transparent market-based framework for revenue generation.</p><p>The confirmed production rate of <b>270,000 tonnes</b> annually validates the company's operational capabilities. The planned second Greentech Industrial Plant positions Sigma for substantial growth, with potential to double production capacity and leverage economies of scale to enhance profit margins. This expansion comes at a important time in the global lithium market, where reliable, environmentally conscious suppliers are increasingly valuable.</p>

<p>Sigma's Quintuple Zero Green Lithium production represents a breakthrough in sustainable mining practices. The achievement of 100% tailings dry stacking with water reuse demonstrates exceptional environmental stewardship in an industry typically associated with significant water consumption and waste management challenges. The dense media separation technology's <b>70% recovery rate</b> is particularly impressive as it maintains high efficiency while adhering to strict environmental standards.</p><p>The successful implementation of these green technologies, combined with the planned capacity expansion, positions Sigma as a leader in environmentally responsible lithium production. This aligns perfectly with growing market demands for sustainably sourced battery materials, potentially commanding premium pricing from environmentally conscious buyers in the EV supply chain.</p>

SÃO PAULO, Dec. 23, 2024 /PRNewswire/ -- Sigma Lithium Corporation (TSXV/NASDAQ: SGML, BVMF: S2GM34) ("Sigma Lithium" or the "Company"), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon-neutral, socially and environmentally sustainable lithium concentrate, is pleased to announce that it is currently loading 22,650 tonnes of its Quintuple Zero Green Lithium for shipment from the Port of Vitoria to IRH Global Trading LTD in Abu Dhabi (IRH), reflecting the Company's continued operational excellence.

Sigma Lithium has achieved a consistent monthly delivery schedule for large-scale shipments, having successfully met its target of producing Quintuple Zero Green Lithium at an annual rate of 270,000 tonnes. The execution of two large shipments within a short timeframe this quarter is a testament to the exceptional work of the Company's operational, commercial and logistics teams. The provisional price (6% Li2O, CIF China) for this shipment is set at 8.25% of the battery-grade lithium carbonate price quoted on the Guangzhou Futures Exchange (GFEX) as of the shipment date.

"We are incredibly proud of the operational milestones our team has achieved in transforming Sigma Lithium into a major lithium producer in 2024," said Ana Cabral, CEO and co-Chairperson of Sigma Lithium. "We have researched and advanced dense media separation technology for lithium oxide concentrate, taking it to a unique level of production efficiency, reaching 70% of recovery at our Greentech Industrial Plant, while dry stacking 100% of the tailings, and reusing the water. Final enhancements to the processing flowsheet were implemented last month, increasing production significantly and enabling us to deliver in cadence two large monthly shipments for November production and now this one, which is part of December production. This is a significant achievement. Looking ahead to 2025, we are very excited about the future, with our team building a second Greentech Industrial Plant, that will double our production capacity and revenues while increasing our margins with the resulting economies of scale."

ABOUT SIGMA LITHIUM
Sigma Lithium (TSXV/NASDAQ: SGML, BVMF: S2GM34) 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 is one of the world's largest lithium producers. The Company operates at the forefront of environmental and social sustainability in the electric vehicle battery materials supply chain at its Grota do Cirilo Operation in Brazil. Here, Sigma produces Quintuple Zero Green Lithium at its state-of-the-art Greentech lithium beneficiation plant, delivering net zero carbon lithium, produced with zero carbon intensive energy, zero potable water, zero toxic chemicals and zero tailings dams.

Phase 1 of the Company's operations entered commercial production in the second quarter of 2023. The Company has issued a Final Investment Decision, formally approving construction to double capacity to 520,000 tonnes of lithium concentrate through the addition of a Phase 2 expansion of its Greentech Plant.

For more information about Sigma Lithium, visit https://www.sigmalithiumresources.com/.

Sigma Lithium

LinkedIn: Sigma Lithium
Instagram: @sigmalithium
X (Twitter): @SigmaLithium

FORWARD-LOOKING STATEMENTS

This news release includes certain "forward-looking information" under applicable Canadian and U.S. securities legislation, including but not limited to statements relating to timing and costs related to the general business and operational outlook of the Company, the environmental footprint of tailings and positive ecosystem impact relating thereto, donation and upcycling of tailings, timing and quantities relating to tailings and Green Lithium, achievements and projections relating to the Zero Tailings strategy, achievement of ramp-up volumes, production estimates and the operational status of the Groto do Cirilo Project, and other forward-looking information. All statements that address future plans, activities, events, estimates, expectations or developments that the Company believes, expects or anticipates will or may occur is forward-looking information, including statements regarding the potential development of mineral resources and mineral reserves which may or may not occur. Forward-looking information contained herein is based on certain assumptions regarding, among other things: general economic and political conditions; the stable and supportive legislative, regulatory and community environment in Brazil; demand for lithium, including that such demand is supported by growth in the electric vehicle market; the Company's market position and future financial and operating performance; the Company's estimates of mineral resources and mineral reserves, including whether mineral resources will ever be developed into mineral reserves; and the Company's ability to operate its mineral projects including that the Company will not experience any materials or equipment shortages, any labour or service provider outages or delays or any technical issues. Although management believes that the assumptions and expectations reflected in the forward-looking information are reasonable, there can be no assurance that these assumptions and expectations will prove to be correct. Forward-looking information inherently involves and is subject to risks and uncertainties, including but not limited to that the market prices for lithium may not remain at current levels; and the market for electric vehicles and other large format batteries currently has limited market share and no assurances can be given for the rate at which this market will develop, if at all, which could affect the success of the Company and its ability to develop lithium operations. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, except as required by law. For more information on the risks, uncertainties and assumptions that could cause our actual results to differ from current expectations, please refer to the current annual information form of the Company and other public filings available under the Company's profile at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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SOURCE Sigma Lithium Corporation

FAQ

What is the size of Sigma Lithium's (SGML) latest shipment to Abu Dhabi?

Sigma Lithium's latest shipment consists of 22,650 tonnes of Quintuple Zero Green Lithium to IRH Global Trading in Abu Dhabi.

What is SGML's current annual production rate target?

Sigma Lithium has achieved its target of producing Quintuple Zero Green Lithium at an annual rate of 270,000 tonnes.

What is the pricing mechanism for SGML's latest lithium shipment?

The provisional price is set at 8.25% of the battery-grade lithium carbonate price quoted on the Guangzhou Futures Exchange (GFEX) as of the shipment date.

What recovery rate has SGML achieved at its Greentech Industrial Plant?

Sigma Lithium has achieved a 70% recovery rate at its Greentech Industrial Plant, while dry stacking 100% of the tailings and reusing water.

How will SGML's second Greentech Industrial Plant impact production?

The second Greentech Industrial Plant will double SGML's production capacity and revenues while increasing margins through economies of scale.

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