SIGMA LITHIUM EXCEEDS 4Q2024 TARGETS WITH 75,000T OF QUINTUPLE ZERO GREEN LITHIUM PRODUCED; POSITIONED TO SURPASS 270,000T IN 2025
Sigma Lithium (SGML) has exceeded its Q4 2024 production targets, producing approximately 75,000 tonnes of Quintuple Zero Green Lithium. The company achieved total production and sales volumes of approximately 240,000 tonnes for 2024, positioning it to surpass its 2025 production target of 270,000 tonnes.
The company's Greentech Industrial Plant has demonstrated mastery of innovative green industrialization technologies for lithium processing and dense media separation, delivering sustainable lithium materials aligned with electric vehicle consumer values. The success is attributed to the company's dedicated team and support from various stakeholders, including the Brazilian government, Vale do Jequitinhonha community, BNDES, customers, and shareholders.
Sigma Lithium (SGML) ha superato i suoi obiettivi di produzione del quarto trimestre del 2024, producendo circa 75.000 tonnellate di Litio Verde Quintuple Zero. L'azienda ha raggiunto volumi totali di produzione e vendite di circa 240.000 tonnellate per il 2024, posizionandosi per superare l'obiettivo di produzione del 2025 di 270.000 tonnellate.
Il Greentech Industrial Plant dell'azienda ha dimostrato padronanza delle tecnologie innovative di industrializzazione verde per la lavorazione del litio e la separazione a media densa, fornendo materiali di litio sostenibili in linea con i valori dei consumatori di veicoli elettrici. Il successo è attribuito al team dedicato dell'azienda e al supporto di vari stakeholder, inclusi il governo brasiliano, la comunità di Vale do Jequitinhonha, il BNDES, i clienti e gli azionisti.
Sigma Lithium (SGML) ha superado sus objetivos de producción del cuarto trimestre de 2024, produciendo aproximadamente 75,000 toneladas de Litio Verde Quintuple Cero. La compañía alcanzó volúmenes totales de producción y ventas de alrededor de 240,000 toneladas para 2024, posicionándose para superar su meta de producción de 2025 de 270,000 toneladas.
La planta industrial Greentech de la compañía ha demostrado dominio de tecnologías innovadoras de industrialización verde para el procesamiento de litio y separación de medios densos, entregando materiales de litio sostenibles alineados con los valores de los consumidores de vehículos eléctricos. El éxito se atribuye al equipo dedicado de la empresa y al apoyo de diversos grupos de interés, incluyendo al gobierno brasileño, la comunidad de Vale do Jequitinhonha, BNDES, clientes y accionistas.
시그마 리튬 (SGML)은 2024년 4분기 생산 목표를 초과 달성하여 약 75,000톤의 퀸트플 제로 친환경 리튬을 생산했습니다. 이 회사는 2024년 약 240,000톤의 총 생산 및 판매량을 기록하여, 2025년 270,000톤의 생산 목표를 초과할 수 있는 위치에 있습니다.
회사의 그린테크 산업 공장은 리튬 처리 및 밀도가 높은 매질 분리를 위한 혁신적인 친환경 산업화 기술을 숙련하여 전기차 소비자 가치에 부합하는 지속 가능한 리튬 소재를 공급했습니다. 이러한 성공은 회사의 헌신적인 팀과 브라질 정부, 바우 도 제키틴호냐 커뮤니티, BNDES, 고객 및 주주를 포함한 다양한 이해관계자의 지원 덕분입니다.
Sigma Lithium (SGML) a dépassé ses objectifs de production pour le quatrième trimestre 2024, produisant environ 75 000 tonnes de Lithium Vert Quintuple Zéro. L'entreprise a atteint un volume total de production et de ventes d'environ 240 000 tonnes pour 2024, la positionnant pour dépasser son objectif de production de 2025 de 270 000 tonnes.
L'usine industrielle Greentech de l'entreprise a démontré sa maîtrise des technologies innovantes d'industrialisation verte pour le traitement du lithium et la séparation à milieu dense, fournissant des matériaux de lithium durables en accord avec les valeurs des consommateurs de véhicules électriques. Ce succès est attribué au dévouement de l'équipe de l'entreprise et au soutien de divers acteurs, y compris le gouvernement brésilien, la communauté de Vale do Jequitinhonha, le BNDES, les clients et les actionnaires.
Sigma Lithium (SGML) hat seine Produktionsziele für das vierte Quartal 2024 übertroffen und etwa 75.000 Tonnen von Quintuple Zero Grünstrom-Lithium produziert. Das Unternehmen erreichte 2024 insgesamt Produktions- und Verkaufsvolumina von etwa 240.000 Tonnen, wodurch es in der Lage ist, das Produktionsziel für 2025 von 270.000 Tonnen zu übertreffen.
Das Greentech Industrial Plant des Unternehmens hat sein Können in innovativen Technologien zur grünen Industrialisierung für die Lithiumverarbeitung und dichte Medientrennung unter Beweis gestellt und nachhaltige Lithiummaterialien geliefert, die mit den Werten der Verbraucher von Elektrofahrzeugen in Einklang stehen. Der Erfolg ist dem engagierten Team des Unternehmens und der Unterstützung verschiedener Interessengruppen, einschließlich der brasilianischen Regierung, der Gemeinde Vale do Jequitinhonha, BNDES, Kunden und Aktionären, zu verdanken.
- Q4 2024 production exceeded targets at 75,000 tonnes
- Achieved 240,000 tonnes in production and sales for 2024
- On track to exceed 2025 production target of 270,000 tonnes
- None.
Insights
The production milestone of 75,000 tonnes in Q4 2024 and total annual output of 240,000 tonnes showcases SGML's operational excellence and successful ramp-up at their Greentech Industrial Plant. The achievement of
The projected 270,000 tonnes target for 2025 appears conservative given current production momentum. Based on Q4's run-rate of 75,000 tonnes per quarter, annual production capacity could potentially reach 300,000 tonnes, suggesting
For investors unfamiliar with lithium mining: Think of this like a new factory that's not only meeting its production goals but exceeding them by a significant margin. The company has essentially proven it can produce more efficiently than initially planned, which typically translates to better cost economics and higher potential revenues.
The emphasis on "Quintuple Zero Green Lithium" production aligns with increasing global demand for sustainably sourced battery materials. SGML's focus on carbon-neutral operations and environmentally sustainable practices positions them favorably with both EV manufacturers and environmentally conscious investors. This is particularly relevant as major markets like the EU and US implement stricter environmental standards for battery supply chains.
The strong stakeholder relationships highlighted - from local communities to federal government and BNDES (Brazil's development bank) - indicate robust social license to operate. This comprehensive stakeholder support reduces operational risks and enhances potential for future expansion. For the average investor: Having good relationships with local communities and government bodies is like having insurance - it helps prevent costly delays and conflicts that could disrupt operations.
SÃO PAULO, Dec. 30, 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 ("Quintuple Zero Green Lithium"), is pleased to announce the successful completion of the 2024 business year, significantly exceeding fourth-quarter production target with approximately 75,000 tonnes produced, and achieving a total of approximately 240,000 tonnes in production and sales volumes for the year. With its strong operational performance and commitment to sustainable growth, Sigma Lithium is well-positioned to exceed its 2025 production target of 270,000 tonnes.
Ana Cabral, CEO and Co-Chairman of Sigma Lithium, said, "With the successful completion of the fourth quarter, we are demonstrating mastery of our innovative green industrialization technologies for lithium processing and dense media separation. Our Greentech Industrial Plant is delivering lithium materials that are aligned with the ethos of the consumers of the electric vehicles, and this gives our team a tremendous sense of purpose and accomplishment. Exceeding production and commercial targets in the fourth quarter has reinforced our confidence in our ability to surpass our 2025 production targets. This remarkable year is a testament to the relentless pursuit of excellence by a highly dedicated team, showing that innovation thrives in diverse work environments".
She added: "We are also deeply honored by the embrace and support we have received throughout this year from all of our stakeholders: our neighbors at Vale do Jequitinhonha, our Federal Government of
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
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
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SOURCE Sigma Lithium Corporation
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