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SIGMA LITHIUM EXCEEDS 4Q2024 TARGETS WITH 75,000T OF QUINTUPLE ZERO GREEN LITHIUM PRODUCED; POSITIONED TO SURPASS 270,000T IN 2025

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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.

Positive
  • 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
Negative
  • 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 25% higher quarterly production versus previous quarters demonstrates strong execution capabilities and operational efficiency improvements.

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 11% upside to guidance. The company's demonstrated ability to optimize their dense media separation technology and processing innovations provides confidence in their ability to maintain these elevated production levels.

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 Brazil, our State Government of Minas Gerais, our customers, BNDES, our shareholders. Sigma Lithium's accomplishments this year would not have been possible without you. In 2025, we are well-positioned to exceed expectations and bring continued growth and shared prosperity to our region".

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

How much lithium did Sigma Lithium (SGML) produce in Q4 2024?

Sigma Lithium produced approximately 75,000 tonnes of Quintuple Zero Green Lithium in Q4 2024, exceeding their quarterly production targets.

What is SGML's total production and sales volume for 2024?

Sigma Lithium achieved approximately 240,000 tonnes in total production and sales volumes for 2024.

What is Sigma Lithium's production target for 2025?

Sigma Lithium is positioned to exceed its 2025 production target of 270,000 tonnes.

What type of lithium does Sigma Lithium (SGML) produce?

Sigma Lithium produces Quintuple Zero Green Lithium, which is carbon-neutral, socially and environmentally sustainable lithium concentrate.

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