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Sigma Lithium Announced That It Has Commenced Commissioning of the First Module of the Production Plant – the Greentech Plant – at Its Grota do Cirilo Lithium Project, 100% Owned by the Company, in the Brazilian State of Minas Gerais.
The Company Has Made Rapid Progress with the Commissioning of the Greentech Plant Within This Month’s Schedule and Budget. With a Technical Team Led by Calvyn Gardner and Brian Talbot, It Has Worked Tirelessly This Quarter to Achieve This Goal.
“Our High-Caliber Team Is What Makes Sigma So Unique. Meanwhile, Our ESG Teams Have Been Working Diligently to Ensure That the Communities of Itinga and Araçuaí Are Simultaneously Elevated Through Sigma’s New Transformative Social Initiatives: Allocating Resources to Build 2,000 Rainwater Harvesting Systems and Empowering 10,000 Women Through Microfinance,” Ana Cabral Told Gardner, Co-CEO and Co-Chair of Sigma Lithium.
CEO of Sigma Lithium Discusses the Company’s Commitment in This Segment
Co-CEO and Co-Chair Calvyn Gardner Added: “We Remain Committed to Providing Sustainable Lithium for Batteries Following the Commissioning of Our Greentech Facility in April 2023.” Sigma Lithium Secured Up to US$ 100 Million from Shareholder Synergy Capital to Fund the Company Through August 2023. The Investment Will Help the Company Build the Initial Phase of a US$ 155 Million Lithium Battery Mine Expansion Project. During the First Phase, Grota do Cirilo Is Expected to Produce Up to 270,000 Tons Per Year of High-Purity Lithium Concentrate, Equivalent to Approximately 36,700 Tons of Lithium Carbonate Equivalent (LCE) Per Year.
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