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Sigma Lithium has increased its Proven and Probable Reserve balance by 40% to 77.0 million tonnes, extending its operations to 25 years. This increase allows for continued low-cost lithium production growth, supporting new processing facilities or a longer operating life. The increased mineral Reserves are feasible through open pit mining operations, maintaining a low operating cost model. Sigma Lithium continues to convert Resources into Reserves over time, demonstrating a commitment to invest in Brazil's lithium production. This significant update reflects the Company's dedication to sustainable and environmentally friendly lithium concentrate production.
Sigma Lithium, a global lithium producer, filed its full year 2023 financial statements and MD&A on April 30, 2024. The audited numbers confirmed the initial results filed on April 1, 2024. No significant changes were made from the initial results. The filings are available on SEDAR, EDGAR, and the Company's website.