Welcome to our dedicated page for Sigma Lithium Corporation news (Ticker: SGML), a resource for investors and traders seeking the latest updates and insights on Sigma Lithium Corporation stock.
Sigma Lithium Corporation (SGML) delivers essential updates from its pioneering sustainable lithium operations in Brazil. This dedicated news hub provides investors and industry stakeholders with verified information about production milestones, environmental initiatives, and strategic developments at the Grota do Cirilo project.
Access timely announcements covering quarterly results, processing innovations, and supply chain partnerships that position Sigma Lithium as a leader in eco-friendly battery materials. Our curated collection includes press releases detailing the company’s Quintuple Zero Green Lithium production, operational efficiency improvements, and commercial agreements with global EV manufacturers.
Key focus areas include updates on the Greentech Industrial Plant’s output, advancements in dense media separation technology, and progress toward carbon-neutral lithium concentrate production. Subscribers and analysts will find authoritative reporting on resource management practices and market expansion strategies.
Bookmark this page for direct access to Sigma Lithium’s official communications, including regulatory filings and sustainability reports. For those monitoring the EV battery materials sector, this resource offers critical insights into one of the industry’s most environmentally progressive lithium producers.
Sigma Lithium Corporation (NASDAQ: SGML) has announced an additional C$64.2 million investment from BlackRock, raising the total of its private placement to approximately C$136.7 million. This investment will increase BlackRock's stake in the company to about 5.5%. Sigma plans to issue around 11.6 million common shares at C$11.75 each, aiming to fund its phase 1 production plant and mine, along with the development of phases 2 and 3 of its Grota do Cirilo Project in Brazil. The Offering is set to close on or about December 22, 2021.
Sigma Lithium Corporation (NASDAQ: SGML) has commenced construction of its Production Plant at the Grota do Cirilo Project in Brazil, with around 180 workers engaged in foundation and civil works. The company expects to begin production in Q4 2022, supported by secured funding and critical long lead items. With a planned capacity of 220,000 tonnes of battery-grade lithium concentrate annually, Sigma aims to meet rising demand. The project is backed by term sheets for debt financing, and the company is also evaluating the potential for a second production phase to double capacity.
Sigma Lithium Corporation (NASDAQ:SGML) announced the filing of a final short form base shelf prospectus with securities regulators in Canada and a corresponding registration statement with the SEC. This prospectus allows Sigma to access capital markets over the next 25 months, supporting its Grota do Cirilo Project aimed at lithium production. The Company can issue up to US$250 million in various securities, contingent on market conditions. Sigma is positioned to meet growing lithium demand while maintaining its commitment to environmental sustainability.
Sigma Lithium announces mobilization at its Grota do Cirilo lithium project for the construction of its Production Plant, engaging around 180 contractors. The company has successfully completed FEED, releasing a new 3D design video. Co-CEO Ana Cabral-Gardner will represent Sigma at COP26, discussing the project's environmental initiatives. Additionally, Sigma filed a preliminary base shelf registration statement for up to US$250 million in debt and equity securities over 25 months in the U.S. and Canada.
Sigma Lithium announced the mobilization of its workforce and equipment for pre-construction activities at its Grota do Cirilo lithium project, involving over 180 contractors and 1 million cubic meters of terrain. The company concluded its FEED and released a new 3D detailed design video of its production plant. Co-CEO Ana Cabral-Gardner is participating in COP26, addressing sustainable development and ESG initiatives. Additionally, Sigma filed a preliminary base shelf prospectus in the U.S. and Canada to distribute up to $250 million in debt and equity securities over 25 months.
On October 26, 2021, Sigma Lithium co-CEO Ana Cabral-Gardner addressed the Brazilian Congress, highlighting Brazil's potential to become a global leader in exporting environmentally sustainable lithium materials. She emphasized the growing demand for lithium driven by electric vehicle sales and urged Congress to support the new industry to attract investments to Vale do Jequitinhonha, a region in need of economic development. Sigma Lithium aims to produce high-purity lithium for electric vehicle batteries, positioning Brazil as a key player in the international decarbonization effort.
Sigma Lithium's Co-CEO, Ana Cabral-Gardner, addressed the "FT LIVE Commodities Summit" on October 8, emphasizing technology's crucial role in making lithium production more sustainable and cost-effective, vital for the electric vehicle (EV) market. Key challenges identified include supply scaling, environmental sustainability, and producing high-quality lithium. Sigma, located in Brazil, is advancing its Grota do Cirilo Project to deliver low-carbon, high-purity lithium while adhering to stringent ESG standards. The company is set for production in 2022, continuing its commitment to eco-friendly practices.
On October 5, 2021, Sigma Lithium announced a binding off-take agreement with LG Energy Solution to supply battery-grade sustainable lithium concentrate through 2027. Starting in 2023, LG Energy Solution will purchase 60,000 tons per year on a 'take-or-pay' basis, scaling to 100,000 tons annually by 2024. The pricing is linked to market rates for lithium hydroxide. The agreement reinforces Sigma’s commitment to sustainability, as their lithium production is entirely powered by clean energy, adhering to high ESG standards.
Sigma Lithium (NASDAQ: SGML) announced the participation of Co-CEO Ana Cabral Gardner in the UN High-Level Dialogue on Energy on September 24, 2021. This dialogue focuses on achieving universal energy access and net-zero emissions. Additionally, Gardner participated in the World Climate Forum, addressing clean transportation investments. Sigma Lithium aims to leverage its sustainable lithium production to contribute significantly to the green energy transition. The company operates the Grota do Cirilo Project in Brazil, which is set for near-term production in 2022, underpinning its ESG-focused strategy.
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