SÃO PAULO, Aug. 1, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate announces it will release its financial results for the second quarter ended June 30, 2024 after market close on August 15, 2024. The release will be followed by an investor conference call ...

Sigma Lithium Corporation (SGML) closed the latest trading day at $10.93, indicating a +1.3% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 1.08% for the day. Elsewhere, the Dow gained 0.75%, while the tech-heavy Nasdaq added 2.64%. Coming into today, shares of the company had lost 8.4% in the past month. In that same time, the Computer and Technology sector lost 5.77%, while the S&P 500 lost 0.44%. The investment community will be closely monitoring the p ...

Core Viewpoint - Sigma Lithium Corporation has signed a US$ 22.4 million deferred letter of credit for export financing with Banco do Brasil, which will enhance its commercial power and reduce interest expenses, thereby improving competitiveness in the lithium market [1][11]. Group 1: Financial Developments - The company will phase out existing trade lines in its treasury due to the lower interest export credit lines, leading to decreased recurring interest expenses [2]. - The transaction allows Sigma Lithium to offer 90-day "export vendor financing" to clients at very low interest rates, calculated based on recent production and shipment prices [11]. - The financing agreement is expected to enhance Sigma Lithium's commercial flexibility and market access, allowing it to institutionalize a price premium for its lithium concentrate [12][13]. Group 2: Production Capacity and Sustainability - Sigma Lithium's Phase 1 project entered commercial production in the second quarter of 2023, with an annual capacity of 270,000 tonnes of concentrate (36,700 tonnes of lithium carbonate equivalent) [9][13]. - The company has approved a Final Investment Decision to expand capacity to 520,000 tonnes of concentrate through a Phase 2 expansion of its Greentech Plant [9]. - Sigma Lithium is committed to producing "Quintuple Zero Green Lithium," which is characterized by zero carbon emissions, zero dirty power, zero potable water usage, zero toxic chemicals, and zero tailings dams [4][13]. Group 3: Strategic Partnerships - The partnership with Banco do Brasil marks a significant milestone for Sigma Lithium, as it gains access to trade financing instruments typically available to Brazil's largest exporters [7][12]. - The collaboration aims to strengthen Sigma Lithium's position in the Brazilian green industrialization of battery materials [7].

In late April, Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF) filed a new Preliminary Economic Assessment (PEA) on its flagship Hombre Muerto North Lithium Project. The new PEA further bolstered Lithium South's plans to advance the development of a lithium carbonate production facility with an annual output of 15,600 tonnes. The assessment revealed a promising financial outlook, with an after-tax Net Present Value (NPV) of US$938 million and an Internal Rate of Return (IRR) of 31.6%. The proje ...

Ana Cabral, Co-Chair and CEO of Sigma Lithium states, "We were honored to have been able to count on the indefatigable dedication of Cesar and Lucas during their tenure at our Board of Directors. They had instrumental roles in helping steer and prepare the Company to withstand the downcycle of lithium prices, helping us to emerge a significantly stronger and resilient player, becoming the formidable global leader we are today in the lithium market: the world's 4th industrial mineral lithium complex with glo ...

HIGHLIGHTS SAO PAULO, July 1, 2024 /PRNewswire/ -- Sigma Lithium Corporation (NASDAQ: SGML) (BVMF: S2GM34) (TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, is pleased to announce it completed the sale of its 10th shipment of 22,000t of Quintuple Zero Lithium at a premium floating price of 8.75% of LME Lithium Hydroxide quoted at LME (CIF Shanghai basis). Sigma Lith ...

Core Insights - The theme "Invest in Dignity" was central to Saudi Arabia's first flagship summit in Brazil, focusing on energy transition, technology, and social inclusion to create a global order prioritizing dignity for all [1][3] Company Overview - Sigma Lithium Corporation is a leading global lithium producer, dedicated to providing carbon neutral, socially and environmentally sustainable lithium concentrate for electric vehicles [6][14] - The company operates in Brazil's Vale do Jequitinhonha, where it has significantly contributed to local economic growth and social inclusion [20][21] Recent Developments - Sigma Lithium hosted a delegation from the Wharton School at its industrial site, showcasing Brazil's role in the global lithium industry and the production of its Quintuple Zero Green Lithium [2][11][12] - The company participated in discussions at the Future Investments Initiatives Priority Summit, co-chaired a conclave with Saudi Aramco, and emphasized the importance of materials transition in the energy sector [5][7][9] Sustainability Efforts - Sigma Lithium's Quintuple Zero Green Lithium is produced with zero carbon emissions, zero usage of potable water, zero tailing dams, zero dirty power, and zero toxic chemicals, aligning with the ethos of electric vehicles [10][15] - The company has created over 14,000 jobs and plans billions of reals in investments, contributing to a 20% annual economic growth in the Jequitinhonha Valley [21]

Company Overview - Sigma Lithium Corporation is a leading global lithium producer focused on providing carbon neutral, socially and environmentally sustainable lithium concentrate for electric vehicle batteries [8][12]. - The company is currently producing Quintuple Zero Green Lithium concentrate from its Grota do Cirilo Project in Brazil, which emphasizes environmental and social sustainability in the EV battery materials supply chain [3][12]. Project Details - Phase 1 of the Grota do Cirilo Project entered commercial production in 2023, with an annual capacity of 270,000 tonnes of concentrate (equivalent to 36,700 tonnes of lithium carbonate equivalent, LCE) [3]. - A Final Investment Decision has been made to nearly double the capacity to 520,000 tonnes of concentrate through the addition of a Phase 2 concentrate mine [3]. - The project utilizes a state-of-the-art Greentech lithium plant that operates on 100% renewable energy, 100% recycled water, and employs 100% dry-stacked tailings [3]. Upcoming Events - The Annual General and Special Meeting of Shareholders (AGSM) is scheduled to be held virtually on July 9, 2024, at 11:00 a.m. EST [12][13]. - Shareholders must submit their proxy voting instructions by 11:00 a.m. Eastern Time on July 5, 2024 [2][6]. Shareholder Information - The company has amended the AGSM date to provide shareholders ample time to review the Meeting Circular and related materials before voting [6]. - Only shareholders of record as of May 24, 2024, will be entitled to vote at the AGSM [13]. Sustainability Commitment - Sigma Lithium is dedicated to environmental and social sustainability, positioning itself at the forefront of the lithium supply chain for electric vehicles [3][8].

HIGHLIGHTS Sigma Lithium is also pleased to participate and to sponsor (through Instituto Litio Verde) two major global events discussing climate and energy transition convening in Rio de Janeiro in June, as a result of Brazil's protagonist role as G20 host in 2024. Sigma Lithium's Executive Vice President for Business Development, Matthew Deyoe, will represent the Company in the G20 events in Rio. The event features panels exploring various facets of the transition to a sustainable future with keynote addr ...

SÃO PAULO, May 22, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, announces it has commenced loading its ninth shipment of Quintuple Zero Green Lithium, totaling 22,000 tonnes, at the Port of Vitoria. The Company sold its entire ninth shipment directly to ...