Core Viewpoint - Sigma Lithium Corporation has successfully resumed mining activities at Mine 1 in Brazil, concluding a restructuring aimed at enhancing operational efficiency and safety while increasing production capacity [3][4][6]. Company Operations - The restructuring of Sigma Lithium's mining operations was completed in Q4 2025, with a focus on tripling earth-moving capabilities through a larger off-road equipment fleet [4][6]. - The resumption of mining activities is part of a staged equipment deployment plan, ensuring a controlled ramp-up process [6][7]. Financial Performance - The restructuring was partially financed by the successful sale of high-purity low-grade lithium oxide concentrate fines, which could generate proceeds equivalent to selling approximately 70,000 tonnes of high-grade lithium oxide concentrate [5][10]. - Sigma Lithium's cash flow forecasts indicate robust potential under various production scenarios, with estimated cash flows of $78 million to $286 million for Phase 1 and $225 million to $592 million for Phases 1 & 2, depending on lithium prices [9][10]. Production Capacity - Sigma Lithium currently has a nameplate capacity of 270,000 tonnes of lithium oxide concentrate annually and is constructing a second plant to double this capacity [16]. - The company plans to resume construction and commissioning of the Phase 2 Greentech Industrial Plant to meet the growing demand for lithium battery materials [5][10]. Market Position - Sigma Lithium is positioned as a leading global lithium producer, emphasizing a commitment to environmentally sustainable practices in the electric battery materials supply chain [14][15]. - The company has established strong financial support from global clients and financiers, which has been crucial for the successful resumption of mining activities [10][11].
CORRECTION FROM SOURCE: Sigma Lithium Announces the Resumption of Mining Activities at Mine 1, with over 600 People Working on Site