tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sigma Lithium achieves first production of Green Lithium

Sigma Lithium announced that it has achieved first production of Green Lithium, thus concluding the commissioning process and transitioning the company from developer to producer. Completing the commissioning of the Phase 1 Greentech Plant is the final critical milestone in the development of the Grota do Cirilo project in Brazil and marks the successful completion of Phase 1 project construction. Sigma Lithium’s technical team, led by COO Brian Talbot, will now turn its attention to ramping up throughput to full production capacity, which it expects to achieve by July. As the project ramps to full production capacity, high-quality Green Lithium will be stockpiled and prepared for sale, with an inaugural first shipment of approximately 15,000 tons expected in May. The company recently announced that it had obtained its environmental operating license to sell all Green Lithium product from current and future production, including any stockpiled product. Ana Cabral-Gardner, Sigma Lithium CEO and co-chairperson congratulates the Sigma Lithium team and is pleased that Sigma Lithium is delivering on its production targets for all of its stakeholders.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on SGML:

Disclaimer & DisclosureReport an Issue

1