Sigma Lithium has prepared 22,500 tons of battery-grade, carbon neutral, zero hazardous chemicals and zero tailings sustainable lithium at Vitoria Port to be shipped to Glencore. The shipment is part of an agreement with Glencore that aims to build a low carbon, environmentally and socially sustainable global lithium supply chain for electric vehicles. Sigma Lithium lowered its carbon footprint with a series of initiatives. The company’s Triple Zero Green Lithium is produced at its Greentech lithium plant at its Grota do Cirilo Project in Brazil, the first lithium project in the world without a tailings dam. With 100% dry-stacked tailings and the absence of hazardous chemical products for processing lithium, the company is preventing water and soil contamination and contributing to the preservation of rivers and forests in the region. Further, due to the carbon content of Sigma Lithium’s products, as well as its production methods, the company’s carbon footprint was offset with carbon credits purchased from Carbonext, making the shipment carbon neutral.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on SGML:
- Sigma Lithium to evaluate proposals, strategic alternatives
- Sigma Lithium (NASDAQ:SGML) Rises on Receipt of Strategic Proposals
- ‘Lithium Batteries Are the New Oil,’ According to Elon Musk — Here Are 2 Stocks to Take Advantage
- Sigma Lithium price target lowered to $42 from $44 at BofA
- Sigma Lithium to reach 270K tonnes of Triple Zero Green Lithium in Q3