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Sigma Lithium Achieves Record Peak Production of 890 Tonnes Per Day, Equivalent to Annualized 320,000 Tonnes Per Year
HIGHLIGHTS Achieves Operational Targets Sigma Lithium announces that its Greentech Plant has reached record daily peak production of 890 tonnes of Triple Zero G
About this update from Sigma Lithium Corporation
[{"type":"text","content":" HIGHLIGHTS Achieves Operational Targets Sigma Lithium announces that its Greentech Plant has reached record daily peak production of 890 tonnes of Triple Zero Green Lithium, equivalent to annualized production of 320,000 tonnes The Company is on track to achieve annual 2023 production guidance of 130,000 tonnes The Company has exceeded the design utilization rate of 85%, running at 88% Greentech Plant's throughput has evolved to 100% design capacity SAO PAULO, Oct. 2, 2023 /CNW/ -- 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, responsibly sourced chemical grade lithium concentrate, announces that its Greentech Plant has reached record daily peak production of 890 tonnes, equivalent to annualized production of 320,000 tonnes of Triple Zero Green Lithium at battery grade with 5.5% of lithium oxide. Therefore, as planned, the Company demonstrates it remains on track to achieve annual 2023 production guidance of 130,000 tonnes of Triple Zero Green Lithium. Sigma Lithium has successfully ramped up its Greentech Plant to enable it to operate at 100% of design nameplate throughput capacity of annualized production of 270,000 tonnes of Triple Zero Green Lithium. Achieved Operational Targets Achieving these targets demonstrates the excellent performance of the Greentech Plant and its tailings dry-stacked circuit in synchronicity with Dense Medium Separation (DMS). The Company has exceeded the design utilization rate of 85%, running at 88%. Throughput has evolved, as planned, from 75% throughput capacity at the end of July 2023 to 100% design capacity, as of Sept. 30, 2023. DMS cyclones operating consistently at 200 tonnes/hour (maximum capacity is 230 tonnes/hour) Greentech Plant global recoveries have been tracking in line with design. The Company has been calibrating \"down\" the concentrate grade from 5.9% Li2O lithium concentrate. Sigma Lithium's state-of-the-art Greentech Plant is the first lithium plant in the world to produce chemical grade lithium concentrate without a tailings dam and with 100% reuse of the water utilized in the processing. With 100% dry-stacked tailings and the absence of hazardous chemical products in processing the l...