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Sigma Lithium and Brazilian Government Officials Ring Nasdaq Opening Bell to Celebrate Launch of Lithium Valley Brazil Initiative
Sigma Lithium joined the Governor of Minas Gerais and the Deputy Minister of Mines and Energy in Brazil to ring the Opening Bell at Nasdaq MarketSite in New Yor
About this update from Sigma Lithium Corporation
[{"type":"text","content":" Sigma Lithium joined the Governor of Minas Gerais and the Deputy Minister of Mines and Energy in Brazil to ring the Opening Bell at Nasdaq MarketSite in New York, celebrating the launch of Lithium Valley Brazil. Lithium Valley Brazil is an unprecedented collaborative effort marking the future of a more sustainable source of lithium. The initiative is aimed at attracting capital markets and private investments in the lithium battery supply chain while streamlining the development and construction of projects in the lithium mining and processing industries. Going forward, Lithium Valley Brazil will create optimal business conditions to foster significant increases in the production of high purity, battery grade environmentally sustainable green lithium (\"Green Lithium\") in Brazil. The initiative will facilitate the development of a green industrial footprint for the metal and advance social development goals, including reducing income inequality at Vale do Jequitinhonha. Federal and State Governments will ensure legal certainty and enable regulatory simplicity, as well as streamline the permitting process for environmentally sustainable projects, with support from industry associations. The private and public sector will work together to lead infrastructure projects focused on sanitation, health and education that will benefit the people of Vale do Jequitinhonha, improving their living conditions and reducing inequality. Investors and capital markets are expected to fund all sustainable lithium projects, ancillary projects, and industry infrastructure as well as downstream industries. As a result of this capital markets-friendly approach, taxpayer money will be directed to social development initiatives, following the successful Australian model. Participating companies are committing to setting the highest global standards of environmental and social sustainability in prospecting and producing the lithium. NEW YORK, May 11, 2023 /CNW/ -- SIGMA Lithium Corporation (\"Sigma Lithium\" or the \"Company\") (NASDAQ: SGML, TSXV: SGML), Sigma Lithium Corporation, a Brazil-based company dedicated to powering the next generation of electric vehicle batteries with Green Lithium, and representatives from the government of Brazil celebrated the launch of Lithium Valley Brazil by ringing the opening bell at Nasdaq MarketSite in Ne...