Business

Sigma Lithium Announces the Resumption of Mining Activities at Mine 1, with over 600 People Working on Site

HIGHLIGHTS Sigma Lithium announces the resumption of mining activities at its Mine 1 in Val...

articleSigma Lithium CorporationFebruary 2, 20265/company/sigma-lithium-resources-corp/news/sigma-lithium-announces-the-resumption-of-mining-activities-at-mine-1-with-over-600-people-working-on-site
Sigma Lithium Announces the Resumption of Mining Activities at Mine 1, with over 600 People Working on Site

About this update from Sigma Lithium Corporation

[{"type":"text","content":"Sigma Lithium Announces the Resumption of Mining Activities at Mine 1, with over 600 People Working on SiteHIGHLIGHTS Sigma Lithium announces the resumption of mining activities at its Mine 1 in Vale do Jequitinhonha in Brazil, as scheduled.This step successfully concludes the restructuring of mining operations aimed at increasing safety and operating efficiency, with the Company's technical leadership managing mining activities and planning, while incorporating a larger off-road mining fleet to match the increased production capacity achieved by the Greentech Industrial Plant.The restructuring was financed in part by the commercial success of Sigma Lithium's high-purity low-grade lithium oxide concentrate fines, which can potentially generate equivalent proceeds to those of selling approximately 70,000t of Sigma Lithium's high grade lithium oxide concentrate product.The new mining operational structure is expected to fully support the increase in production scale planned within the next 12 months, with the resumption of construction and subsequent commissioning of the Phase 2 Greentech Industrial Plant.Demonstrating how Sigma Lithium's low costs can enable the generation of robust cash flows under any production scenario for Phase 1, we provided an illustrative annual guidance for cash flow generation utilizing two different historical scenarios for Phase 1's ongoing production (220,000tpy and 240,000tpy) and for Phase 2 (520,000tpy); (see Table 1 below). The Company will provide guidance for the full year 2026 output once production resumption reaches a \"steady state\" during 1Q26.São Paulo, Brazil--(Newsfile Corp. - February 2, 2026) - Sigma Lithium Corporation (TSXV: SGML) (NASDAQ: SGML) (BVMF: S2GM34) (\"Sigma Lithium\" or \"the Company\"), a leading global lithium producer dedicated to powering the next generation of electric batteries with socially and environmentally sustainable lithium concentrate, announces that it has resumed mining activities at the Company's Mine 1 in Vale do Jequitinhonha in Brazil, as scheduled. The resumption successfully concluded the restructuring of the Sigma Lithium's mining operations that occurred during 4Q25, with the Company's technical leadership directing and managing all mining restructuring activities and planning and leading subcontractors providing equipment, including bl...

More updates from Sigma Lithium Corporation